Oil prices rose slightly on Friday due to increased US economic pressure on Venezuelan oil supplies and after the African nation’s authorities, in conjunction with the US, conducted airstrikes against Islamic State militants in Nigeria’s Sokoto state. However, oil prices are headed for their steepest annual decline since 2020, as investors weigh US economic growth…
According to data from the Petroleum Planning and Analysis Cell (PPAC), India’s petroleum product exports decreased 8.6% year over year to $23.2 billion between April and October of FY26 from $25.4 billion during the same period the previous year. But in terms of volume, exports stayed mostly steady at 37 million tons over that time….
In April, India exported 4.2 million tonnes of petroleum products, a 12.5% decrease in volume terms from 4.8 million tonnes in April 2024, according to data from the Petroleum Planning and Analysis Cell. High-speed diesel (HSD) and aviation turbine fuel (ATF) exports had the biggest impact on the drop in petroleum product exports last month….
Due to increased demand for safe-haven assets amid rising geopolitical tensions and worries about inflation threats, silver prices increased by 0.56% Wednesday, closing at 75650. Before the U.S. elections, investors sought solace in silver due to rising prices and inflation, which complicated the Federal Reserve’s ability to manage economic stability through policy actions. Economic data,…
