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GLOBAL OIL SUPPLY
The world's oil piggy bank is being smashed open. What can go wrong?- Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explained
- Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lower
- Petrol, Diesel Price today: Check fuel rates in Delhi, Mumbai, Lucknow, Bhubaneswar and other citiesToday Petrol, Diesel Price June 9: Fuel prices in India remain at their highest since May 2022, with petrol and diesel seeing cumulative hi...09 Jun, 2026, 08.45 AM IST
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developmentsWhy are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as tr...09 Jun, 2026, 08.21 AM IST
- Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...09 Jun, 2026, 08.07 AM IST
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...09 Jun, 2026, 01.48 AM IST
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...08 Jun, 2026, 02.31 PM IST
- Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...08 Jun, 2026, 12.30 PM IST
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...08 Jun, 2026, 10.44 AM IST
- Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the p...08 Jun, 2026, 08.16 AM IST
- 7 OPEC+ nations announce second straight 188,000 bpd output increase for JulySeven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...07 Jun, 2026, 08.25 PM IST
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...07 Jun, 2026, 01.34 PM IST
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...06 Jun, 2026, 08.42 PM IST
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...06 Jun, 2026, 08.22 PM IST
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...05 Jun, 2026, 10.59 AM IST
- Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran...05 Jun, 2026, 07.42 AM IST
- Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran ten...04 Jun, 2026, 07.22 AM IST
- Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....02 Jun, 2026, 11.12 PM IST
- ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persistsOil prices may surge significantly in August claimed ADNOC's chief. This could happen if demand increases and the Iran war supply issues co...02 Jun, 2026, 03.53 PM IST
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