oil prices

Sensex: Bulls lassoed after intraday charge to peaks

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Mumbai: Indian stocks tumbled on Wednesday after hitting all-time highs in early trade as concerns over an overbought market after the recent, near one-way run up and renewed Covid fears prompted traders to cut some of their bullish bets. The BSE Sensex fell 1.30% or 930.88 points to close at 70,506.31. The Nifty 50 declined … Read more

brent crude rate: Oil prices remain under pressure on softening demand and oversupply worries

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Crude oil witnessed a steep fall on demand worries and concerns over surplus supply. Prices remained averse after an underwhelming production cut initiated by OPEC plus countries in its latest meeting which ended on November 30. The US benchmark, NYMEX futures, slipped below $70 a barrel last week while its Asian counterpart, Brent crude, traded … Read more