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Brent crude trades at 81 dollars and 76 cents per barrel

November 24, 2023 5:48 PM

Brent crude trades at 81 dollars and 76 cents per barrel

Oil prices were steady today. In intra-day trade, Brent crude was trading at 81 dollars and 76 cents per barrel, while U.S. West Texas Intermediate crude was trading at 76 dollars and 79 cents per barrel when reports last came in.

Oil prices drop 1% as OPEC meeting postponement raises output cut doubts

November 23, 2023 6:09 PM

Oil prices drop 1% as OPEC meeting postponement raises output cut doubts

Oil prices dipped around one percent on Thursday, extending losses after the postponement of an OPEC meeting stoked expectations that the group might not deepen output cuts next year. In intra-day trade, Brent crude was trading at 81 dollars and 14 cents per barrel, while U.S. West Texas Intermediat...

Gold prices rise in Indian markets

November 23, 2023 6:04 PM

Gold prices rise in Indian markets

Gold was trading up at Multi Commodity Exchange for December contracts on Thursday. The precious metal was up by 39 rupees to trade at 61,063 rupees per ten grams. Silver futures for December contracts were also up 48 rupees to trade at 72,874 rupees per kilogram when reports last came in. In the gl...

U.S. stocks close higher on Fed optimism and economic resilience

November 23, 2023 6:03 PM

U.S. stocks close higher on Fed optimism and economic resilience

U.S. stocks ended higher on Wednesday, on optimism that the Federal Reserve may be done raising interest rates and that the economy is still resilient. The Dow Jones Industrial Average rose 0.53 percent, the Nasdaq Composite Index added 0.49 percent and the S&P 500 gained 0.44 percent.

Indian rupee closes at 83.34 against US dollar

November 23, 2023 5:30 PM

Indian rupee closes at 83.34 against US dollar

In the forex market, the Indian rupee closed at 83 rupees and 34 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was down 0.34 percent to trade at 103.62 in intra-day trade.

U.S. stocks retreated as S&P 500 and Nasdaq end five-session winning streaks

November 22, 2023 5:22 PM

U.S. stocks retreated as S&P 500 and Nasdaq end five-session winning streaks

U.S. stocks retreated on Wednesday, with the S&P 500 and Nasdaq snapping five-session winning streaks as retailers declined after some disappointing outlook. The Dow Jones Industrial Average fell 0.2 percent, the S&P 500 slipped by 0.2 percent and the Nasdaq Composite declined 0.7 pe...

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