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4 MILLION BARRELS PER DAY
Crude inventory hits 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...- Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
- Oil falls after US, Iran talks conclude in DohaOil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exc...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...
- Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
- Oil Price Today (June 30): Brent crude falls to $72/barrel as investors await US-Iran talksBrent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 p...
- Oil falls as investors focus on potential Iran-US talks in DohaOil prices dipped as markets keenly watched potential U.S.-Iran talks in Doha, following recent missile exchanges that tested a fragile cea...
- U.S. Stock Market prediction for Monday: S&P 500, Dow Jones, Nasdaq investors eye Iran-U.S. war as Wall Street look to end first half of year in high noteS&P 500, Dow Jones, Nasdaq of U.S. Stock Market will look to start the week on a positive note on Monday.
- Crude at $65, consumption boom, and the Rupee's new shield: Dinshaw Irani's big market callsIndia's economic headwinds are easing, with falling crude oil prices and a stabilizing rupee poised to boost the market. Helios Mutual Fund...
- Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
- IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
- Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
- JP Morgan lowers Brent crude price forecast for second-half 2026J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a...
- UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- Oil rises after Iran shuts Hormuz again, Trump threatens new attacksOil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials...
- Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
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