US Equity Futures Climb as Crude Oil Price Dips: Markets Wrap
US stock futures advanced and crude oil retreated as traders weighed the latest geopolitical developments over Iran and looked ahead to a string of central bank rate decisions this week.
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US stock futures advanced and crude oil retreated as traders weighed the latest geopolitical developments over Iran and looked ahead to a string of central bank rate decisions this week.
Oil edged lower from a six-month high, even as US President Donald Trump signaled he was prepared to resume attacks on Iran.
With the latest withdrawals, cumulative FPI outflows from Indian equities in 2026 have reached โน3.08 lakh crore, substantially exceeding the โน1.66 lakh crore withdrawn during the entire year 2025, the data showed
Nigerian oil, in the Bonny Light grade, was put near US$115 a barrel on Saturday 24 October as ship attacks near Hormuz surged, Nairametrics reported. The post Nigerian Oil Near US$115 on Hormuz Attacks appeared first on The Rio Times.
Oil climbed on Friday, with Brent settling at US$116.72, up 3.1%, and WTI up 3.8%, lifting Petrobras, YPF and Ecopetrol in New York. The post Brent Crude Settles at US$116.72, Up 3.1% | Oil, Oct 23 appeared first on The Rio Times.
Vikas Kaushal, Chairman and Managing Director (CMD) informed the state-owned OMC is procuring more on landed basis than on FOB basis and term contracts
The US will turn some "dark fleet" oil tankers into legitimate ships that can legally carry crude, says Energy Secretary Chris Wright. He says investors will refurbish some ships and have them carry non-sanctioned oil. He speaks to Bloomberg's Annmarie Hordern at a Citadel Securities event in New York. (Source: Bloomberg)
There has been a huge popular success for the IPO of the Dangote Refinery now ending on October 27th, 2026, after a 2-week extension. With the escalation of the conflict in the Middle East, the closure of the Strait of Hormuz has caused a surge in global crude prices and, in turn, supply shortages โ pushing African and European countries to turn in mass to the Dangote refinery. The leading African producer of crude oil seeks to transform its status to a regional hub for refining and petrochemicals. FRANCE 24's Chinwe Ossundu reports.
ADNOC supplied more than 500,000 barrels of crude a day to India in 2025, โalmost one in ten barrels of [Indiaโs] crude importsโ. The company is exploring opportunities with ISPRL to expand storage of crude oil, LNG and LPG, including strategic reserves