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CRUDE OIL TRANSPORT RISKS
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...- US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goodsIn the U.S., diesel prices have soared to unprecedented levels, surpassing six dollars a gallon. This spike is primarily caused by tensions...
- Oil Price Today (September 11): Crude oil soars 13% this week, set to close week above $100 after 4 months. What are experts saying?Oil prices have surged towards $100 a barrel due to rising tensions in the Middle East, where recent attacks have threatened shipping route...
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacksOil prices climbed over one hundred dollars per barrel on Thursday amid escalating attacks on shipping lanes. The surge was driven by fears...
- Oil surges 5%, Brent and US crude both over $100 on more tanker attacksOil prices jumped 5% to above $100 a barrel as escalating US-Iran fighting and attacks on tankers raised fears of wider supply disruptions....
- India looks to boost biofuel use amid rising crude supply risksIndia seeks to boost biofuel use for energy security. Crude supply disruptions and rising oil prices drive this strategic shift. The nation...
- Oil Price Today (September 10): Crude oil at $101 as Iran attack on 10 ships raises supply fears. $120 in sight?On Thursday, oil prices surged above one hundred dollars per barrel as traders evaluated the risks associated with supply disruptions stemm...
- Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
- US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
- $100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
- Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass USD 100 markThe rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, ra...
- Oil Price Today (September 9): Brent crude rises above $100 a barrel as Middle East conflict escalatesBrent crude futures crossed $100 a barrel for the first time since July 24 as escalating U.S.-Iran tensions raised concerns over Middle Eas...
- FPIs sell $1.6 billion of Indian stocks in five trading sessionsAfter a brief period of optimism, foreign investors are retreating from Indian stocks as rising crude oil prices and escalating global bond...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
- Oil Price Today (September 8): Crude oil at $97 as simmering tensions raise supply worries. Experts weigh inOil prices soared on Tuesday due to escalating fears surrounding conflicts in the Middle East. Iran's threats of retaliation have raised al...
- Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
- Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
- Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
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