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OIL OVERSUPPLY CONCERNS
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...- Crude oil prices crash 42% from April’s $126 peak. More downside coming?Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummet...
- 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...
- Crude awakening: Chemical companies face margin pressure as oil-linked costs surge amid geopolitical tensionsRising crude oil prices are pressuring chemical sector margins due to increased feedstock and energy costs. Despite this, the Nifty Chemica...
- Nifty to trade in 28,000–30,000 range in FY27 led by earnings: Smallcase managersSmallcase managers remain optimistic on India’s equity markets despite the Nifty declining over 9% this year, projecting the benchmark inde...
- Price shocks from the Iran war power solar sales in energy-hungry AsiaIran war news: Soaring fuel prices due to the Iran war are pushing consumers in Asia towards rooftop solar power. In the Philippines, insta...
- Oil shock: How skyrocketing prices are reshaping the global economy?Global crude oil markets are once again in turmoil, with surging prices casting a dampening shadow over economies worldwide.
- Oil set for weekly drop as Iran risks recede, oversupply concernsOn Friday, oil prices remained stable, marking a likely second consecutive weekly decline. Tensions surrounding a conflict with Iran have s...
- Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talksOil prices edged higher as Ukrainian attacks on Russia's Druzhba pipeline and stalled peace talks hinted at potential supply disruptions. D...
- Oil steadies as oversupply concerns vie with Ukraine talks for investor focusOil prices saw little change as concerns over a supply surplus in 2026 overshadowed worries about Russian shipments remaining under sanctio...
- Oil prices fall as rising US inventories reinforce oversupply concernsOil prices dipped as U.S. inventories of crude and fuel rose, signaling a market oversupplied against demand. Despite concerns over Russian...
- Oil prices extend losses on oversupply, US demand concernsOil prices dipped on Friday, extending losses from the previous session due to concerns about weakening U.S. demand and ample global supply...
- Oil dips on oversupply concerns, heads for weekly lossBrent crude futures were down 30 cents, or 0.41 Percent , at $72.26 a barrel by 0105 GMT. U.S. West Texas Intermediate crude futures were d...
- Oil holds soft tone on oversupply concerns, markets await FedThe market stumbled in overnight trade as firmer-than-expected U.S. inflation readings for November bolstered the view the Federal Reserve ...
- Oil edges lower on oversupply concerns as OPEC+ set to raise outputBrent crude futures slid 8 cents, or 0.2 per cent, to $43.44 a barrel by 0001 GMT while U.S. West Texas Intermediate (WTI) crude futures we...
- Oil drops after US inventory build renews oversupply concernsWest Texas Intermediate (WTI) futures declined 68 cents, or 1.8%, to $38.26 a barrel, having risen about 2% in the previous session.
- Crude oil prices dip on oversupply concerns and stronger dollarWest Texas Intermediate (WTI) crude fell 27 cents, or 0.7 per cent, to $37.92.
- Commodity Outlook: Oil may lie low on oversupply concernsThe broking house expects gold prices to move lower today on the MCX.
- Oil prices retreat from $50 on oversupply concerns, stronger dollarA meeting of the oil producer's cartel, the Organization of the Petroleum Exporting Countries on June 2 may give further direction to oil m...
- Oil prices retreat from $50 on oversupply concernsBrent fell 9 cents to $49.50. Brent closed down 15 cents, retreating from $50.51, its highest since early November.
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