Crude oil futures traded lower on Friday morning after rising more than 5 percent on Thursday following the US government’s decision to impose sanctions on two major Russian oil companies. At 9:30 a.m. Friday, December Brent crude futures were at $65.69, down 0.45 percent, and December WTI (West Texas Intermediate) crude oil futures were at […]
The price for crude oil witnessed a sharp peak on Wednesday, relieved due to the expectations of a lower than expected production increase by the OPEC+ in October. The futures on crude oil in October rose by 1.4% and reached the highest point of the day of RS 5,554 per BBL. The oil prices also […]
Oil prices fell on Wednesday for the third day in a row when the production walk by Oliekartel OPEC+ weighed. Following prices in global raw material markets, the futures of crude oil decreased by 1.6% to reach the lowest point of the day of RS 5.481 per BBL. Around 5:15 pm Today, the Ruwe Oil […]
Stuck feelings were lifted for fear of oversupply that was further aggravated. The futures of crude oil in October traded on RS 5,669 per BBL, rises by RS 37 or 0.66% on the MCX. In international markets, US WTI crude oil fluctuated around $ 63.65 and won $ 0.24 or 0.38%, while Brent Crude traded […]
“Compliance from India to all international standards prevented a catastrophic $ 200 per barrel shock,” Puri said on Monday in a column in the Hindu newspaper. | Photocredit: Ani India refuted the American pressure to put an end to the import of crude oil from Russia, whereby the oil -minister Hardep Puri claimed that the […]
The prices of crude oil from Brent are expected to rise to $ 80 per barrel in the coming months, because the tensions between the United States and Russia are in danger of disrupting the global oil supply chain, emphasizing the oil market experts in conversation with Ani. The oil prices can be confronted with […]
Futures of crude oil were exchanged higher on Monday morning after the US and the European Union (EU) announced a trade agreement on Sunday. At 9.58 am on Monday October, the Futures of Brent Oil was $ 67.91, an increase by 0.37 percent and September crude oil -futures on WTI (West Texas Intermediate) was $ […]
The tweak in payment conditions comes after the European block has released its 18th package of sanctions on Friday Nayara Energy, an Indian refinery that is the Russian Rosneft to the Russian and newly punished by the European Union, has revised payment conditions to sell a stain NAFTA charging in a tender issued on Monday, […]
Global oil stocks increased in the first five months of 2025 and will continue to grow considerably during the prediction period, the American EIA noted. The prices of crude oil can slip under $ 60 per barrel by December 2025 as a combination of geopolitical tensions, trade policy shifts and supply dynamics is feeding volatility […]
At 10.00 am on Friday July, Brent Oil Futures was $ 64.66, an increase of 0.20%, and June crude oil Futures on WTI (West Texas Intermediate) was $ 61.74, an increase by 0.19% | Photocredit: Dado Ruvic Futures of crude oil were traded higher on Friday morning, despite concern about the oversupply of a likely […]