Oil prices rise
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Crude oil prices moderated, Brent futures at $69.30 and MCX at ₹5,707, showing no clear trend, key levels at $66 and $71.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market oversupply and uncertain demand, despite Middle East tensions.
Oil prices declined today, July 15, as immediate concerns over supply subsided, following US President Donald Trump’s announcement of a 50-day deadlin
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ABP News on MSNEU Targets Rosneft’s Indian Refinery And Cuts Russian Oil Price CapEU sanctions Rosneft-linked India refinery, lowers Russian oil price cap to curb Moscow’s trade power and tighten restrictions amid escalating geopolitical tensions.
U.S. gasoline and diesel prices rose for a second week due to tight inventories and strong demand, pressuring inflation despite falling oil benchmarks.
'Crude Prices Will Fall Soon': Petroleum Minister Hardeep Singh Puri’s Big Oil Forecast, Here Is Why
Crude prices may fall soon, says Petroleum Minister Hardeep Singh Puri, citing stable supply, possible reserve releases, and weaker global demand. He highlighted India's expanding oil import network and said lower prices could ease inflation,
US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per barrel this year, which is $3 per barrel higher than in last month’s STEO, which was released just before the conflict over Iran’s ...
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ABP News on MSNOil Prices Fall As OPEC+ Surprises Market With Bigger August Output HikeOPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low inventory levels as justification for the move.
Crude oil futures eased on Tuesday, falling Rs 6 to Rs 5,790 per barrel due to weak spot market demand. Global crude prices also saw a decline.