India says fuel retailers suffering losses on petrol, diesel for sales below market rates Reuters India says fuel retailers suffering losses on petrol, diesel for sales below market rates Reuters
Brent: Conflict risk supports prices – Deutsche Bank Deutsche Bank analysts note Brent Oil remains on an upward trajectory, trading above $103 per barrel and heading for a fourth consecutive daily gain as the Iran conflict... Brent: Conflict risk supports prices – Deutsche
HSBC has issued its second downgrade for Indian equities in a month citing the impact of the oil crunch caused by the war in the Middle East on the Asian powerhouse. “India now looks less attractive than North East Asian peers in the current macro setting,” the bank’s analysts...
Crude turns lower as rally falters below key resistance Crude oil has made a clean reversal to the downside after a wave B rally that stalled at the upper boundary of the corrective channel and failed to break above 119, which confirmed that the higher degree correction was...</p
Oil: Supply risks support prices – ING ING analysts Warren Patterson and Ewa Manthey say Brent has broken back above $100/bbl as the oil market reprices expectations around the Iran conflict and disruptions in the Persian... Oil: Supply risks support prices – ING ING analy
WTI rises to near $93.00 as supply concerns rise on Hormuz blockade West Texas Intermediate (WTI) oil price gains ground for the third consecutive day, trading around $93.00 per barrel during Asian hours on Thursday. WTI rises to near $93.00 as supply concerns rise on Horm
WTI sticks to positive bias above $92.00 amid Middle East tensions West Texas Intermediate (WTI) – the benchmark US Crude Oil price – fades an Asian session spike to the $95.80-$95.85 area, or a one-and-a-half-week top, and retreats to the lower end of its daily range in the...</
Oil prices were rallying again on Wednesday after Iran's Islamic Revolutionary Guard Corps (IRGC) captured two commercial vessels in the Strait of Hormuz. Oil prices were rallying again on Wednesday after Iran's Islamic Revolutionary Guard Corps (IRGC) captured two commerc
US crude stocks rose 1.9m barrels vs a 1.0m draw expected, driven by higher imports and weaker exports. US crude stocks rose 1.9m barrels vs a 1.0m draw expected, driven by higher imports and weaker exports. However, gasoline (-4.6m) and distillate (-3.4m) draws signal fir
Oil producers in the Middle East would typically rejoice at oil prices of $100 per barrel as they would see windfall revenues from their exports. Oil producers in the Middle East would typically rejoice at oil prices of $100 per barrel as they would see windfall revenues f
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