Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and…
Representative image (Picture credit: ANI) Brent crude oil prices are projected to average around $70 per barrel in FY26 despite geopolitical turbulence in the Middle East, according to a report by Emkay Research. The agency said oil markets remain “fundamentally well supplied,” citing rising output from both OPEC+ and non-OPEC+ producers as key factors stabilising…
<p style="text-align: justify;"><strong>Oil Prices Surge:</strong> हफ्ते के पहले कारोबारी दिन सोमवार को तेल की कीमतों में पिछले हफ्ते की बढ़त बरकरार रही. ब्रेंट क्रूड का भाव 66.47 डॉलर प्रति बैरल पर है. जबकि इंटरमीडिएट क्रूड 1 सेंट बढ़कर 64.59 डॉलर पर कारोबार कर रहा है. इस बीच, निवेशकों की नजर अमेरिका और चीनी अधिकारियों के…
VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.They will produce an additional 411,000 barrels a day — the same target set for May and then June — according to a statement, which is more than three times greater than the group had…
India Oil Import: भारत में तेल की मांग लगातार बढ़ती जा रही है. पेट्रोलियम निर्यातक देशों का संगठन ओपेक की एक नई रिपोर्ट के मुताबिक, 2025 और 2026 में दुनिया में भारत से सबसे ज्यादा तेल की डिमांड आने वाली है. यह चीन से कई दोगुने से भी ज्यादा है. भारत दुनिया में तेजी से…
India is set to register the fastest oil demand growth among major global economies in 2025 and 2026, outpacing China by more than double, according to the latest Monthly Oil Market Report from the Organization of the Petroleum Exporting Countries (Opec).Driven by rising energy needs in the world’s fastest-growing major economy, India’s oil demand is…
Oil prices are falling. Economists are cutting forecasts for global economic growth. Oil giants are reporting lower profits. But on Saturday, eight countries that belong to the oil cartel known as OPEC Plus said they would add about 411,000 barrels of oil a day in June. The move, which follows a similar step by the…
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April. Opening the taps in countries such as Saudi Arabia and Russia, which have voluntarily throttled supply to prop up prices, increases the risk that…
US President Donald Trump linked the ongoing war in Ukraine to global oil prices, urging Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to lower crude prices as a means to bring an end to the conflict. In a virtual address to executives at the World Economic Forum in Davos on Thursday,…
Donald Trump News: अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने गुरुवार (23 जनवरी, 2025) को कहा कि उनके दूसरे कार्यकाल के साथ अमेरिका का स्वर्णिम युग शुरू हो गया है और जल्द ही पूरी दुनिया अधिक शांतिपूर्ण और समृद्ध होगी. उन्होंने कहा कि वह सऊदी अरब और ओपेक (तेल निर्यातक देशों के संगठन) से तेल की कीमतें कम…