News

Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting ...
Oil prices climbed about 3% on Tuesday on signs of higher demand in Europe and China, lower production in the U.S., tensions ...
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a ...
Oil prices rebounded over 1% on Tuesday with technical rebound and dip buying after a drop in prior session by OPEC+ decision ...
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to ...
Oil prices rose on Friday, posting gains for the second consecutive week, following easing trade tensions between the US and ...
Oil prices gain for a second week as easing US-China tensions and OPEC+ supply moves drive market volatility and future ...
1507 ET – Oil futures add to last week’s gains as ... WTI settles up 1.5% at $61.95 and Brent rises 1.6% to $64.96, a barrel, off the day’s highs of $63.61 and $66.40, respectively.
JM Financial said the risk-reward for OMCs namely BPCL, HPCL and IOC is not favourable given the PSUs' aggressive capex plans ...
Shell Plc has revealed that its Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), the operator of the SPDC joint venture, ...
Gold futures climbed 1.4% to $3,232.70 per ounce at the time of writing, while the spot gold price rose 0.8% to $3,229.61 per ...
Shares of energy companies rose amid relief about the outlook for oil demand. The European Commission approved Abu Dhabi National Oil Co.'s $12.97 billion acquisition of German chemicals group ...