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Oil extended gains as markets priced the supply impact of recently announced sanctions against Russia's energy market. Oil prices jump to 5-month high over increasing worries of supply crunch ...
(Reuters) -Wipro's shares surged about 8% on Monday, set for their best day in nearly four years, after India's No. 4 IT services company joined its peers in signaling a revival in demand. The ...
For January-March, Wipro forecasts its revenue growth would be -1% to 1% quarter-on-quarter. The company's order wins stood at $3.5 billion in the December quarter, as opposed to $3.79 billion a ...
Traders believed supply was too high and Chinese imports fell due to high inventories and negative economic news. [44] Despite a fall in prices due to negative economic news leading to expectations of lower demand, oil rose the next week for the first time in two months, with Brent finishing at $76.55 and WTI at $71.43.
Recession fears, lower demand for gasoline due to high prices, and an unexpectedly large increases in U.S. inventories sent oil prices down more than 2 percent on August 4. Brent finished the day at $94.12 and WTI at $88,54, in both cases the lowest since February. Also, the previous day OPEC and others vowed to increase production in September ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
On Tuesday oil alliance OPEC maintained its prior forecast for global oil demand to grow by 2.2 million barrels per day in 2024. In March OPEC+ extended output cuts of 2.2 million per day into the ...
Wipro said it expects an increase in digital-oriented and other strategic deals. BENGALURU (Reuters) -Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after ...