News

The United States imposed sanctions on Iran's oil trading networks on Thursday, including on a China-based crude oil storage ...
In a report sent to Rigzone by Standard Chartered Bank Commodities Research Head Paul Horsnell late Tuesday, analysts at the ...
Trump’s decision to increase tariffs on China, the world’s second-largest economy and biggest crude importer, to an eye-watering 125% weighed on the market.
Crude futures climbed after President Trump paused some tariffs for 90 days, while raising tariffs on China further following Beijing’s retaliation.
U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline ...
The price of crude oil dropped to its lowest level since 2021 and is down roughly 20% since President Trump announced tariffs ...
Amnish Aggarwal of Prabhudas Lilladher suggests focusing on domestic-oriented sectors like consumption, private banks, ...
Union Oil Minister Hardeep Singh Puri suggests Indian OMCs have room to cut petrol and diesel prices if global crude prices ...
The Indian government has announced a significant fiscal adjustment to stabilise the oil sector, including a Rs 50 increase ...
Despite this increase, retail fuel prices remain unchanged, thanks to state-run oil marketing companies (OMCs) ...
Oil marketing companies may see improved margins as global crude oil prices soften to the $60–$65 per barrel range, compared ...
The lower crude oil prices will reduce the cost of production for oil refining and marketing companies such as Indian Oil and ...