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Oil stabilises as investors watch for Red Sea developments – Times of India

newsguru.info27 December 202303 mins

[ad_1] LONDON: Oil prices stabilised on Wednesday after the previous day’s strong gains as investors monitored Red Sea developments, with some major shippers resuming passage through the trade route despite continued attacks and broader Middle East tensions. Brent crude futures was down 17 cents, or 0.21%, at $80.90 a barrel by 09:40 (GMT). US West…

Business

Stock markets likely to remain range-bound in holiday-shortened week; may face volatility: Analysts – Times of India

newsguru.info24 December 202303 mins

[ad_1] NEW DELHI: Stock markets are likely to remain range-bound in this holiday-shortened week amid a lack of any major domestic triggers, analysts said.Stock indices may also face volatility during the week amid the monthly derivatives expiry on Thursday. Equity markets would remain closed on Monday for Christmas.“This week, as global cues remain sparse due…