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After the 2019 Abqaiq attacks, prices returned to normal within weeks — a sharp contrast to the past. Crude oil prices no longer move in lockstep with every Middle East headline. While the region ...
Weak US dollar, low crude oil prices may fuel 8-10% rally in Nifty 50: Elara Capital US Dollar Index has declined 10% YTD and currently stands around 96.70 — its lowest in over three years ...
US oil surged more than 7%, while Brent crude oil settled at around a 5% single-day increase as of 10 p.m. ET on Friday. On Thursday, US benchmark West Texas Intermediate crude oil futures also ...
The daily chart of the NYMEX WTI crude oil futures contract for July delivery shows that after trading to a $54.33 per barrel low on April 9, 2025, the price had been making higher lows and higher ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated a ...
The drop brings commercial stockpiles to 420.9 million barrels, roughly 10% below the five-year average for this time of year. Crude prices were mixed ahead of the report amid broader macro signals.
Brent crude was trading down $1.20 at $75.25 a barrel by 10:54 a.m. EDT (1454 GMT), while U.S. West Texas Intermediate crude (WTI) was at $73.82 a barrel, off $1.02.
US crude oil inventories recorded a surprisingly sharp decline of 11.5 million barrels last week, Commerzbank's commodity analyst Carsten Fritsch notes. WTI price is catching up with the price of ...
The Israel-Iran conflict has triggered a spike in crude oil prices, which could exceed $100 per barrel in the worst-case scenario. Will India be able to absorb this?
Suncor's steady production growth, solid profits, debt reduction, and attractive dividend yield make it a superior long-term ...
India’s oil & gas sector is set for a strong Q1FY26, with EBITDA likely to rise 17 per cent YoY, led by robust refining ...
Japanese refinery Taiyo Oil has bought its first Sakhalin Blend crude from Russia in more than two years at the Japanese government's request, it said on Tuesday, to help ensure the stability of a ...