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Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concernsWhy are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...- BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOC...
- Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
- In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
- Vedanta demerger: Four spin-off companies list on exchanges on June 15Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable mark...
- OPEC again lowers 2026 global oil demand growth forecastOPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...
- US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
- India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
- Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closureWhy are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...
- US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...
- Companies seek lifting of curbs on gas pipeline integrationIndian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of dom...
- 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...
- 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...
- 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 ...
- 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...
- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
- Pakistan discovers oil and gas well in Sindh that can produce 2000 barrels of oil per dayPakistan's Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Sanghar district, Sindh pro...
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
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