Oil prices slip as dollar firm; a Trump win could be bearish in long term
Wednesday, 6 November 2024 () Oil prices slipped more than 1% on Wednesday as the dollar surged on bets that Republican Donald Trump could win the Presidential elections. However, the contest remains too close to call, according to reports. A stronger dollar makes commodities such as oil more expensive for overseas buyers. This limits demand and drags down prices. At […]
Amid the Russia-Ukraine conflict, India has adeptly managed its reliance on imported oil and urea through savvy diplomacy and fiscal measures. Russia now supplies over 20% of India’s oil, up from 2%..