Oil prices declined sharply as the U.S. dollar strengthened against major currencies, reducing purchasing power for non-dollar buyers. Analysts note that the price movement could ease global inflation pressures in the short term.
However, energy demand from Asia remains strong, suggesting potential volatility in the coming months as supply and demand adjust.
Rupee Extends and Loses Streak in the Early Trade In the Indian market, the Indian rupee was able to continue its long downtrend on Tuesday ….
Monetary Policy Remains Cautious The central bank has decided to maintain current interest rates citing balanced inflation forecasts. Officials emphasized continued support for economic stability ….
Energy Market Adjusts to Supply Levels Oil prices ….
The world’s richest entrepreneur Elon Musk has once ….
US president Donald Trump and Ukrainian President Volodymyr ….
