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Dated Brent’s 27 per cent correction from peak signals ease, but market’s relief may be misplaced
May crude oil futures were trading at ₹9,829 on MCX during the initial hour of trading on Friday, against the previous close of ₹9724, up 1.08%
May crude oil futures were trading at ₹9,829 on MCX during the initial hour of trading on Friday, against the previous close of ₹9724, up 1.08%
Synopsis: Oil hit $116 per barrel, up 85% this year, and could reach $150 amid the Hormuz crisis. India faces tough times with fuel prices jumping ₹26-30 per litre and ₹3 trillion...
Reports suggesting progress toward reopening the Strait of Hormuz, a critical global oil shipping route, eased fears of supply disruptions and triggered a sharp selloff in oil futu...
Reports suggesting progress toward reopening the Strait of Hormuz, a critical global oil shipping route, eased fears of supply disruptions and triggered a sharp selloff in oil futu...
Brent crude, the international standard, dropped 10.5% to $88.96 per barrel. Benchmark U.S. oil tumbled 10.8% to $81.38 per barrel.
(Oil Price) – The price of Canada’s synthetic crude, which has rich diesel yield for refiners, has surged by nearly 200% […]
The output marks a rise of around 70 per cent from last year's 705 barrels per day, as the state-run company steps up domestic production amid supply uncertainty due to tensions in...
The price of crude oil is settling at $96.57. That is down $-1.30 or -1.33% on the day.For the week, the price is down $-16 or -14.29%. The price is also below the 100 and 200 hour...
Breakout to guide trend
New Delhi, May 01: Global crude oil prices may touch 150 dollars a barrel within two weeks if the American blockade continues and Strait of Hormuz remains closed. Crude oil saw a s...
Crude oil futures are under sharp pressure today, with Light Crude Oil Futures trading near $91.79, down about 4.98%. The move matters not only for oil traders, but also for consum...
New data shows Nigeria export of 55.39 million barrels of crude oil underscores ongoing supply shortfalls.
Crude oil is settling at $94.81, down $0.27 or -0.28% on the day, after another volatile trading session driven by geopolitical headlines and shifting risk sentiment. Technically,...
As crude prices increase further, growth is projected to slow progressively. At $110 per barrel, growth could decline to 6.1 per cent, while at $120 per barrel, it could fall below...
• ExxonMobil briefs NUPRC on planned multi-billion-dollar FID • Says Bosi project may attract fresh $16bn capital Emmanuel Addeh in Abuja and Peter Uzoho in Lagos Goldman Sachs h...
FUNDAMENTAL OVERVIEWOil prices rose back to the weekly highs after Trump disappointed the market in today’s speech. Earlier in the week, crude oil came under pressure after Trump b...
State Refiners Largest Buyers Of Russian Fuel
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