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Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
Oil little changed as supply concern lingers amid Houthi attacks on Saudi ArabiaOil prices showed minimal movement as Brent crude futures dipped slightly. In light of intensifying Houthi attacks impacting oil supply, Sa...
LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gapIndia has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now impo...
Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
Oil Price Today (October 22): Crude oil above $112 as energy infra attacks heighten supply fears. More tension ahead?Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $100 a barrel. Brent h...
India turns back to Gulf oil as Russian crude loses its price edgeIndia’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...
US sanctions have India cornered. BRICS charts an escape routeUS sanctions have significant implications on international trade, especially concerning countries like India. As BRICS countries explore a...
US secretary of state Marco Rubio, Ambani discuss energy and tech cooperationUS Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing...
From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...
Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...
Oil Price Today (October 21): Crude oil crosses $110 amid Middle East supply concerns. What lies ahead?Brent crude futures jumped more than $1 to trade at around $110 per barrel. WTI Crude futures also gained more than a dollar to trade at ar...
Oil rises on Middle East supply worriesOil prices are climbing amid increasing supply worries in the Middle East. Ongoing attacks on maritime vessels beyond the Strait of Hormuz ...
Welspun Corp’s $350 million US bet rides rising oil, gas pipeline demandWelspun Corp is focusing on the US market by investing $300-350 million in two manufacturing plants. The company aims to benefit from incre...
Oil Price Today (October 20): Crude oil nears $110 again as fresh attacks outweigh easing Russian sanctions. What are experts saying?Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delive...
India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
International Oil prices to jump 'super spike', claims energy research analyst, predicts global oil ratesInternational Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had n...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...