Day: April 8, 2023

Oil prices ease on demand concerns, still headed for weekly gainOil prices ease on demand concerns, still headed for weekly gain

Oil prices fell for a second session on Friday, weighed down by lingering concerns over slower global demand, but were still headed for a second consecutive weekly gain amid expectations of tightening supplies. Brent crude futures slid 33 cents, or 0.4%, to $89.59 a barrel by 0050 GMT, while U.S. West Texas Intermediate crude (WTI) […]

India’s forex reserves decline $4.9 billion to $593.90 billionIndia’s forex reserves decline $4.9 billion to $593.90 billion

India’s forex reserves dropped by USD 4.992 billion to USD 593.904 billion for the week ended September 8, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty had jumped USD 4.039 billion to USD 598.897 billion. For the week ended September 8, the foreign currency assets, a major component […]