The State Bank of India (SBI) has reported that Foreign Portfolio Investors (FPIs) have had a significant impact on key sectors such as financial services, oil & gas, and automobiles due to continued selling pressure.In the first half of October, there were considerable outflows, which marked a sharp reversal from previous trends. The financial services […]
The price of Crude Oil has reached a new high for a long time (since Nov 2022). We had a long position on Crude June 2023 which we also posted it here which hit the profit target and now there is a new analysis on Crude Oil price which can impact all oil products in […]
NEW DELHI/LONDON (Reuters) -Indian refiners and at least one European refiner are re-evaluating their crude purchases to make room for Iranian oil in the second half of this year, anticipating that U.S. sanctions will be lifted, company officials and trading sources said. Former U.S. President Trump abandoned the 2015 Iran nuclear deal and reimposed sanctions […]
A week ago’s assaults on two tankers in the Gulf of Oman have tightened up strain in the Middle East. Lloyd’s List has detailed a ten times ascend in war hazard marine rates for tankers. Iran has expanded its creation of improved uranium and says that on June 27 it will rupture as far as […]
