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OIL GLUT CONCERNS
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- Oil & gas sector outlook 2026: Higher brent prices seen boosting upstream firms, hurting OMC marginsGlobal oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...
- India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
- Brent hits 6-month high; will $5–$10 war premium push prices higher? Peter McGuire answersBrent crude has unexpectedly surged to $70 a barrel, driven by escalating geopolitical tensions, particularly concerning Iran and the Strai...
- Oil gets lift from India, China buying as global glut loomsDespite global oil market concerns about a glut, China and India's increased buying, driven by US sanctions on Russian energy, has supporte...
- Oil gains on optimism US government to reopen soonOil prices saw an increase on Monday. Hopes for an end to the U.S. government shutdown are boosting expectations for higher demand. This op...
- Oil steadies as market digests OPEC+ output plansOil prices saw little change as OPEC+ decided to pause output hikes in the first quarter, despite ongoing concerns about a potential supply...
- Oil extends gains after OPEC+ pauses Q1 output hikesThe group agreed to a modest output increase for December, but will pause further increments in the subsequent months. Analysts remain caut...
- Oil prices slip on concerns over US-China trade tensionsAs oil prices slip, a burgeoning global supply takes the spotlight. The escalating trade friction between the U.S. and China brings worries...
- Oil prices tumble on demand collapse, Brent at 1999 lowsWest Texas Intermediate was down 68 cents, or 6%, at $10.89 a barrel.
- US oil falls more than 10% to lows not seen since 1999The oil market has been under pressure due to a spate of reports on weak fuel consumption and grim forecasts from the Organization of the P...
- Oil starts 2019 with gains, as traders gear up for volatile yearWest Texas Intermediate (WTI) spot crude oil futures were at $45.85 per barrel.
- Crude rallies as surpluses shrinkCrude this month has been touching levels last seen more than three years ago.
- Five triggers that changed your market while you were sleepingAll this and more in today’s wrapup of all the news, views and cues that changed your market while you were sleeping.
- Demand growing, but glut persists in oil markets on extra barrels from IranIn the next fortnight, WTI oil prices (CMP: $45/bbl) might head lower towards $40 in the international markets while MCX oil prices (CMP: R...
- Six triggers that changed your market while you were sleepingHere’s a wrapup of these and other major triggers that would have changed your market while you were sleeping.
- Brent crude trades near 12-year low as Iran makes oil slip below $28Iran is beginning efforts to boost output and exports by 500,000 barrels a day now that restrictions have ended, Amir Hossein Zamaninia.
- Brent crude slips into bear territory over rising Iraq exports, growing supply glutBrent Oil relapsed into a bear market as rising Iraqi exports and a rebound in US drilling signalled that the global supply glut will grow.
- Brent crude slips into bear territory as rising Iraq exports, US drilling to create glutBrent now joins West Texas Intermediate crude oil - the US benchmark - in a bear market. WTI clocked a 20 per cent drop.
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