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MUKESH SAHDEV
Oil falls 2% on easing supply concern after US, Iran agree to talksOil prices dipped as the U.S. and Iran agreed to hold talks in Oman, easing immediate fears of supply disruptions. Despite this, significan...- Oil Price Today: Prices rise due to geopolitical tensions. Here's Brent crude, WTI prices, US dollar index, FTSE 100, market analysts recommendationsOil price today rose as supply concerns and geopolitical tensions impacted markets. Brent crude reached $62.21 per barrel, while WTI hit $5...
- Oil rises more than 1% on supply risk, US-China trade talksOil prices surged for the second consecutive day, fueled by tightening sanctions and optimism around a new trade agreement between the U.S....
- Oil maintains gains on supply risks and US plan to refill strategic reservesOil prices are experiencing a second day of increases, spurred by sanctions and evolving trade negotiations. After recently touching a five...
- China refiners grab Russian oil as Trump menaces flows to IndiaChinese oil refiners are increasing their purchases of discounted Russian Urals crude, capitalizing on India's reduced intake due to increa...
- India, China in spotlight due to Trump’s Russia oil threatDonald Trump warns of penalties for nations purchasing Russian oil. India and China, major buyers, face potential impact. India's Russian o...
- Gas relief coming? Oil now cheaper than it was before Iran-Israel war — what it means for your walletOil prices have decreased to levels seen before the Iran-Israel conflict, offering potential relief at the gas pump. Brent crude and West T...
- Shares of US, European airlines rise up to 10% on hopes of Israel-Iran truceShares of U.S. and European airlines rose on Tuesday, while oil prices declined on expectations that a ceasefire between Israel and Iran wo...
- Oil prices climb as US court blocks Trump tariffsOil prices experienced a surge following a U.S. court's decision to block President Trump's tariffs. Market attention is also focused on po...
- Oil prices hold near two-week highs on trade war reprieve, weaker dollarOil prices remained stable near two-week highs. This was due to a U.S.-China trade agreement and a weaker dollar. The U.S. and China agreed...
- Brent slides over 3%, hits lowest level since 2021Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. ...
- Oil prices edge up on demand hopes from China's 'looser' monetary policyOil prices saw a modest rise Wednesday morning, fueled by anticipation of increased Chinese demand following Beijing's announcement of loos...
- Oil prices dip as extended OPEC+ supply cuts highlight weak demandOil prices dipped in early Asian trading Friday as OPEC+ delayed planned supply increases and extended output cuts to the end of 2026. Conc...
- Russia’s disrupted oil trade crimps margins for Indian refinersIndia's state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and ...
- Oil demand growth in India to taper in 2024 after bumper yearsConsumption will expand 150,000 barrels a day in 2024, down from about 290,000 barrels a day seen from 2021 to 2023, according to Rystad En...
- Russian oil exports to India may hit new highs as interest growsThe South Asian nation increased Russian oil imports in 2022, ending the year with record monthly volumes as discounted barrels enticed buy...
- Electric vehicles may cut global refining capacity demand by half in 2050: RystadMukesh Sahdev, senior vice president and head of downstream at Rystad Energy said electric vehicles will cut global consumption of gasoline...
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