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Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran

Markets have been on edge since over fears of a widening of the conflict in the Middle East — a maj…

Huileng Tan   


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OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says

As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…

Filip De Mott   


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Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices

The producer price index notched its biggest decline since October, boosting hopes that the Fed has…

Filip De Mott   


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Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks

Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The N…

Yuheng Zhan   


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Rupee rises 6 paise against US dollar as crude oil prices ease

The rupee appreciated 6 paise to close at 83.31 against the US dollar on Tuesday following a weak g…

PTI   


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Rupee falls 2 paise to 83.42 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.42 and slipped further to…

PTI   


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Spiking oil prices helped Russia energy-tax revenue double last month

The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…

Filip De Mott   


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Rupee rises 7 paise to 83.24 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.29 and inched up further …

PTI   


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Why oil prices already at highs could surge another 10% by summer, according to BofA

Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …

Yuheng Zhan   


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Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world

Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…

Yuheng Zhan   


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India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran

"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…

Yuheng Zhan   


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Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says

Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…

Filip De Mott   


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India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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Russia saw its oil revenue double in April despite Western sanctions

Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…

Yuheng Zhan   


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Uncertainty over election results may keep market volatile: Experts

The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, …

ANI   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.48, it touched 83.46 in t…

PTI   


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Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls

"It's been wonderful — it's been almost as good as AI," Bill Gross said about the returns he's gott…

Filip De Mott   


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Rupee settles on flat note, higher by 2 paise at 83.50 against US dollar

At the interbank foreign exchange market, the local unit traded in a narrow range. It opened at…

PTI