Searched for
OIL SUPPLY GLUT
OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...- Oil prices little changed as US-Iran peace efforts holdOil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent sk...
- Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
- 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...
- Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
- Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMGIndia's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuatin...
- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Global clean-energy manufacturing supply far exceeds demandGlobal clean-energy manufacturing capacity now exceeds demand. Asia, led by China, dominates production, pushing prices down. This oversupp...
- 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...
- The Ukraine war is changing. European allies' strategy must change tooUkraine's war effort has shifted, with drones dominating the battlefield and blunting Russia's advantages. While Russia faces higher casual...
- 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...
- 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 falls to $30 as supply glut counters lockdown easingsWest Texas Intermediate (WTI) crude fell $1.20, or 4.6 per cent, to $23.36.
- Oil rises further above $26 as Opec+ begins record cutsUS crude for June added $1.18, or 6.3 per cent, to reach $20.02.
- Local fuel rates set to fall further as global crude slips below $63Petrol is cheaper by Rs 6.45 a litre and diesel by Rs 4.42 a litre since October 17 when the current price decline trend started.
- Opec maintains status quo on oil production after members fail to reach consensusThe meeting didn’t produce a supply accord but did reach consensus on appointing Nigeria’s candidate as new secretary-general, Sudirman Sai...
- Bullish bets on oil lowest since 2013 as US stockpiles swellSpeculators cut bullish oil wagers to the lowest level in over two years amid warnings that the US supply glut may soon strain storage capa...
- Crude oil: A tale of two crashesWhile decline in demand was the key driver for the 2008 crash, the sharp drop in prices this time around are being caused by a supply glut.
- Oil prices at a 13-month low; slips to $102 per barrelThe International Energy Agency (IEA) believes that supply glut is shielding the market from price disruptions.
Load More
