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Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, to $93 a barrel. Brent settled at $106.65 a barrel on Monday, its highest level since September 15. Oil prices have surged more than 70% this year as the US war on Iran rattled…
Indian equities closed lower on Monday as elevated crude oil prices, persistent foreign fund outflows and rising bond yields weighed on sentiment, offsetting the rupee’s sharp appreciation against the US dollar.The Nifty 50 fell 157.10 points, or 0.70 per cent, to close at 22,363.35, while the Sens…
Oil prices fell on Monday as expectations of additional Russian diesel supplies and a possible halt to attacks on energy facilities in the Russia-Ukraine conflict eased some concerns over supply. However, continued tensions in the Middle East kept Brent crude above $100 a barrel.