Oil steadies as investors await U.S. Fed Reserve comments

February 22, 2023

Expectations of tighter global supplies and rising demand from China have recently lent support to oil prices. Analysts expect China’s oil imports to hit a record high in 2023 to meet increased demand for transportation fuel and as new refineries come on stream.

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Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead

Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend

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Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?

Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII

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