Tag: oil
Australia Stocks Higher as S&P/ASX 200 Gains 0.51%
Jennifer -
Australian equities ended the trading session on Wednesday with gains, driven by positive performance in the Consumer Staples, Healthcare, and Industrials sectors. At the close...
Australia’s S&P/ASX 200 Index Dips 0.41% as IT and Mining Sectors Weigh
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The Australian stock market ended lower on Tuesday, with the S&P/ASX 200 slipping 0.41% at the close in Sydney. Losses in the IT, Telecoms...
Analysis: Consumer Stocks in India’s Booming Stock Market Rise 18% but Trail Behind
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In India's flourishing economy, characterized by a sizzling stock market, consumer stocks are experiencing a surge, albeit with a notable lag behind benchmark Indian...
Oil prices were relatively unchanged
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Oil prices were relatively unchanged on Tuesday, with Brent crude futures for May edging up by 7 cents to $86.82 a barrel, and U.S....
Indian Refiners Increase Purchases of US Crude Amidst Tightening Russian Sanctions
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Ship tracking data reveals that India is set to receive over 250,000 barrels per day of U.S. crude next month, marking the highest intake...
Oil Prices Climb Amid Heightened Geopolitical Risks and Supply Concerns
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Early Asian trading on Monday saw a surge in oil prices, driven by mounting worries regarding tightened global supply exacerbated by escalating conflicts in...
Australian Stocks Close Higher, S&P/ASX 200 Up 0.53%
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On Monday, Australian stocks concluded the trading session with gains, with the S&P/ASX 200 rising by 0.53%. The positive performance was primarily driven by...
Japan Stocks Close Lower; Nikkei 225 Slides 1.10%
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On Monday, Japan's stock market concluded the trading session with a downturn, driven by losses in the Shipbuilding, Mining, and Transportation Equipment sectors. At the...
Why is crude oil called brent?
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In the realm of commodities trading, Brent crude oil occupies a prominent position as a benchmark for oil prices worldwide. The name "Brent" may...
What is ice brent?
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In the complex world of commodities trading, understanding the significance of benchmarks like ICE Brent is crucial for investors, traders, and industry professionals alike....
How crude oil is refined into petroleum products?
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In the realm of energy production and consumption, crude oil stands as a cornerstone resource, powering industries, transportation, and countless other facets of modern...
Egypt Implements Fuel Price Hikes as Part of IMF Agreement
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Egypt has increased prices on a wide range of fuel products, according to an announcement in the official gazette on Friday, progressing with a...