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GLOBAL CRUDE OIL PRICES
Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reportsOil secretary Neeraj Mittal stated that restricting fuel sales at pumps is unacceptable during a press conference. He emphasized that no co...- India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...
- No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...
- Oil Price Today (October 1): Crude oil at $98 as investors assess supply recovery, peace deal talks. What are analysts saying?Brent crude was trading near $98 a barrel after touching $104 during Wednesday’s intraday trade. West Texas Intermediate (WTI) for November...
- Why are oil prices rising again? US crude and Brent November futures witness spikeOil prices are moving upwards on Wednesday. US crude climbed 2.2% to $91.33 a barrel while Brent November futures jumped 1% at $103.71. The...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- Foreign outflows from Indian stocks hit 6-month high in September on higher oil, yieldsForeign portfolio investors saw a notable outflow of $2.7 billion from Indian equities in September, marking the most significant withdrawa...
- Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....
- Why are oil prices down today?Oil prices have begun to fall now. Brent crude futures dropped more than 1% and hovered near the $105 per barrel mark. The oil prices have ...
- US strategic petroleum reserve falls to 44-year low: Why the oil stockpile is down to 283.8 million barrelsThe U.S. Strategic Petroleum Reserve has reached its lowest level since 1982 after sustained withdrawals. Crude oil stocks dropped to 283.8...
- Global Market: European stocks edge higher, tech shares lead gainsEuropean shares rose 0.3%, led by technology and semiconductor stocks, as investors responded to Anthropic’s AI expansion plans and potenti...
- Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
- Market rout deepens as crude surge, high US yields batter Indian equitiesThe Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The...
- Ten-year bond yield hits 7.19%, highest in two yearsYields on the 10-year benchmark government bond have increased to their highest level since April 2024. The rise in yields follows a surge ...
- Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...
- From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
- Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
- Nifty logs 7th straight weekly loss for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?Indian equities extended their losing streak to seven weeks as elevated crude prices, rising US Treasury yields, geopolitical uncertainty a...
- Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
- Even JPMorgan can’t predict oil’s next move as Iran war crosses more red linesJPMorgan says it no longer has a clear baseline for oil prices as Middle East tensions deepen supply risks. Brent remains above $100 a barr...
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