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PHYSICAL CRUDE OIL PRICES
Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...- Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
- From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
- Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
- Oil heads higher as US-Iran peace talks in stalemateOil prices experienced a rebound of more than 1% as geopolitical tensions in the Middle East persisted. Donald Trump rejected Iran's peace ...
- Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...
- Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
- 50 litres per customer: Private pumps ration diesel as oil shock deepensPrivate fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...
- Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...
- Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
- LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRAOMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while dome...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
- Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.1...
- Oil slips below $100 but remains volatile as Trump’s UN remarks dampen optimism over Saudi Arabia resuming Yanbu operations and East-West pipeline restartOil prices fluctuated as Saudi Arabia prepared to restart its East-West pipeline, while traders watched diplomatic developments around effo...
- Rupee rises 13 paise to 95.65 against US dollar in early tradeThe rupee appreciated by thirteen paise against the US dollar during early trading, driven by lower crude oil prices and optimism in the lo...
- Oil Price Today (September 21): Crude oil falls for 4th day, below $102. What’s triggering the fall?Brent crude futures fell $2.16 cents, or 2.1%, to $101.70 a barrel after settling 0.91% lower on Friday. US West Texas Intermediate crude d...
- Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
- View: As oil tops $100, India needs a wider, smarter fuel security strategyRising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...
- Even JPMorgan can’t predict oil’s next move as Iran war crosses more red linesJPMorgan says it no longer has a clear baseline for oil prices as Middle East tensions deepen supply risks. Brent remains above $100 a barr...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
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