In a second straight day of losses, Brent crude closed down 29 cents, or 0.4 per…
Tag: MCX crude oil
Domestic crude oil production at 2.5 MMT in May, imports increase 2%: PPAC
India produced a total of 2.5 million metric tonnes (MMT) of crude oil in May 2023,…
BoE rate hike, China data: Key factors driving crude oil markets next week
Oil prices edged higher in the last session and posted a weekly gain, as higher demand…
Oil posts second weekly decline; what’s overweighing Saudi output cut?
Oil prices fell more than a dollar a barrel on June 9 to record a second…
Demand concerns push oil prices to end this week on subdued note; what’s ahead
Crude oil prices traded firmly on Friday, however, are moving to end the current weekly performance…
Oil falls over 2% over global growth fears after Saudi output cut led one-day
Oil prices declined more than $1 per barrel on June 5, after a strong rally in…
OPEC+ to lower production targets from 2024 by 1.4 million bpd; details here
The Organization of the Petroleum Exporting Countries and its allies led by Russia, or OPEC+ reached…
OPEC+ meets to debate global supply; weighs fresh output cuts to boost oil price
The Organization of the Petroleum Exporting Countries and its allies, or OPEC+ met in Vienna on…
Oil edged higher on US debt deal after week-long variability; all eyes on OPEC+
Oil prices rose over two per cent on Friday after the US Congress passed a debt…
Oil prices remain steady as high inventories balance US debt bill development
Oil prices held steady on Thursday as news of rising inventories in the largest oil consumer…