Oil Prices Rise On Hope As China Started Reopening
Oil prices surged on Wednesday as the market was optimistic about the fuel demand since China continues to ease its COVID-19 restrictions. Brent futures for February delivery rose 31 cents to $84.64 a barrel, a 0.4% gain, by 0117 GMT. Besides, US crude advanced 22 cents or 0.3%, to $79.75 per barrel. Both standard prices…
Roopa
Russia Is Cutting India’s Natural-gas Supply, What’s Next?Â
It is getting harder for India to source natural gas as Russia has slowed down the supply since the Ukraine invasion. Europe is drawing away much of the global natural gas supply to its shores. “Contrary to widespread alarmism over the adverse impact of the Russia-Ukraine war on global commodity prices, the importance of commodity…
Russia-Ukraine War| Impacts On Global Stock Markets
The Russia-Ukraine cold war has almost turned into World War III. The conflicts between the two countries are increasing and affecting the whole world, including the stock market. World markets were set for another confused week after the Western Nations announced a harsh set of sanctions to punish Russia for its decision to invade Ukraine…
John David
Russia Declares War: Its Impact On Indian Market
On Thursday, Indian markets plummeted as Russian President Vladimir Putin ordered military action in Ukraine. Massive explosions were heard in the Ukrainian city of Kyiv shortly after the declaration. Sanctions were imposed on Russia by the US, and other western nations had little effect on Putin’s decision to declare war. The Russia-Ukraine confrontation has been…