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OPEC FUEL PRICES
India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...- 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...
- IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
- Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
- 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...
- 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 ...
- Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
- 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...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...
- U.S. Stock Market prediction for Monday: Nasdaq, S&P 500, Dow Jones crash to continue in Wall Street? These factors will determineU.S Stock Market on Monday: Magnificent Seven stocks which includes AI players Nvidia, Google-parent Alphabet and Meta will be under scanne...
- Petrol, Diesel Price Today (June 3): Check fuel rates in Delhi, Kolkata, Mumbai, Chennai, Gurgaon and other citiesPetrol, Diesel Price Today: Fuel prices across India remained stable on June 3, with no significant changes reported in major metro cities ...
- Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
- Oil well the damage control machineryAs India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- Venezuela third largest supplier of crude to India in MayIndia's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and th...
- Saudi Arabia March crude exports drop to lowest on record, JODI saysSaudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....
- Oil market enters tight supply phase after years of underinvestment: Nikhil BhandariGlobal energy markets are entering a structurally tighter phase due to years of underinvestment in crude oil and refining. While renewables...
- Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil rises as supply fears returnWhy are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil prices increased as hopes for a...
- India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...
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