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Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
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Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline
Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.
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Sensex Rebounds Nearly 300 Points On Global Recovery, Nifty Settles Above 10,500
Sensex and Nifty moved higher on Monday after last week's rebound on Wall Street. Sentiment in the domestic market stabilised after equities in the other Asian markets found a semblance of calm as S&P futures extended their bounce, though global investors were still fretting about the risks from looming US inflation data after last week's sharp sel...
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Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
-
Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline
Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.
-
Sensex Rebounds Nearly 300 Points On Global Recovery, Nifty Settles Above 10,500
Sensex and Nifty moved higher on Monday after last week's rebound on Wall Street. Sentiment in the domestic market stabilised after equities in the other Asian markets found a semblance of calm as S&P futures extended their bounce, though global investors were still fretting about the risks from looming US inflation data after last week's sharp sel...
