[ad_1] India’s crude oil imports from the US rose 67% on month to 244,000 barrels a day in March 2025, a sign that US President Donald Trump’s insistence on buying American oil is working. In February, India had imported 146,000 barrels per day of US crude oil. At the same time, India increased its oil […]
Lower crude oil prices continue to drive upgrades for HPCL, IOC: Check latest price targets – CNBC TV18
[ad_1] Benign valuations, lower crude prices, and stronger Gross Refining Margins (GRMs) will fuel a rally in state-run oil marketing companies (OMCs), with stocks having the potential to rise by as much as 50%. Brokerage firm Avendus Spark has upgraded Indian Oil Corporation (IOC) Ltd., the country’s largest state-run downstream oil refiner to ‘Buy’ rating. […]
Global markets update: Despite Nvidia and Tesla sliding, S&P 500 clocks two straight weekly gains – CNBC TV18
[ad_1] 1 / 6 On Friday, US benchmark stock index S&P500 slid from a record high it hit on Thursday but clocked its second straight weekly gain as global markets priced in near-certain interest rate cuts in February and lower odds of Donald Trump imposing tariffs on China. The gains stood at 1.7% for the […]
Oil advances on rising geopolitical tensions from Iran, Russia – CNBC TV18
[ad_1] Oil rose as geopolitical tensions from Russia to Iran ratcheted higher while strength in equity markets increased the appeal of risk assets. West Texas Intermediate climbed more than 1% to settle above $71 a barrel, an increase of more than 6% for the week, while Brent settled above $75 for the first time since […]
2025 is likely to be one of the worst years for China – CNBC TV18
[ad_1] China, long a global economic powerhouse, is facing a period of slowed growth, with key financial institutions forecasting a tough year ahead. The real gross domestic growth (GDP) in the world’s second-largest economy is expected to grow at the slowest pace since 1990, with the exception of the pandemic period between 2020 and 2022 […]