Oil Prices
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August 18, 2022, Thursday
Centre planning to further cut windfall tax on crude, diesel: Report
The government is expected to review the new taxes, imposed on July 1, for the third time soon,
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August 17, 2022, Wednesday
Oil prices fall below $94 a barrel, awaits news of Iran nuclear deal
Brent crude futures fell $2.27, or 2.4%, to $92.83 a barrel. The contract hit a session low of $92.51 per barrel, the lowest ...
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August 16, 2022, Tuesday
Global oil prices to fall to $70/barrel by end of 2024: Moody's Analytics
Global oil prices are expected to fall to almost $70 per barrel by the end of 2024, said Moody's Analytics in a recent report on ...
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August 11, 2022, Thursday
OPEC, unlike IEA, sees lower 2022 oil demand growth, sticks to 2023 view
In a monthly report on Thursday, OPEC said it expects oil demand to rise by 3.1 million bpd, or 3.2%, in 2022, down 260,000 bpd ...
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August 10, 2022, Wednesday
Oil prices see-saw, settle on Russian pipeline constraints, recession fear
Crude prices have been under pressure for weeks as fears mounted that a recession could cut oil demand
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August 08, 2022, Monday
Global stocks rise after US job data gain paves way for rate hike
Global stocks gained Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by ...
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August 05, 2022, Friday
World stock markets mixed ahead of US jobs data; Fed weighs rate hike
Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal ...
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August 03, 2022, Wednesday
Oil prices fall in early trade on demand worries, stronger US dollar
Oil prices fell about 1% in early trade on Wednesday, reversing gains from the previous session ahead of a meeting OPEC+ ...
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August 02, 2022, Tuesday
Oil prices fall as weak factory data fuels global demand concerns
Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global ...
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August 02, 2022, Tuesday
Saudi to push OPEC+ to increase oil production at upcoming meeting: Report
Saudi King Salman bin Abdulaziz assured US President Joe Biden of the production increase when they met on July 16
