
OPEC+ producers’ decision on production cuts and Saudi Arabia’s voluntary reduction have created volatility in crude oil markets, intensifying the…
Crude oil prices have tanked 10% since the start of the year, as OPEC+ becomes the de facto leader of…
Crude oil sentiment improves despite falling US inventory and tightening OPEC production.
Crude oil prices are correcting on recession-based fears. The recent rally of about 6-85 was expected based on past trends,…
Brent crude futures rose by 36 cents, or 0.5%, to $75.34 a barrel by 0051 GMT. U.S. crude futures gained…
Brent crude price was down 31 cents, or 0.4%, at $76.70 and U.S. West Texas Intermediate (WTI) crude lost 23…
Crude oil prices tanked sharply last week. All the gains it amassed around 1st April when OPEC+ has unexpectedly decided…
Brent futures fell 76 cents, or 1.1%, to $71.57 a barrel by 0002 GMT. The global benchmark on Wednesday posted…
Avoid and exit all long positions below Rs 6000/bbl, as the trend for crude oil prices still remains bearish.
Brent crude futures gained 13 cents, or 0.2%, to $85.25 a barrel by 2356 GMT, while U.S. West Texas Intermediate…
The Cabinet also approved a floor price of $4 per (Rs 327) metric million British thermal unit (mmBtu) and a…
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 were unchanged at $78.28 a barrel at 0020 GMT. West Texas Intermediate U.S. crude fell 6 cents,…
For 2024, Goldman analysts see Brent crude at $97 per barrel. Recession fears because of banking turmoil have already taken…
If we have another banking crisis, then the price of crude may continue to fall; otherwise, we may see the…
We are neutral in crude at the moment as higher demand from China is not anticipated immediately.
Crude oil also got a boost after stronger than expected Chinese PMI came this week which showed that demand for…