Oil prices declined as investors considered U.S. fuel demand near the end of summer and potential crude supply shifts due to U.S. tariffs on Indian imports of Russian oil. Despite a drop in U.S. crude inventories, concerns about lower seasonal demand and technical resistance levels weighed on prices.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO