
Brent crude futures climbed 34 cents, or 0.39%, to $86.43 per barrel by 0347 GMT.
In a sign of market tightness, U.S. crude futures have flipped into backwardation, with the front month contract trading 6…
Investors were awaiting a slate of reports on inflation, oil demand and supply due this week that could give the…
As bullish bets on silver increase, gold and crude oil prices extend their respective rallies. However, base metal prices are…
The steady supply comes even as the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, surprisingly…
Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries,…
In FY23 till January 2023, oil imports from Russia stood at 38 million tonne (mt), which is 20% of India’s…
West Texas Intermediate U.S. crude was down 14 cents to $80.47 a barrel at 2241 GMT. On Wednesday, Brent crude…
Helping boost oil prices was an industry report showing that U.S. crude stocks fell by about 4.3 million barrels in…
In the past year, soaring energy prices and Russia’s invasion of Ukraine have been accelerants and a curse for the…
The government cut the windfall gains tax on domestically produced crude oil to zero on Tuesday.
Brent crude futures fell 2 cents to $84.91 a barrel by 0029 GMT. U.S. West Texas Intermediate (WTI) crude futures…
While gains in auto, capital goods and banking and financials shares supported the uptrend, selling in IT, FMCG and metal…
Brent crude hit the highest in nearly a month at the open, trading at $84.95 a barrel by 0039 GMT,…
One of the reasons why crude oil was not able to sustain at higher levels was absence of expected cut…
Brent futures, which have risen nearly 6% this week, were up 15 cents, or 0.19%, at $79.42 a barrel at…
Brent crude futures rose 42 cents, or 0.5%, to $79.07 a barrel at 0046 GMT. West Texas Intermediate U.S. crude…
Prices rose in the previous session after Turkey stopped pumping crude from Kurdistan via a pipeline following an arbitration decision…