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CRUDE OIL PRICES
Trump says oil majors making 'too much money' from Iran war-driven crude shortageUS President Donald Trump on Monday accused major oil companies of profiting excessively from elevated crude prices caused by supply disrup...- Global Market: Euro zone bond yields decline as falling oil prices boost market sentimentEuro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns a...
- Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slideAccording to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against I...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- RBI MPC begins today as policymakers weigh inflation, crude risksThe Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants widely expect the benchmark repo ra...
- Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
- UAE to revamp crude pricing amid sharp market fluctuationsAbu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...
- Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
- Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
- Rupee ends nearly flat at 95.68 vs USD, wedged between oil swings, RBI interventionOn Thursday, the Indian rupee remained stable, closing at approximately 95.68 against the dollar. The currency faced pressure due to fluctu...
- America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
- Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
- Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
- Rupee rises 5 paise to 95.77 against US dollar in early tradeThe rupee strengthened by five paise to 95.77 against the US dollar on Wednesday. This appreciation marks the fourth consecutive day of gai...
- Oil Price Today (July 29): Crude oil jumps 5% as US intercepts Iranian 'surprise attack’. Big rally ahead?Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermed...
- Rupee strengthens as crude oil prices fallThe Indian rupee strengthened against the dollar on Tuesday, closing at 95.84 per dollar. This gain followed a sharp rise on Monday, suppor...
- Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
- Indian bonds rebound as easing Middle East tensions drag oil lowerIndian government bonds experienced a significant surge early this week. This rise followed a sharp decline in crude oil prices over the we...
- Oil Price Today (July 27): Crude oil dips 5%, below $95 as US pauses strikes on Iran. What are experts saying?Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US We...
- Oil Price Today (July 21): Crude oil dips below $90 on hopes of 10-day ceasefire in Iran war. What are experts saying?Brent crude futures slipped 35 cents, or 0.4%, to $88.87 a barrel, while U.S. West Texas Intermediate crude for September delivery was litt...
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