Oil prices rose in Asia on Wednesday. This was mainly due to the trade deal between the US and Japan and falling US oil supplies. In the past three days, oil prices have been falling. This is due to trade tensions between the US and the European Union and concerns about US tariffs starting on…
Crude oil prices fell more than 1% to $66.54 on Friday after a report said the US and Iran could resume nuclear talks in Oslo next week. This comes after the US carried out military strikes on Iran’s nuclear sites last month. If the talks lead to an agreement, sanctions on Iranian oil could be…
Oil prices fell in Asian markets on Monday as concerns about Middle East supply problems began to fade. The main reason for the decline was an expected increase in OPEC+ oil production. Traders had previously reduced the “risk premium” they had added due to tensions between Iran and Israel. Now that those tensions have eased…
Crude oil prices fell 1.81% to ₹6,171 per barrel as tensions between Israel and Iran eased. This worried investors, leading them to reduce their safe-haven investments. Due to this, some opted to take profits after the recent price fluctuations. It was 990,000 in the first quarter. The IEA attributed this to slower economic growth and…
Crude oil prices fell 0.73% to 5,295 after the United States reported an unexpected increase in crude oil supplies before the summer, which will increase demand. Instead of drawing as expected, US crude oil inventories rose by 1.3 million barrels, the Energy Information Administration (EIA) said. Tensions in the Middle East, especially fears that Israel…
Crude oil prices continued to fall in Asian markets on Thursday after a report showed an unexpected increase in US crude oil inventories. Crude oil prices rose for four days earlier, hitting a two-week high. The rise came after the US and China agreed on Monday to reduce some of their trade tariffs on each…
People were optimistic that the US President might cut tariffs. However, a strong US dollar prevented big gains. A Russia-led ceasefire is expected to start this week. Tensions between India and Pakistan, which have seen some of the worst fighting in years, also weighed on the market. While crude oil prices rose this week, concerns…
Oil prices are expected to face further pain in the coming months as crude oil demand falls. However, there is room to profit from the decline as OPEC+ and US shale producers are forced to cut their oil production as prices fall. However, pressure on oil prices could ease in the second half of the…
Brent and WTI Oil are forecast to fall below $40 by the end of 2026 These forecasts are based on two key assumptions: the US economy will avoid a recession thanks to significant tariff cuts starting on April 9, and OPEC+ will moderately increase supply with two increases of 130-140kb each in June and July….
Monday’s trading is centred on oil and gas equities because the price of Brent crude oil is close to $60 per barrel, while the price of US WTI crude oil fell below $60 per barrel. It will have an impact on Indian businesses that refine crude oil and produce petroleum products. The US President’s reciprocal…
