The Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the week to July 29. This compared with a draw of an almost identical size for the previous week. US crude oil inventories are at 426.6 million barrels, which is 7 percent below the five-year average for this time of the year. Gasoline inventories added a modest 200,000 barrels […]
The domestic equity benchmarks pared gains in the morning trade. The Nifty traded below the 17,450 mark. IT shares extended gains for the second consecutive trading session. At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 115.23 points or 0.20% to 58,465.76. The Nifty 50 index gained 34.65 points or 0.20% to 17,422.80. In the broader market, the S&P BSE Mid-Cap index […]
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