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Indian benchmark indices, Sensex and Nifty, recorded their fourth consecutive day of losses, driven by relentless foreign institutional investor (FII) outflows, rising bond yields, and a significant surge in crude oil prices, impacting overall investor sentiment.
Pump pressure is mounting in Singapore, with Chinese state-owned Sinopec becoming the latest fuel retailer to raise petrol prices on Thursday (Oct 1).In a price board update posted at its stations on Thursday afternoon, Sinopec announced that it had raised prices across its petrol offerings — 95-octane, 95-octane and…
Brent crude futures rose $1.49, or 1.4%, to $106.77 a barrel. U.S. West Texas Intermediate crude gained $1.34, or 1.5%, to $93.94 a barrel.