India Expected To Gain from Global Oil Prices Decline by Over USD 4/barrel
This week, the recent decrease in oil prices by over USD 4 a barrel in the international market is expected to benefit India. This decline...
Tag : Oil Prices
Crude Oil Prices Jumped 3% Following the Recent Israel Attacks on Iran
Israel launched a retaliatory attack on an Iranian site on April 19, causing oil prices to rise by USD 3 per barrel, raising concerns about...
Oil Prices Reached 2 Month High Outweighing Fed Rate Hike
Oil prices climbed over 3% on Friday, rising to their highest level in 9 weeks as supply concerns and technical buying outweighed fears that further...
Asian Stocks Rise, Currencies Fall as US Debt Ceiling Bill Passed
Almost all Asian stock markets were trading higher on Monday over the crisis averting US debt ceiling deal, with Japan’s Indexes reaching 33-year peaks. At...
Oil Prices Fall 2% as Chinese Demand Worries
On Friday, Oil prices fell 2% in thin market liquidity amid concerns over Chinese demand and a Western debate over a cap on Russian oil...
Oil Prices Drop $1 on China Covid Surge and Firmer Dollar
On Monday, oil prices dropped, dragged down by a firmer US dollar. Meanwhile, increasing COVID-19 cases in China dashed hopes of reopening the economy for...
Oil Prices Decline on Fears of Economic Slowdown
On Tuesday, Oil prices edged lower on fears of an economic slowdown and lower fuel demand from China as it persists with its strict zero-COVID...
Oil Drops on Fears of Global Recession, China COVID Burst
On Tuesday, oil prices dropped about 2 per cent, extending the previous session’s almost 2 per cent decline, as recession fears and a flare-up in...
Oil prices Slip as USD Strengthens, China’s Covid-19 Grief Reduces Demand
Oil prices fell on Tuesday to extend 2% losses in the previous session amid a stronger US dollar, and a rise in COVID-19 cases in...
Oil Climbs Nearly $4 as OPEC+ Weighs Largest Output Cut Since 2020
On Monday, oil prices climbed almost USD 4 as OPEC+ considers decreasing output by more than 1 million barrels per day (BPD) to buttress prices...