18 May, EOD - Indian

SENSEX 74005.94 (0.12)

Nifty 50 22502 (0.16)

Nifty Bank 48199.5 (0.17)

Nifty IT 33438.75 (0.17)

Nifty Midcap 100 51869.25 (0.51)

Nifty Next 50 67657 (0.82)

Nifty Pharma 19108 (0.67)

Nifty Smallcap 100 17009.6 (0.82)

18 May, EOD - Global

NIKKEI 225 38787.38 (-0.34)

HANG SENG 19553.61 (0.91)

DOW JONES 40003.59 (0.34)

S&P 5303.27 (0.12)

Commodity Mid Session News

You are Here : Home > Markets > News > Commodity Mid Session News

(06 Feb 2024, 13:02)

WTI Crude Futures Rise to $73 Amid Middle East Tensions


WTI crude futures climbed to approximately $73 per barrel, bolstered by concerns over escalating tensions in the Middle East, which could disrupt oil supply. US strikes on Iran-backed militias over the weekend heightened apprehensions, although US officials stressed a lack of intent for wider conflict. Despite last week's heavy losses driven by reduced supply risks amid Israel-Hamas ceasefire talks, oil prices remain buoyed, supported by fading expectations of immediate US Federal Reserve interest rate cuts and ongoing worries about China's economic recovery.

More News