After infusing a staggering amount in Indian equities in the past three months, the pace of inflow from foreign investors ebbed in August with a net investment of Rs 10,689 crore on higher crude oil prices and resurfacing of inflation risks. Further, markets could remain volatile in the coming week due to macroeconomic uncertainty and […]
Day: April 27, 2023
Oil prices flat as rates anxiety, China gloom offset tighter supplyOil prices flat as rates anxiety, China gloom offset tighter supply
Oil prices were steady on Monday with Brent staying above $80 a barrel, as investors balanced tightening supply driven by OPEC+ cuts with nagging concerns about global demand growth amid high interest rates. Brent crude dipped 8 cents to $84.72 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $81.28 a […]