Oil price

Oil Price
Want Lower Oil Prices? First You Need Higher Ones
There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not …
Oil Price
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…
Oil Price
ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens
Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …
Oil Price
OPEC Has No Control over Events Roiling Global Oil Markets
OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…
Oil Price
Saudi Aramco Raises April Crude OSPs to Asia, Europe, US
Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…
Oil Price
Crude Oil Surges on Russia Oil Embargo Risk
WTI is continuing to soar. U.S. Secretary of State Antony Blinken has signaled the Biden administration and its allies are discussing an embargo on Russian oil,…
Oil Price
Policy Certainty Shields Indian Stocks from Oil Price Spike
Declining oil intensity in GDP, rising domestic investors share are among the other reasons, says foreign advisory firm
Oil Price
Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…
Oil Price
U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…
Crude Oil
Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts
Japan expects to release 7.5 million barrels of oil from privately held reserves.
Oil Price
Petrol, Diesel Price Hikes Expected to Restart from Next Week
Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices s…
Natural Gas
No Challenge in Selling from Russian Oilfields, Says ONGC
Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
Oil Price
Unmoved by Surging Oil Prices, OPEC+ Delegates Say Another Modest Output Hike on Tap
OPEC and its allies, including Russia, remain on track to approve a 400,000 b/d production hike for April, according to delegates, insisting that no oil supply …
Energy Transition
Why $100 Oil Could Hurt the Energy Transition More Than It Helps
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…

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Oil price

Want Lower Oil Prices? First You Need Higher Ones

Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

OPEC Has No Control over Events Roiling Global Oil Markets

Saudi Aramco Raises April Crude OSPs to Asia, Europe, US

Crude Oil Surges on Russia Oil Embargo Risk

Policy Certainty Shields Indian Stocks from Oil Price Spike

Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125

U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict

Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts

Petrol, Diesel Price Hikes Expected to Restart from Next Week

No Challenge in Selling from Russian Oilfields, Says ONGC

Russia’s Oil Exports Are Plunging Even Without Sanctions

Unmoved by Surging Oil Prices, OPEC+ Delegates Say Another Modest Output Hike on Tap

Why $100 Oil Could Hurt the Energy Transition More Than It Helps