Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in West Asia, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices.
On March 22, oil prices felt the brunt of the ceasefire possibility in Gaza, further pulled down by a stronger dollar and low U.S. Gasoline demand.
Regarding futu…
Read moreTBO Tek raised a total of Rs 1,550.81 crore from investors and opened its issue on May 08. The allotment of TBO Tek will be finalised on Monday, May 13. Here’s a step-by-step guide to check the allotment:
Step 1
Search Kfin Technologies on your search engine
Step 2
Open the website of Kfin Technologies…
Read moreBy Bhavik Patel
Crude oil prices saw decline on Thursday after Energy Information Administration’s report of an estimated inventory decline of 4.2 million barrels for the week to May 24, as fuel inventories rose.
Traders appear to be locked between expectations of softer demand and uncertainty about supply sufficiency. The virtual likelihood that OPEC+ wi…
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