Oil Price

Crude oil outlook: $57-61 range likely, geopolitical flare-ups may test $62

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

As in the past, projections of low oil prices till 2030 are wrong again

Short-term weakness masks the supply crunch building later in the decade as demand stays firm and forward prices mislead again

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

India resumes canola oil imports after 5 years as domestic prices surge

India mainly buys palm oil from Indonesia and Malaysia, while it imports soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine

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 holds steady on US-Russia deal reports, closes week down around 5%

Brent fell 4.4 per cent over the week, while WTI finished 5.1 per cent lower than last Friday's close

Stock Market close highlights: Sensex crashes 823 pts, Nifty below 24,900; all sectors settle in red

Sensex Today | Stock Market close, Thursday, June 12, 2025: The Nifty Midcap100 and Nifty Smallcap100 index settled in red, down by 1.73 per cent and 1.90 per cent, respectively

Aramco reports $26 bn profit in Q1, down 4.6% on lower oil prices

Saudi Arabia's state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year. Aramco, formally known as the Saudi Arabian Oil Co, had revenues of $108.1 billion over the quarter, the company reported in a filing on Riyadh's Tadawul stock exchange. The company saw $107.2 billion in revenues and profits of $27.2 billion the same quarter last year. Aramco's stock traded over $6 a share Thursday, down from a high of around $8 last year. It has dropped over the past year as oil prices have dipped, and in recent months, as the OPEC+ oil cartel announced restoring production more rapidly and as uncertainty driven by US tariffs has rippled through Middle Eastern markets. Benchmark Brent crude traded Friday at over $63 a barrel, down from highs of over $80 in the last year.

Oil up $1 as US imposes new sanctions on Chinese buyers of Iranian crude

Brent crude futures rose $1.06, or 1.64%, to $65.73 a barrel by 12:18 p.m. EDT (1618 GMT) while US West Texas Intermediate crude rose $1.02, or 1.66%, to $62.35

Crude oil may bounce to $72 in short-term; long-term view bearish: Analyst

Oil prices have recorded seven straight weekly declines since Donald Trump took office on January 20

Oil posts weekly losses as US ready to impose tariffs on Canada, Mexico

Trump will include a process for Canada and Mexico to seek specific exemptions for certain imports, adding that new tariffs would become effective on March 1

Oil prices fall marginally as Hurricane Rafael expected to start weakening

Hurricane Rafael, which has caused 391,214 barrels per day of US crude oil production to be shut, is expected to move slowly

Crude oil can hit low $60s by 2025-end despite geopolitical conflict

Oil price outlook: Given the low level of oil inventories, there could be a sustained geopolitical premium in crude price until the conflict is resolved in the short-term

Oil prices slide more than $2 as investors digest weak US job data

U.S. job growth slowed more than expected in July as unemployment increased to 4.3 per cent, pointing to possible weakness in the labor market and greater vulnerability to recession

Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82

Budget 2024-25: How to trade WTI crude oil today? Find out strategy, key levels here

Stocks, Gold, Bitcoin: Where should you invest for the rest of 2024?

Stock market strategy: Equities, analysts said, have priced-in most positives and are likely to adjust to the fundamentals now with growth in earnings needed to justify high valuations

Sebi removes NSDL IPO from abeyance; Oil drops close to July low

Inox India's and Stanley's IPO comprise secondary share sale of 22.11 million and 9.13 million shares, respectively

Saudi Aramco forecast to cut oil price to Asia as competition heats up

The state-owned Saudi Arabian producer will reduce the official selling price of Arab Light by $1.05 a barrel for January from the previous month, according to the median estimate

Broader markets witness fresh turbulence amid Israel-Hamas conflict

This was the worst fall for the smallcap index since September 12, when it had tanked over 4 per cent

War in Ukraine: How one year of conflict changed geopolitics and economics

Friday marks the one-year anniversary of the Russia-Ukraine war, have a look at how the conflict that nobody believed would last this long changed the world