Page 9 - Crude Oil Price

Oil prices face bearish pressure from potential Russian supply disruptions

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

Bearish oil outlook: Supply surplus, soft demand to cap WTI near $62

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.

Reliance trying to sell some cargoes of Middle Eastern oil in rare offer

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

Oil prices to trade in $56-$63 range in coming weeks, says analyst

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

Buy or Sell? How to trade Reliance, ONGC, OMC shares amid Russian oil ban

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

India's crude oil imports rise 1.7% to three-month high in September

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

Crude oil to see short-term bullish momentum; check strategy, key levels

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

Oil prices steady as oversupply fears ease, demand outlook improves

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

Crude oil prices headed for $50 amid supply glut in 2026, says analyst

Opec+ is unwinding cuts, restoring 2.72 million barrels per day by November, with Iraq adding 500 thousand barrels per day via Kurdish pipelines, worsening a 0.5 million barrels per day surplus

Sensex gains 705 pts, Nifty Bank hits record; what's driving market rally?

The Nifty Bank index touched a record high of 57,828.30 on Friday, surpassing its previous peak of 57,628.40 recorded on July 2, 2025

Crude oil outlook: WTI prices likley to average around $56 by end of 2025

The decline reflects a US-led trade war, exacerbating oversupply amid Opec+'s 2.72 mb/d restoration and a 0.5 mb/d surplus

ONGC plans 15% cost reduction to prepare for $60 per barrel crude price

Of the Rs 9,000 crore savings forecast, ONGC expects savings of Rs 4,300 crore by March 2026 as it implements 20 initiatives to boost cost efficiency

India ramps up US oil purchases amid trade talks, diversification push

Crude oil loading refers to volumes of oil loaded at a producing country's port for respective destinations. Oil shipments loaded in the US typically take around two months for delivery in India

I'd choose gold and silver over equities in most countries: Jim Rogers

The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself. That's been true for hundreds of years and will remain true now, Jim Rogers said

Oil outlook: Supply excess, weak Asia demand to keep WTI in $61-66 range

WTI crude oil prices opened weaker, tumbling over 4 per cent in early trading, a sharp reversal from the prior week's modest 2.2 per cent.

Crude oil prices to not stay low for long; Kotak maintains $70/bbl target

Despite Western countries imposing sanctions and gradually widening measures, Russia's oil exports have not been significantly impacted so far, Kotak said

Oil prices climb over 4% as Russia curbs fuel exports amid Ukraine attacks

Russia will introduce a partial ban on diesel exports until the end of the year and extend an existing ban on gasoline exports, Deputy Prime Minister Alexander Novak said on Thursday

Russian crude oil imports this month likely to exceed August level

India imported 1.63 million barrels of crude oil from Russia until September 24, as against 1.71 million barrels per day (bpd) in August

Stock Market Highlights: Sensex ends lower for 4th day, down 386 pts; Nifty near 25,050

Sensex Today | Stock Market close highlights, Sept 24: The Nifty Realty index ended as the top sectoral laggard, dropping 2.5%, followed by the Nifty Auto (1.15%), and the Nifty Private Bank (0.8%)

Crude oil outlook: Supply glut, macro headwinds to cap rally; target & more

Crude oil prices continue to trade within a broader range of $5-$7, reflecting the persistent tug-of-war between supply excess and geopolitical flare-ups