Last Updated: Monday, August 31, 2015, 08:52
That came after Brent climbed 10 percent last week, while US crude finished the week up 12 percent.
Last Updated: Saturday, August 15, 2015, 17:44
Gold staged a resounding comeback from its multi-year low during the holiday-shortened trading week as jewellery traders and retailers ramped up demand ahead of the peak festival season.
Last Updated: Saturday, August 15, 2015, 09:37
The US industrial production rose for the second month in July, driven by surge in auto production, the Federal Reserve said.
Last Updated: Wednesday, August 5, 2015, 16:59
The dollar rose to its highest in more than three months on Wednesday after a Federal Reserve official said the central bank was close to raising interest rates, while solid European corporate earnings propelled stocks higher.
Last Updated: Tuesday, August 4, 2015, 15:55
The progress of monsoon, crude prices and the impact of US Fed rate action, going forward, will determine RBI's ability for more monetary easing, said global rating agency Moody's.
Last Updated: Thursday, July 30, 2015, 08:35
Spot gold was flat at $1,096.75 an ounce by 0036 GMT. It sank to as low as $1,077 last week, its weakest since February 2010.
Last Updated: Saturday, July 25, 2015, 09:16
The rate forecast was included with a series of bearish projections on U.S. economic growth and inflation that were presented to policymakers at their June 16-17 meeting.
Last Updated: Tuesday, July 14, 2015, 09:13
Greece won conditional agreement to receive a possible $95 billion over three years.
Last Updated: Sunday, July 12, 2015, 14:09
A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.
Last Updated: Friday, July 10, 2015, 23:50
Yellen, however, remained cautious, saying she still saw slack in the jobs market, which has been a key factor in how the Fed approaches its first rate hike since 2006.
Last Updated: Monday, June 8, 2015, 10:49
The International Monetary Fund`s deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the U.S. Federal Reserve`s pending interest rate hike.
Last Updated: Thursday, May 21, 2015, 09:57
Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the U.S. economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on Wednesday.
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