Mumbai, May 27 (IANS) Domestic equity markets traded on a muted note in early deals on Wednesday amid mixed global cues and a decline in crude oil prices.Sensex was trading at 76,050, up 40 points or 0.05 per cent in the morning session, while Nifty rose 20 points or 0.08 per cent to 23,932. Earlier, the benchmark indices opened at 75,939.86 and 23,880.35, respectively.Among sectoral indices, Nifty Metal emerged as the top gainer, climbing 1.59 per cent, followed by Nifty Cement, which advanced …
Latest US West Texas Intermediate (WTI) News & Updates
New Delhi, March 24 (IANS) Global crude oil prices jumped more than 4 per cent in early trade on Tuesday despite US President Donald Trump pausing planned strikes on Iran’s energy infrastructure.Brent crude rose to around $104 per barrel, up about 4 per cent, while US West Texas Intermediate (WTI) gained 4.39 per cent to $92 (as of 9:30 am).Between March 2 and March 23, crude prices surged up to 25 per cent, with Brent crude advancing 23.38 per cent to $95.92 from 77.74. The US WTI futures als…
New Delhi, March 23 (IANS) Analysts at Goldman Sachs have sharply raised their oil price forecasts for 2026, citing severe disruption to shipments through the Strait of Hormuz, which they described as the biggest supply shock ever to hit the global crude markets.The prominent investment bank has expected that Brent crude futures will average $85 per barrel in 2026, an increase of 10.38 per cent from its earlier estimate of $77.Similarly, US West Texas Intermediate (WTI) is projected at $79 per b…