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Gold near one-week low, silver extends losses: Key factors behind the fall
Gold and silver prices fell due to a stronger US dollar, rising oil prices, and increased expectations of a September US Federal Reserve rate hike.
Crude oil prices jump 2% on escalating US-Iran war; Brent crude above $75 per barrel
US-Iran war: Brent crude, the global benchmark, for September delivery gained 1.9% to $75.53 per barrel.
Q1FY27 earnings preview: Will West Asia war dent India Inc.'s fortunes?
Here's what leading brokerages expect from India Inc. in Q1-FY27 and a deep dive into expectations across companies in the frontline sectors.
From Gift Nifty, US-Iran war to crude oil prices: 7 key things that changed for Indian stock market overnight - livemint.com
From Gift Nifty, US-Iran war to crude oil prices: 7 key things that changed for Indian stock market overnightlivemint.com
Asian shares steady, oil prices rise as US strikes Iran
South Korea's Kospi index was up 0.9%, while Japan's Nikkei index was flat but sharply off day's lows. The MSCI Asia Pacific index was steady after falling nearly 1% during open. S&P 500 futures were up0.1% while contracts for the Nasdaq 100 were up 0.3%.
Asian Markets Today: Nikkei, Kospi Decline As Middle East Tensions Escalate After Fresh US Strikes On Iran
Rising oil prices and renewed military action in the Gulf weighed on investor sentiment across the region.
US Strikes Iran After Hormuz Ship Attacks Amid Khamenei funeral, Revokes Sanction Waiver On Oil
Iranian state media reported explosions and injuries across Qeshm Island, Bandar Abbas and Sirik.
Oil Prices On July 8: Brent Crude Surges 3% To $76 As US Strikes Iran After Ship Attacks
Brent crude climbed as much as 2.8% to trade above $76 a barrel, while US benchmark West Texas Intermediate (WTI) rose above $72 a barrel.
Explained - Why Nasdaq fell over 500 points on Tuesday and underperformed the Dow
Crude oil prices jumped overnight, a first significant move on the upside since the signing of the ceasefire agreement between the US and Iran. Brent crude surged over 5% after three commercial vessels transiting the Strait of Hormuz were reportedly attacked by Iran.
City gas companies say government's 100k PNG connections-a-day target unviable
City gas distributors face government targets for household piped natural gas connections. Companies describe these ambitious goals as unrealistic due to infrastructure and capital constraints. The government aims to accelerate connections, which are currently at 9,000 daily. This push follows disruptions in LPG supplies, promoting domestic fuel sources. Industry executives cite execution bottlenecks and weak consumer demand as major challenges.
Near-zero E100 demand puts brakes on OMCs' E85 rollout
Oil companies are reluctant to expand E85 fuel stations due to poor demand. Nearly 400 pilot E100 outlets saw almost no fuel offtake. Flex-fuel vehicle sales must increase before infrastructure expansion occurs. Higher ethanol blends may damage engines in older vehicles. Low price difference and energy content hinder ethanol fuel adoption.
Russian Oil Gets Cheaper For India As Discounts Cross $10 Mark: Report
India has emerged as one of Russia's biggest energy customers.