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Crude Oil Prices Near $117 as US-Iran War Fears and Tanker Attacks Fuel Global Supply Concerns
Crude Oil Prices Near $117 as US-Iran War Fears and Tanker Attacks Fuel Global Supply Concerns
India's Freight Costs Surge as West Asia Oil Prices Hit $120 Per Barrel, Exporters Face Rising Pressure
Oil prices fell more than 1% as investors weighed improving supply from Russia and the Middle East against continuing geopolitical and shipping risks.
Government Cuts Import Duty on Palm, Soybean and Sunflower Oils to Rein In Prices
Oil Marketing Companies Losing ₹530 Crore a Day as Crude Oil Prices Surge
Oil India Expects Revenue Surge as Venezuela Operations Resume, Eyes Expansion in Russia
India’s Crude Oil Import Bill Zooms 48.4% to $74.8 Billion in April-August as Global Prices Surge
FGE sees Brent crude potentially climbing to $120-$150 per barrel if prolonged Middle East disruptions remove more oil from the global market, with physical crude already trading at elevated levels.
Crude Oil Jumps 3% After Fresh Strait of Hormuz Attacks, Brent Crosses $107
The IEA expects global oil supply to decline by 4.3 million barrels per day this year.
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