Commodities & Forex News & Ground Dispatches
Stay informed with real-time reporting, investigative dispatches, and policy analysis from the DotMR Commodities & Forex desk.
Oil Prices Plunge Over $7 as Trump Signals Restraint on Iran Conflict
Brent crude futures fell over $7 a barrel following Trump's comments on Iran, marking the steepest weekly drop since the pandemic. The market reacts to geopolitical tensions.
Continuous Bureau Wire & Dispatches
Canadian Dollar Struggles as Oil Prices Decline Amid Job Market Concerns
The Canadian dollar struggles against G10 currencies as oil prices drop and jobless rates rise, affecting expectations for Bank of Canada rate hikes.
OALP Deepwater Bidding Deadline Extended to December 10 Amid Industry Uncertainty
The Directorate General of Hydrocarbons has extended the OALP deepwater bidding deadline to December 10, 2026, amid ongoing industry challenges and uncertainties.
Rupee Gains 5 Paise to Close at 93.93 Amid Foreign Inflows and Stable Crude
The Indian rupee appreciated by 5 paise to close at 93.93 against the U.S. dollar, driven by foreign inflows and stable crude oil prices, despite ongoing geopolitical tensions.
Dhanteras 2026: Gold Investment Surges 360% Over Decade, Analysts Advise Caution
Gold prices have surged 360% since Dhanteras 2016, with a ₹30,000 investment now worth ₹1.41 lakh. Analysts suggest cautious, staggered purchases for future gains.
US Treasury Yields Decline as Oil Prices Surge Amid Market Turmoil
US Treasury yields fell sharply amid rising oil prices and declining equities, as geopolitical tensions reshape market dynamics. Jobless claims also saw a notable decrease.