Crude Oil Prices

Crude oil outlook: WTI seen at $55-60 as Asian demand offsets rising supply

Forecasts from major energy bodies suggest a trend toward inventory builds and moderated prices, contingent on geopolitical stability and production policies

Saudi Arabia cuts crude rates as India buys more oil from the US, Russia

Saudi Arabia is offering more competitive rates amid widening discounts of $5-7 per barrel offered on Russian Urals barrels and a surge in purchases of US crude oil by India

Stock market close highlights: Bear-run enters 5th day; Sensex sheds 556 pts, Nifty below 24,900

Sensex today | Stock market close highlights: In the broader markets, the Nifty MidCap index slipped 0.64 per cent, and the Nifty SmallCap 0.57 per cent

Oil prices edge higher after Israeli strikes on Hamas leaders in Qatar

Brent crude futures settled 37 cents, or 0.6 per cent, higher at $66.39 a barrel, while US West Texas Intermediate crude futures also climbed 37 cents, or 0.6 per cent, to close at $62.63 a barrel

Lower crude oil prices point to further downsides for ONGC stock

For ONGC Videsh or OVL, oil and gas production in the quarter stood at 1.75 mmt (down 2 per cent Q-o-Q) and 0.7 bcm (down 13 per cent Q-o-Q)

Mixed signals after ONGC Q1 nos; what's the best move for investors now?

On a standalone basis, ONGC's gross revenue dropped 9.3 per cent Y-o-Y to ₹32,003 crore, while net profit fell 10.2 per cent to ₹8,024 crore from ₹8,938 crore last year.

Tycoons who profit from India's increasing demand for Russian oil

This week, Jamnagar was the backdrop for a grittier story: Its oil - some of which is imported from Russia - has become a sticking point in US-Indian relations

Oil prices dip as Opec+ output rise counters Russia disruption worries

The Organization of the Petroleum Exporting Countries and its allies, together known as Opec+, agreed on Sunday to raise oil production by 547,000 barrels per day for September

Oil dips to one-week low as Opec+ output boost stokes oversupply fears

Brent crude futures fell 91 cents, or 1.3 per cent, to settle at $68.76 a barrel, while US West Texas Intermediate crude declined by $1.04, or 1.5 per cent, to close at $66.29 a barrel

Oil falls $2 a barrel on worries about Opec+ supply, US jobs data

The US Labour Department said the country added 73,000 jobs in July, lower than economists had forecast, raising the national unemployment rate to 4.2 per cent from 4.1 per cent

Analysis: Can crude oil prices rally more as Israel-Iran war escalates?

Oil price outlook: Crude oil prices are likely to remain supported by geopolitical uncertainty and tightening inventories in the near term

Sharp uptick: Sensex, Nifty score biggest 5-session win in over 4 years

Optimism from progress in trade talks with the US and expanded reciprocal tariff exemptions further fuelled investor enthusiasm

Uncertain tides in oil: India's gains tempered by multiple export risks

Expectations of higher supply and lower demand were already visible in the price movements for crude oil over the past weeks

India could double US energy purchases this year to offset tariff threat

India's crude oil imports from the US hit a two-year high in April, with US market share tripling since February, as both nations work towards a trade deal to rationalise import tariffs

BPCL Q3 results: Net profit rises 19.6% to Rs 3,806 cr, revenue down 1.9%

Management expects crude oil prices to settle at $70-75

Indian refiners eye windfall from Urals oil drop: Will motorists benefit?

Indian refiners may face a windfall this year from falling Urals oil rates even as US levies sanctions on Russian firms. Will motorists benefit?

Oil prices edge up to 12-week high on US winter storm, weaker dollar

Brent futures rose 27 cents, or 0.4 per cent, to $76.78 a barrel by 11:33 a.m. EST (1633 GMT), while US West Texas Intermediate crude rose 27 cents, or 0.4 per cent, to $74.23

CRISIL analysis: Crude oil prices may soften on lower risk premium

Amid the shifting sands of geopolitics, Russia remained India's top crude oil supplier accounting for 35 to 40 per cent of total imports

Oil prices up on China's monetary policy shift, demand expectations

Chinese crude imports grew annually for the first time in seven months in November, up more than 14 per cent from a year earlier

Windfall tax on domestic oil, fuel exports scrapped with immediate effect

No major revenue impact, say experts