Oil rises over 2% on low US crude draw, delay in OPEC+ output hike; Brent rebounds from 6% drop to hit $73/bbl

Oil rises over 2% on low US crude draw, delay in OPEC+ output hike; Brent rebounds from 6% drop to hit $73/bbl

International crude oil prices rebounded on Wednesday, October 30, rising more than two per cent after data showed US crude and gasoline inventories fell unexpectedly last week and on reports that the Organisation of Petroleum Exporting Countries (OPEC) will likely delay its planned oil output increase. After falling more than six per cent earlier in … Read more

Indian stock market: 8 key things that changed for market overnight – Gift Nifty, CPI inflation to Reliance Q2 results

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, CPI inflation to Reliance Q2 results

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat on Tuesday amid largely positive global cues. Asian markets traded mixed, while the US stock market ended higher overnight, with the Dow Jones ending above the 43,000 mark for the first time and S&P 500 also posting record … Read more