Oil Prices Rise as Tight Supply Counters China COVID

SINGAPORE, June 14 Reuters Oil prices rose about 1 in volatile trade on Tuesday as tight global supplies outweighed worries that fuel demand would be hit by a possible recession and fresh COVID19 curbs in China. U.S. West Texas Intermediate WTI crude rose 96 cents, or 0.8 to 121.89 a barrel at 0634 GMT, while […]
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Indian Shares Fall over 2.5, Rupee Hits Fresh Low

BENGALURU, June 13 Reuters Indian shares sank more than 2.5 on Monday and the rupee hit an alltime low as growing fears of aggressive policy tightening by the U.S. Federal Reserve roiled investor sentiment in the runup to domestic inflation data. The NSE Nifty 50 index ended down 2.6 at 15,774.4, its lowest level since July […]
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