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BARRELS OF OIL EQUIVALENT PER DAY
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...
Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
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 plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
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 ...
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.
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 ...
Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
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...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
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...