Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman SachsUS-Iran war impact: Gulf crude oil output may rebound quickly once the Strait of Hormuz reopens. Goldman Sachs research suggests a swift re...
25 Apr, 2026, 11.47 AM IST
US oil floods Asia at record levels but still can’t fill the Hormuz gapAmid rising tensions with Iran, America finds itself in a pivotal moment as it channels unprecedented volumes of oil to Asia, following the...
21 Apr, 2026, 11.13 AM IST
US gas prices sink to seven-month low after storage build exceeds forecastU.S. natural gas futures fell to a fresh seven-month low on Wednesday, pressured by a slightly larger-than-expected storage build and forec...
09 Apr, 2026, 08.52 PM IST
'$95 for 2 months' US agency predicts prolonged conflictBrent is up 27% since the start of the war as the Strait of Hormuz is effectively shut and some oil production in the region has been curta...
12 Mar, 2026, 12.44 AM IST
Oil market's watchmen at loggerheads on 2026 outlookGlobal oil market forecasts diverge sharply, with the IEA and EIA predicting substantial surpluses exceeding 4 million and 2.8 million barr...
27 Jan, 2026, 05.56 AM IST
Oil prices edge down, forecasts for higher oil output, weak demand growth weighOil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered i...
14 Nov, 2024, 07.27 AM IST
Oil prices fall on big build in US crude, fuel inventoriesBrent crude futures fell 28 cents, or 0.3%, to $89.14 per barrel. U.S. West Texas Intermediate crude futures fell 35 cents, or 0.4%, to $84...
10 Apr, 2024, 10.45 PM IST
Oil steady as U.S. crude stock build offsets Middle East uncertaintyBrent crude futures were flat at $89.42 per barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 2 cents to $85....
10 Apr, 2024, 07.59 AM IST
EIA: Crude prices likely to stay around $83 per barrel in 2024"We expect OPEC+ production cuts will offset lower global demand growth, prevent increases in global oil inventories, and keep Brent prices...
14 Dec, 2023, 12.02 AM IST
Oil gains on Middle East tensions, stock data in focusThe Israeli military said its forces were carrying out an operation on Wednesday against Hamas within Gaza's biggest hospital, Al Shifa.
15 Nov, 2023, 07.46 AM IST
Oil rises on expectation high natural gas to drive switch for heatingOil prices rose on Thursday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a switc...
14 Oct, 2021, 07.47 AM IST
Crude oil drops on concerns COVID-19 issues in Europe will delay demand recoveryExtended lockdowns are being driven by the threat of a third wave of infections, with a new variant of the virus on the continent.
23 Mar, 2021, 07.30 AM IST
Does Opec see US oil output as half full or half empty?America’s second shale boom is certainly drawing to a close.
01 Dec, 2019, 04.22 PM IST
US-China trade deal holds key to higher oil pricesMarch production figures mean Saudi would be voluntarily cutting output by more than 500,000 bpd below its pledged production level.
21 Mar, 2019, 05.04 PM IST
How Opec is helping US oil reach a tipping pointThe US was briefly a net exporter in November.
21 Jan, 2019, 09.02 AM IST
Crude oil prices likely to see some uptick in near termThe upside for crude will remain capped given that physical markets remain oversupplied.
17 Jul, 2017, 07.50 PM IST
What is the Iran nuclear deal worth to oil prices? About $5-$15 a barrelFollowing this news, analysts in the oil market immediately began to ask what an open Iran could mean for markets.
09 Apr, 2015, 10.33 AM IST