Oil recovers from 3-week low after US holds sanctions on Venezuela; Brent at $87

Oil prices were broadly steady on Thursday, April 18, as investors weighed US sanctions on Venezuela…

Russia’s crude oil exports at 11-month high in April, crosses OPEC target

The less volatile four-week average also rose sharply, climbing to the highest since early June. Weekly…

Oil prices decline as risk premium eases following Iran attack

Oil prices saw a downward drift on Monday, as the market seemed to minimize concerns about…

US Fed Policy, FPI inflows, oil prices, global cues to guide markets this week

The domestic equity benchmarks snapped four-week rally and recorded the worst week since October 2023 with…

OPEC retains demand estimate for 2024, raises global economic growth projections

The Organization of the Petroleum Exporting Countries (OPEC) bloc, led by Saudi Arabia has retained its…

Oil sheds 1%, posts weekly loss even as OPEC extends supply cuts; Brent at $82

Oil prices closed one per cent lower in the previous session and reported a weekly loss…

Oil pares gains after hitting 2024-high over delayed US rate cuts; Brent at $82

Oil prices slipped on Thursday, March 7 as expectations that US interest rate cuts could be…

Oil reports weekly gain as traders await OPEC+ decision; Brent up 2% to $83/bbl

Brent futures for May settled $1.64 higher, or two per cent, at $83.55 a barrel. The…

Oil prices steady as US inflation underpins June rate cut hopes; Brent at $83

Oil prices were little changed on Thursday, February 29, as January US inflation data reinforced expectations…

Oil prices slip amid interest rate outlook; Brent crude at $81.42/bbl

Oil prices experienced a slight decline amid speculation that unexpectedly robust inflation figures might postpone reductions…