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Both WTI and Brent crude oil prices fell by $1 in the short term, currently trading at $100.24 per barrel and $105.4 per barrel respectively.

2026-05-06

Both WTI and Brent crude oil prices fell by $1 in the short term, currently trading at $100.24 per barrel and $105.4 per barrel respectively.

Other News
2026-05-06

The German DAX 30 index opened 278.73 points higher, or 1.14%, at 24,671.00 on Wednesday, May 6th. The UK FTSE 100 index opened 119.56 points higher, or 1.17%, at 10,338.67 on Wednesday, May 6th. The French CAC 40 index opened 69.34 points higher, or

The German DAX 30 index opened 278.73 points higher, or 1.14%, at 24,671.00 on Wednesday, May 6th. The UK FTSE 100 index opened 119.56 points higher, or 1.17%, at 10,338.67 on Wednesday, May 6th. The French CAC 40 index opened 69.34 points higher, or 0.86%, at 8,131.65 on Wednesday, May 6th. The Stoxx 50 index opened 51.33 points higher, or 0.87%, at 5920.96 on Wednesday, May 6th; the Spanish IBEX 35 index opened 179.31 points higher, or 1.01%, at 17847.01 on Wednesday, May 6th; and the Italian FTSE MIB index opened 466.00 points higher, or 0.96%, at 49023.50 on Wednesday, May 6th.
2026-05-06

Indian banks have been unable to import gold and silver for five weeks due to customs delays, tax uncertainty and administrative bottlenecks, traders said, disrupting supply in the world’s second-largest bullion market. Shipments have been stuck sinc

Indian banks have been unable to import gold and silver for five weeks due to customs delays, tax uncertainty and administrative bottlenecks, traders said, disrupting supply in the world’s second-largest bullion market. Shipments have been stuck since April 1, with delays linked to late approval of eligible importers and pending customs clearance orders. The halt has pushed domestic premiums above $20 an ounce and raised shortage risks as jewelers seek to restock after the Akshaya Tritiya festival. Imports have continued only via the India International Bullion Exchange, where volumes have surged, though the process is slower and ties up capital.
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