Market News: Get Latest Share & Stock Market News and Updates

Oil Price Outlook: Major Producers to Keep Supplies Tight Amid Increase in US Output

Brent crude futures for November traded down 3 cents at $88.52 a barrel by 0648 GMT.

Sep 4, 2023

By Reuters

China's Evergrande Shares Plunge 87% as Trading Resumes in Hong Kong After 18 Months

Evergrande had applied to resume trading in Hong Kong as it would have faced delisting when the suspension breaches 18 months.

Aug 28, 2023

By Jacob J

EU Concerned Over Rising Petroleum Products Made of Russian Crude Entering European Markets

The EU executive vice president Valdis Dombrovskis said that oil products processed from Russian crude oil are reaching European markets in huge quantities.

Aug 27, 2023

By IANS

Who is Michael Burry? 'Big Short' Investor Predicts US Stock Market Crash

While the S&P 500 is up by around 15 percent in the year, the Nasdaq 100 has zoomed 37 percent so far this year. However, Burry believes that the market is in for a shock soon.

Aug 17, 2023

By Jacob J

Saudi Aramco Second Quarter Profit Plunges 38% Output Cuts Fail to Boost Crude Prices

In addition to lower crude prices, weaker refining and chemicals margins also pushed Aramco's profits down.

Aug 7, 2023

By Jacob J

Saudi Arabia and Kuwait Claim Full Rights to Huge Persian Gulf Gas Field After Iran Plans Drilling

Kuwait and Saudi Arabia said on Thursday they have the full rights to conduct gas exploration in the gas field, which is known as Arash in Iran and Dorra in Kuwait and Saudi Arabia.

Aug 3, 2023

By Jacob J

Nomura Holdings Reports Big Jump in Quarterly Profits, Boosted by Strong Japanese Stock Market

While concerns over tepid global economic growth had forced investment portfolio writedowns across Japan last year, Nomura was helped this year by a renewed investor interest in Japanese stocks.

Aug 1, 2023

By Jacob J

Shell Makes $5 Billion Profit in Q2; Climate Activists Stage Protest at London Headquarters

Shell, like other oil and gas majors, had hugely benefited last year from the bumper price surges in oil and gas in the aftermath of Russia's invasion of Ukraine.

Jul 27, 2023

By Jacob J

Global Food Inflation Set to Soar as India Bans Rice Export

India is a key player in the global grains market, and accounts for a whopping 40 percent of the global rice trade.

Jul 25, 2023

By Jacob J

What is 'Magnificent 7'? Worth of Seven Top Gun Stocks Zoom 60% to Hit Whopping $11 Trillion

The companies that lead the AI stock rally are Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Nvidia and Tesla.

Jul 10, 2023

By Jacob J

Artificial intelligence

Saudi Arabia, Russia Extend Oil Output Cuts to Boost Prices Amid Falling Demand

Monday's decision to enforce more cuts in August propped up crude oil prices.

Jul 4, 2023

By Jacob J

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

Opec Says Global Oil Demand Will Soar 23% by 2045 Despite the Rise of EV Industry

The Organization of the Petroleum Exporting Countries (OPEC) said on Monday that global oil demand is expected to zoom 23 percent by 2045 even as the global economy doubles in size.

Jun 27, 2023

By Jacob J

Oil Prices Rise as Concerns Over Russian Instability Roils Markets

Brent crude futures rose 95 cents, or 1.3%, to $74.80 a barrel by 2300 GMT on Sunday. U.S. West Texas Intermediate (WTI) crude was at $70.04 a barrel, up 88 cents, or 1.3%.

Jun 26, 2023

By Reuters

Oil Plunges 4% as Interest Rate Hikes Outweigh Lower US Oil Supplies

Brent futures settled down $2.98, or 3.9%, to $74.14 a barrel. U.S. West Texas Intermediate (WTI) crude futures were down $3.02, or 4.2%, at $69.51.

Jun 23, 2023

By Reuters

Will oil price stay higher after Opec-Russia output reduction?

Cracks Within Oil Cartel after Saudi Arabia Cuts Crude Output Further; Opec+ 'Hanging by a Thread'

Following the Saudi output cuts, US crude oil prices rose 2.4 percent to $73.47 per barrel and the Brent crude futures advanced 3 percent to $79 per barrel.

Jun 6, 2023

By Jacob J

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PICTURE THIS

5 Bangladeshis charged for financing terror attacks to appear in court

India's Myopic Trust in Bangladesh Needs a Critical Relook

By IBTimes SG Desk

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Market News: Get Latest Share & Stock Market News and Updates

Oil Price Outlook: Major Producers to Keep Supplies Tight Amid Increase in US Output

China's Evergrande Shares Plunge 87% as Trading Resumes in Hong Kong After 18 Months

EU Concerned Over Rising Petroleum Products Made of Russian Crude Entering European Markets

Who is Michael Burry? 'Big Short' Investor Predicts US Stock Market Crash

Saudi Aramco Second Quarter Profit Plunges 38% Output Cuts Fail to Boost Crude Prices

Saudi Arabia and Kuwait Claim Full Rights to Huge Persian Gulf Gas Field After Iran Plans Drilling

Nomura Holdings Reports Big Jump in Quarterly Profits, Boosted by Strong Japanese Stock Market

Shell Makes $5 Billion Profit in Q2; Climate Activists Stage Protest at London Headquarters

Global Food Inflation Set to Soar as India Bans Rice Export

What is 'Magnificent 7'? Worth of Seven Top Gun Stocks Zoom 60% to Hit Whopping $11 Trillion

Saudi Arabia, Russia Extend Oil Output Cuts to Boost Prices Amid Falling Demand

Opec Says Global Oil Demand Will Soar 23% by 2045 Despite the Rise of EV Industry

Oil Prices Rise as Concerns Over Russian Instability Roils Markets

Oil Plunges 4% as Interest Rate Hikes Outweigh Lower US Oil Supplies

Cracks Within Oil Cartel after Saudi Arabia Cuts Crude Output Further; Opec+ 'Hanging by a Thread'

India's Myopic Trust in Bangladesh Needs a Critical Relook

India's Myopic Trust in Bangladesh Needs a Critical Relook

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities