Tag
crude oil
7 articles
Rupee Breaks Range as Oil Drop and FPI Inflows Align
The rupee closed at 95.41 Tuesday after breaching key resistance, supported by $2.4 billion in August FPI inflows and a 2 percent crude oil decline.
Oil Falls 2% as Traders Await Iran Sanctions Details
West Texas Intermediate dropped to near $85 and Brent to around $93 as profit-taking hit a market awaiting Washington's full sanctions announcement targeting Iran's economy.
Hormuz Supertanker Cost: $10 per Barrel, Well Below Iraq's Discount
TotalEnergies CEO Patrick Pouyanne puts the all-in freight and insurance cost at $10 per barrel—far below the $25-$30 discount Iraqi crude commands, keeping the arbitrage profitable despite war risk.
India's Early FCNR Swap Closure Pushes Short-Tenor Bond Yields Higher
The RBI moved its diaspora-deposit hedging deadline to Aug. 31 after inflows topped $52 billion, lifting shorter-duration bond yields as banks lost a zero-cost hedge.
Libya's El Feel, Wafa Fields Resume Output, Adding 120,000 BPD to Global Supply
The National Oil Corporation confirmed crude flow restarted at both southwestern fields after a week-long halt triggered by a local protest.
S&P 500 Rallies as Iran Ceasefire Deal Bolsters Market Stability, Oil Drops
U.S. equity indexes surged today after National Security Advisor Robert Hegseth confirmed the Iran ceasefire deal remains intact, significantly easing geopolitical risk premiums and sending crude oil lower.
Bitcoin Defends $69,162 as Crude Oil Plunge Signals Global Risk Reset
Reports of a potential 45-day US-Iran ceasefire sent Brent crude oil prices lower, creating a ripple effect across traditional and digital asset markets as investors reassess global risk premiums.