
Crude oil prices tanked sharply last week. All the gains it amassed around 1st April when OPEC+ has unexpectedly decided…
The steady supply comes even as the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, surprisingly…
The NYMEX WTI Crude Oil and Natural Gas (Henry Hub) contracts are amongst the world’s most traded commodity derivatives contracts.
The rally happened as China opened its borders and IEA as well as OPEC+ in January report stated that global…
Global oil demand is set to rise by 1.9 million bpd in 2023, to a record 101.7 million bpd, with…
Crude prices average likely to top the previous high of 100.6 mb/d set in 2019. However, prices may not sustain…
Crude has resistance around 6700 as previous peak was around that level before correcting till 6000. Any dip around 6500…
Crude oil price is expected to test $100 in 2023 and could touch as high as $90 on the back…
Russia’s crude production is set to fall sharply in the coming year, noting that the key unknown is whether Russia…
Russia supplied 935,556 barrels per day (bpd) of crude oil to India in October — the highest ever.
The government on Tuesday cut windfall tax on the export of locally produced crude oil to Rs 9,500 per tonne…
Oil looks bullish on a positional basis and that might put a floor under prices, thus we don’t expect the…
Oil prices are likely to remain about an average $60 per barrel through 2024. Market believes that the peak oil…
Stagnant oil production in US, nearing end to SPR sales in October and OPEC+ output cut from November will lead…
Gaurav Moda, partner, energy at E&Y, said since trucks carry majority of goods across the country, the rise in diesel…
At present, the Centre’s taxes on petrol and diesel are Rs 27.9/litre and Rs 21.8/litre respectively.
The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and…
The rise in fuel price impacts supply chain and logistics cost of raw materials for the real estate sector, leading…