Oil prices climb on US crude stocks

World oil prices climbed on Wednesday as crude stocks in the United States dropped almost five per cent, the second largest weekly fall in a...

World oil prices climbed on Wednesday as crude stocks in the United States dropped almost five per cent, the second largest weekly fall in almost two decades. International benchmark Brent crude stood 19 cents higher at $29.20 a barrel in London trade by early afternoon.

Benchmark US crude rose to a peak at $31.05 a barrel, the second day in a row that oil has breached the $31 mark and just below the 19-month peak at $31.39 hit late last week. It was trading 11 cents up at $30.94.

‘Why weren’t TVK leaders told it wasn’t right day for a big event’: Cong MP Jothimani

Political Pulse4 hr ago

A stampede at TVK founder Vijay's rally in Karur led to the death of 40 people and injuries to many. Congress's Karur MP Jothimani identifies overcrowding, poor planning, and the timing of the event as possible causes. She recommends setting clear guidelines for political gatherings and consulting all parties to prevent similar tragedies.

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