Why are oil prices down today while gas rates are witnessing a rise? Oil and natural gas markets move in opposite directions. Here's Brent, US WTI crude, Waha Hub pricesWhy are oil prices down today while gas rates are witnessing a rise? Oil prices fell after Iran proposed new talks with the United States t...
UAE’s OPEC exit could sting now, help India later as oil order shifts: ReportThe United Arab Emirates has exited OPEC, a move that could change global oil supply and prices. This decision breaks a long-standing produ...
Why are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Global markets react to Iran war, UAE exit from OPEC, and AI stock worriesWhy are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Oil prices climbed as the Iran conflict disru...
Iran-Israel war: Iraq urges customers to send oil loading plans after Hormuz exemption, document showsIraq's state oil marketer SOMO has asked customers for crude oil lifting schedules within 24 hours. This follows reports that Iran has exem...
OPEC confirms big Saudi oil production hike ahead of Iran war, holds forecasts steadySaudi Arabia significantly boosted oil production in February as a safeguard against potential disruptions from U.S. and Israeli strikes on...
OPEC+ unexpectedly speeds up oil output hikes, oil dropsEight OPEC+ countries have agreed to increase oil output by 411,000 barrels per day in May, surpassing their initial plan. This decision ai...
Oil prices rise with all eyes on OPEC+ supply decisionOil prices increased before a crucial OPEC+ meeting. Investors awaited the group's decision on production cuts. Middle East tensions also i...
Learn with ETMarkets: How to trade in crude oil amid market volatility?The crude oil market in 2024 remains volatile due to geopolitical tensions, particularly the Israel-Hamas conflict, and OPEC's production d...
World oil demand will rise 2.25 million bpd in 2024: OPECOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower than expected use in the fir...
OPEC sticks to 2024 oil demand growth forecast, but trims Q1 viewThe Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 2.25 million barrels per day...
OPEC sees strong oil demand growth in 2024Its outlook contrasts that of the International Energy Agency (IEA), which advises oil-consuming nations, which last month predicted that o...
OPEC expected to stick to view of long-term oil demand riseThe Organization of the Petroleum Exporting Countries is scheduled to update its long-term oil demand forecasts in its 2022 World Oil Outlo...
Sensex, Nifty, Live Today, 2016-12-01A spike in crude oil prices following an Opec deal to cut output, good GDP data and core sector growth prints and fresh strength in the rup...
Are local crude traders more prescient than Western counterparts?An interesting divergence was witnessed between crude futures traded on Nymex and on MCX, a mirror contract of the former.
- Crude oil: Weak global outlook, a major worry
The price of crude oil price in the global markets moved up marginally after hitting a 75-day low on Wednesday.
- Oil prices drop before US data
Oil prices fell slightly on Wednesday as the market geared up for the release of key data on US energy stockpiles ahead of an OPEC weekend ...
- World oil prices rise on OPEC comments
Oil prices climbed in reaction to OPEC comments that the cartel was prepared for "further measures" to shore up the market, analysts said.