Oil drops 1% to $71/bbl amid Iran nuclear talks, US tariff uncertaintyOil prices dipped as U.S.-Iran nuclear talks eased conflict fears, while President Trump's new tariffs introduced global growth uncertainty...
23 Feb, 2026, 09.48 AM IST
Asia's jet fuel imports from India to hit multi-year highs in NovemberIndia's jet fuel exports to Asia are surging, driven by refinery issues in the region and attractive pricing. This surge is expected to rea...
20 Nov, 2024, 02.57 PM IST
Brent hovers above $83 as inflation data takes centre stageThough prices were supported by a few factors last week, including a lack of progress in the latest round of negotiations to halt hostiliti...
13 May, 2024, 09.31 PM IST
Oil heads for second weekly gain on tighter supply outlookOil prices extended gains on Friday and were on course for a second weekly gain, supported by geopolitical tensions in the Middle East, con...
05 Apr, 2024, 08.11 PM IST
Oil prices slip on view US rate cuts could be delayedOil prices slipped on Thursday as expectations that U.S. interest rate cuts could be delayed capped gains, though upbeat Chinese trade data...
07 Mar, 2024, 08.10 PM IST
Oil steadies after expected OPEC+ cut extensionOil prices remain stable as OPEC+ extends output cuts. Brent futures reach $83.74 a barrel, while WTI rises to $80.03. Brent spreads widen ...
04 Mar, 2024, 11.19 PM IST
Shippers mask positions, weigh options amid Red Sea attacksA number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in ...
19 Dec, 2023, 06.23 PM IST
Oil inches higher on supply concerns, China demand recoveryGlobal oil demand growth, on the other hand, is on track to hit 2.1 million bpd, they added, in line with forecasts from the International ...
18 Sep, 2023, 07.46 AM IST
Oil resumes slide as weak economy outweighs supply risksGLOBAL-Oil resumes slide as weak economy outweighs supply risks
12 Dec, 2022, 05.00 PM IST
Oil rebounds after steep drop, underpinned by tight suppliesU.S. crude production, which has been largely stagnant over the last few months, edged up 100,000 barrels per day last week to 12 million b...
16 Jun, 2022, 08.08 AM IST
Oil falls, pressured by China lockdowns, reserves releaseBrent crude fell $2.04, or 2%, to $100.74 a barrel at 0139 GMT, while U.S. West Texas Intermediate crude lost $1.94, or 2%, to $96.32. Last...
11 Apr, 2022, 07.21 AM IST
Crude oil falls nearly 2% ahead of OPEC+ talksIran said on Monday it has yet to decide whether to extend a monitoring deal with the U.N. nuclear watchdog which lapsed last week.
28 Jun, 2021, 11.29 PM IST
Oil prices dip after OPEC+ agree to ease output cutsBoth contracts settled up more than $2 a barrel on Thursday as investors viewed the OPEC+ decision as an affirmation of demand-led recovery...
05 Apr, 2021, 08.50 AM IST
Oil prices little changed ahead of China GDP dataBrent rose 0.2% last week while WTI gained 0.7%, after crude and oil product inventories in the United States, world's top oil consumer, fe...
19 Oct, 2020, 07.47 AM IST
Headache for OPEC as oil market structure signals return of glutThe group will either have to consider further production cuts or tolerate lower oil prices for longer.
31 Jul, 2020, 11.56 AM IST
Oil prices up 2% after output cut, but demand worries weighBrent futures rose 63 cents, or 2.0%, to $32.11 a barrel by 12:36 p.m. EDT (1636 GMT).
13 Apr, 2020, 10.42 PM IST
Oil falls after Saudi Arabia, Russia delay meetingAt 1135 GMT, Brent was down 81 cents, or 2.4%, at $33.30 a barrel. U.S. crude was 65 cents, or 2.3%, lower at $27.69 a barrel.
06 Apr, 2020, 06.10 PM IST