Attacks on Energy Infrastructure Could Lead to Much Higher Prices
Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end. Source link
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Bse: Stock market today: Which are the top 10 losers on NSE & BSE on March 19? Check list as one Nifty stock bucks trend
Benchmark equity indices Sensex and Nifty suffered a sharp sell-off on Thursday, with both plunging more than 3 per cent as surging crude oil prices, weak global cues and escalating attacks on energy infrastructure in West Asia triggered a broad-based market rout. The fall was especially severe in financials, autos and industrials, while ONGC stood…
The Unexpected Impacts of High Oil Prices
new video loaded: The Unexpected Impacts of High Oil Prices Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel. By Ben Casselman, Sutton Raphael, James Surdam,…
India Energy Data National Security: Gulf crisis: Government classifies energy data as national security matter; seeks real-time updates across oil, gas sector
The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the government moves to tighten oversight of supplies disrupted by the ongoing Middle East war.The oil ministry has issued the Petroleum and Natural Gas (Furnishing…
The Markets Contend with Powell’s Long Goodbye at the Fed
The chair of the Federal Reserve said that he might not leave the central bank any time soon, setting up a potential clash with President Trump. Source link
Oil prices today: Crude climbs to $112 as Middle East energy hubs come under attack amid Iran war
Global oil prices surged and equity markets weakened on Thursday after fresh strikes on energy infrastructure in Iran and in retaliation Islamic Republic escalating threats to key facilities across the Gulf raised concerns over supply disruptions.Natural gas prices increased by more than 5%, while Brent crude rose to $111.19 in early trading and extended its…
Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East. Source link
Gold Price Today: Gold price today: Yellow metal plunges over Rs 3,600; check 24K, 22K city-wise rates in Delhi, Mumbai, Pune and more
Gold prices witnessed a sharp fall in futures trade on Thursday, tracking weak global cues and a stronger US dollar. According to PTI, gold contracts for April delivery on the Multi Commodity Exchange dropped by Rs 3,616, or 2.36 per cent, to Rs 1,49,409 per 10 grams in a turnover of 7,387 lots.Analysts said the…
Sorry, Mom. You’re Chatting With an A.I. Agent, Not Your Son.
Silicon Valley’s young coders are getting creative with this new technology. They also worry they’re not spending enough time with it. Source link
Energy markets explode: Crude hits $114, gas jumps 35% after Iran targets Gulf fuel sites
Global oil and natural gas prices surged sharply on Thursday after Iran launched fresh strikes on key energy infrastructure across the Gulf, including Qatar’s main liquefied natural gas (LNG) facility, raising concerns over prolonged supply disruptions.Brent crude, the international benchmark, climbed close to $114 per barrel, up from below $73 on the eve of the…