Crude oil prices plunge globally, impacting energy and inflation outlook

24 Jun 2026via News On AIRSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Crude oil prices plunge globally, dragging down inflation expectations. Futures for Brent crude fell 12% to $67 per barrel, the steepest weekly drop in months. This sharp decline could ease input costs for refiners and transportation, while boosting RBI's room for rate cuts. A sustained drop may positively impact CAD and forex reserves.

📊 STOCKS: | 🏢 SECTOR: Commodities | #HIGHIMPACT #CrudeOil

#CrudeOil#Inflation#Energy

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