The Indian rupee was Asia's second-best performing currency in October, appreciating nearly 1 percent against the US dollar, as Reserve Bank of India (RBI) measures to curb dollar demand and sustained intervention helped the currency recover from its record lows, said…
Rabobank’s Global Daily notes that Brent crude Oil dropped over 10% to $93 per barrel, slipping below $100 for the first time since October 7 after US election results that were largely priced in. Strategists Michael Every and Joe DeLaura argue that any US…
Oil prices rose as investors weighed the US midterm election results' impact on the US-Israeli war with Iran, with uncertainty surrounding future foreign policy and potential conflict escalation. LONDON: Brent crude futures rose on Thursday as investors weighed the future…
Brent oil edges higher in early Thursday’s trading after suffering heavy losses in past three days (only on Wednesday Brent lost over 9% of its value). Partial profit taking lifted the price from new multi-week low ($93.40) after a sharp fall was…
US crude inventories stood 4% below their five-year average, raising supply risks while continued drilling could offer upside if shortages emerge. Democrats won control of both chambers of Congress, and President Donald Trump acknowledged that the Iran war contributed to the…
Updated - November 05, 2026 05:19 pm IST - Mumbai The rupee settled on a flat note at 94.46 (provisional) against the U.S. dollar on Thursday (November 5, 2026), as the support from lower crude oil prices was negated by a firm greenback in overseas markets. Forex traders said…
Trade Flows and Inventories Confirm the Picture The oversupply call can be cross-checked through both import data and inventory levels. Global crude imports averaged 43 million bpd in September, up 500,000 bpd year-on-year, and climbed further to 44.9 million bpd in October, up…
JPMorgan estimated supply exceeded demand by 1.4 million barrels a day last month. Oil market shifts to surplus despite disruptions Global oil markets have shifted to a supply surplus, despite months of disruption caused by the war in the Middle East.
HOUSTON — Oil prices fell more than eight per cent to settle at their lowest in more than two months on Wednesday (Nov 4) after President Donald Trump's Republican Party lost control of Congress in midterm elections, as investors bet that the…
November 5, 2026 at 9:37 am Oil prices have fallen more than 19% since the end of last week as growing expectations of a potential US-Iran peace agreement trigger a sharp reversal in energy markets, with government bonds rallying as inflation concerns ease, according…
Brent and WTI crude prices and what moves them: OPEC+ output, the Iran war and the Strait of Hormuz, inventories and forecasts.
An article joins this feed when it matches these terms. Each one is also a search of its own.