Crude Oil Price

Oil price outlook: The most significant downward pressure on oil prices this month stems from renewed optimism regarding the conflict in Ukraine.

Brent crude futures fell $1.11, or around 1.8 per cent, to $59.45 a barrel at 1023 GMT, while US West Texas Intermediate crude was trading at $55.71 a barrel, down $1.11, or nearly 2 per cent

Sensex Today | Stock Market highlights on December 15, 2025: In the broader markets, the Nifty MidCap index slipped 0.12 per cent, and the Nifty SmallCap index rose 0.21 per cent

OPEC+, according to a Rabobank International note, will respond to lower prices through supply cuts or through the refined products market

Sensex Today | Stock Market close, Dec 5, 2025: In the broader markets, the Nifty MidCap index gained 0.49 per cent, and the Nifty SmallCap index dropped 0.57 per cent

The global surplus has increased from 0.5 bmpd to around 1.5 mbpd in the last six months

Global oil prices have shown remarkable resilience amid softer economic data from two major consumers: the US and China

Today's columnists write about long-term oil forecasts and wartime 'jugaad' to India's cricket woes, the AI investment frenzy and a new documentary probing US secrecy on non-human intelligence

Stock Market Close on Friday, November 28, 2025: In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 ended lower by 0.11 per cent and 0.27 per cent, respectively.

WTI plunged 2.5 per cent over the past five trading sessions to $58.05/bbl, shedding 5.5 per cent in the last month and more than 20 per cent since mid-June highs near $73/bbl

Among Sensex stocks, Tata Motors Passenger Vehicles, Trent, Infosys, Power Grid, HDFC Bank, HCLTech, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were the major laggards

Oil price outlook: While the outlook for the oil market remains bearish with expectations for a large surplus in 2026, robust refinery margins offer counterbalance

Mohammed Imran, research analyst at Mirae Asset Sharekhan believes that global market will remain in surplus of 0.5-0.7mbpd in 2026

Crude oil Outlook: WTI to trade $57-$62/bbl near-term, with upside to $65+ on Russian disruptions. Bearish base case holds unless geopolitics escalate.

The company, controlled by billionaire Mukesh Ambani, has been trying to sell grades including Murban and Upper Zakum on the spot market

Global crude oil supplies are poised for a deepening glut, with prices likely to decline toward $50 per barrel by mid-2026 amid sluggish demand growth and robust production

Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts

On a yearly basis, crude oil imports rose 6.1%, from 18.79 million tons in September 2024, data from the Petroleum Planning and Analysis Cell shows

Oil prices are projected to trade in a broader $58-$64 range in the coming weeks

Brent crude futures were up 7 cents, or 0.11%, at $61.08 a barrel at 1320 GMT