From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Crude oil prices fall as US midterm results raise hopes of end to West Asia war
What's behind this
Crude oil prices fell after US midterm results raised hopes of ending the West Asia war. Brent and WTI futures weakened alongside domestic contracts, and reports of recovering Persian Gulf exports added to the market’s supply outlook. Brent crude futures dived nearly 9% overnight, falling below $100 a barrel, and have dropped about 20% so far this week.
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left · 1 outlet
Brent crude futures dropped 1% to $93.5 per barrel, after an 8.7% slide in the previous session
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center · 2 outlets
MUMBAI: The rupee depreciated 9 paise to 94.55 against the US dollar in early trade on Thursday pressured by the broad strength of the American currency in the overseas market. Forex traders said a positive domestic market and softening of crude oil prices cushioned the downside. At the interbank…
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right · 3 outlets
Petrol and diesel prices varied across Indian cities on October 3, as global crude crossed $100 amid Middle East tensions, while state-run oil companies kept national average fuel rates largely stable.
— NDTV
RSS excerpt
Brent and WTI futures weakened alongside domestic contracts, while reports of recovering Persian Gulf exports added to the market’s supply outlook.
