Top executives dropped from world oil event schedule after Riyadh airport attacks That airport has been attacked four times in the last week The Independent UK · Oct 12
Middle East Tensions Remain High At Start Of Week. Brent Is Likely To Stay Above $100 A Barrel. The weekend saw attacks on shipping in Hormuz and airports in Saudi Arabia, which are likely to keep oil prices high. International Business Times · Oct 12
What High Capacity Deep Fryers Do For Kitchens Running a busy commercial restaurant kitchen requires efficient and reliable cooking equipment. Slow ticket times frustrate hungry customers and severely damage your restaurant's local dining reputation. inkl · Oct 12
Global Market: Goldman Sachs raises December Brent oil price forecast to $90 on supply risks Goldman Sachs has raised its December 2026 Brent crude price forecast to $90 per barrel, citing supply risks in the Middle East. While 2027 averages remain at $80, severe Gulf production cuts could drive prices to $125, even as potential Russian exports keep near-term market sentiment volatile. The Economic Times · Oct 12
Cheap Venezuelan crude could add up to Rs 12,600 crore to RIL’s EBITDA. What investors should know Reliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar complex. YES Securities estimates that every $1-a-barrel expansion in blended gross refining margins could generate around Rs 4,200 crore in annualised EBITDA. However, regulatory uncertainty, crude discounts and refinery utilisation will… The Economic Times · Oct 12
Oil prices fall after Trump announces ‘Ukraine-Russia energy ceasefire’ IN FULL The Independent UK · Oct 12
India’s 10-year bond yield hits 3-year high as RBI’s liquidity measure weighs on demand Indian government bonds extended losses on Monday, pushing the benchmark 10-year yield to a three-year high as the RBI’s latest liquidity-tightening measures added to selling pressure. Tighter banking-system liquidity can curb banks’ capacity to invest in government securities, weakening bond demand and pushing prices lower and yields higher. The Economic Times · Oct 12
The IEA wants to empty its oil reserves faster. A federal watchdog says the U.S. isn’t ready for what comes next The IEA is racing to finish its record 400-million-barrel release as diesel prices spike. Meanwhile, a federal watchdog warns the U.S. Strategic Petroleum Reserve is aging, shrinking, and operating without a target size. Fortune · Oct 12
Zelenskyy says ‘increasingly clear’ Russia does not want energy ceasefire after strikes on energy facilities – as it happened Zelenskyy had proposed a 60-day total ceasefire to allow Ukraine to hold presidential elections The Guardian - AU · Oct 12
Gold prices fall Rs 1,450/10g; silver down Rs 1,400/kg despite a soft dollar ahead of US economic data. Time to sell? Gold and silver prices opened lower on MCX despite a weaker US dollar and falling oil prices, as investors awaited US inflation data for clues on the Federal Reserve’s next policy move. Analysts recommend buying on dips while monitoring key support levels. The Economic Times · Oct 12
Trump turns the screws on Kyiv as EU budget talks hit a wall Good morning. It’s Monday. I’m Mared Gwyn. Today: Europe braces as Trump turns up the heat on Zelenskyy, and Ireland’s EU budget compromise falls dead on arrival. Euronews · Oct 12
Russia targets Ukraine energy facilities despite Trump ceasefire announcement Russia continued to attack multiple power plants in Ukraine on Monday, in spite of claims by US President Donald yesterday stating a so-called “energy ceasefire” had been agreed to. NATO chief said that the military alliance would “block, blunt and break” any Russian attack on its members’ territory. Meanwhile strikes… France 24 · Oct 12
India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurts On Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% 2036 bond yield rose to its highest level in three years. The Reserve Bank of India announced it would sell 250 billion rupees of bonds to tighten liquidity. Meanwhile, the benchmark… The Economic Times · Oct 12
Crude oil, rupee & interest rates: Is the macroeconomic squeeze spreading to equities? Indian equities are currently facing significant challenges, including the impact of elevated crude oil prices and currency depreciation. Analysts highlight that these factors are leading to inflationary pressures and potential monetary tightening. While foreign investor outflows are also affecting market sentiment, some analysts believe that corporate earnings may stabilize the… The Economic Times · Oct 12
The Independent UK · Oct 12 ‘When I started cooking, there wasn’t even an avocado’: Mary Berry on marriage, modern eating and the secret to stress-free cooking From a time when avocados were unheard of to an age of one-pot dinners, Mary Berry has seen British cooking transformed. The 91-year-old tells Lauren Taylor about 60 years of marriage, how her own eating habits have changed and why good home cooking needn’t be complicated
The Economic Times · Oct 12 Sensex falls 500 points, Nifty below 22,400. What can trigger a sharp rally on Dalal Street? The Indian stock market has encountered a setback following a brief recovery, influenced by external dynamics and investor sentiment. Both the Sensex and Nifty experienced declines, yet certain broader market indicators revealed upward trends. Analysts highlighted that elevating crude oil rates and US bond yields were pivotal in shaping market…
The Independent UK · Oct 12 Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia Asian shares are mixed and oil prices have fallen about $1.50 a barrel as U.S. President Donald Trump's plan to purchase diesel from Russia draws criticism from some lawmakers
The Economic Times · Oct 12 Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last? The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed to stabilize demand from oil companies and curb speculative trading. The RBI implemented restrictions on foreign exchange derivatives and increased cash reserves for banks. Despite this temporary relief, the…
Euronews · Oct 12 Oil prices drop as stocks rise after Trump touts 'energy ceasefire' Most stock markets rose early Monday as oil prices fell after Donald Trump announced an "energy ceasefire" between Russia and Ukraine, which offset a fresh wave of Houthi attacks on Saudi Arabia.
The Economic Times · Oct 12 Dollar stays near 18-month high as Mideast conflict, inflation data in focus The dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor confidence. Fluctuations in oil prices continue as conflict in Saudi Arabia disrupts infrastructure, paired with controversial ceasefire news. Investors focus on the looming US consumer price index report, which will influence…
The Economic Times · Oct 12 Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s why Brent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a barrel.
The Economic Times · Oct 12 Indian central bank curbs to temper corporate rush to hedge against rupee weakness In response to the climbing oil prices and a declining rupee, the Reserve Bank of India has initiated fresh strategies aimed at economic stabilization. These measures involve hiking hedging expenses and curtailing speculative maneuvers among firms. Over the weekend, foreign banks adapted to these reforms to better serve their clients.…
AAP · Oct 12 Australian shares advance as banks, miners rally Investor confidence is creeping back into local equities despite a slew of market headwinds which have kept the local bourse range-bound for a month.
The Economic Times · Oct 12 Global Market Today: Asian shares cautious as earnings loom Trade was thin with Japan markets shut and the US on a partial holiday ahead of the earnings season with major US banks kicking off on Tuesday.
The Economic Times · Oct 12 D-Street poised for positive start as GIFT Nifty signals gains On Friday, markets experienced a moment of reprieve as the Nifty index surged by 1.3%, buoyed by support from the IT sector. However, analysts anticipate that Indian stocks will tread carefully due to prevailing global economic uncertainties. Despite a decrease in the India VIX, suggesting lesser market anxiety, the actions…