Crude oil prices saw a slight increase on the first trading day of 2026, following their sharpest annual fall since 2020. The uptick is driven by renewed geopolitical tensions, including Ukrainian drone strikes on Russian oil facilities and fresh US sanct
The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.
Crude oil prices are on track for their steepest annual decline since 2020, with a 20% drop this year. Key factors include a looming surplus, OPEC's upcoming meeting, and geopolitical tensions. Read the full analysis.
India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.
Brent crude surged 2.1% to $61.94 as geopolitical risks from Russia-Ukraine conflict and Yemen instability threaten supply. Key market drivers and price outlook analysed.
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
Oil prices rose over 0.9% in early Asian trading as Middle East tensions and Russia-Ukraine conflict fueled supply disruption fears. Key details on price movements and analyst insights inside.
Crude oil prices fell sharply as oversupply fears dominate. Investors watch Ukraine-Russia peace talks for impact on sanctions and global markets. Read the full analysis.
Oil prices gained as US economic pressure on Venezuelan shipments and airstrikes in Nigeria added to supply risks. Brent crude rose to $62.48. Get the full analysis of 2024's market trends.
A Venezuela-linked oil tanker evades capture as US Coast Guard awaits specialised teams, revealing limits of sanctions enforcement at sea. Read the full analysis.
The Trump administration escalates pressure on Venezuela by seizing sanctioned oil tankers. A new legal strategy aims to cripple the global black market for crude, impacting US adversaries. Read the full analysis.
Reusing deep-fried oil is common, but how many times is safe? A dietetics expert explains the chemical dangers, safe reuse limits, and long-term health risks like diabetes and heart disease.
The US Coast Guard seizes a vessel off Venezuela, enforcing Trump's blockade on sanctioned oil tankers. Venezuelan exports plummet as military pressure escalates. Read the full report.
The US has seized a crude oil tanker near Venezuela for violating sanctions. This marks the second such action in weeks, intensifying pressure on Maduro's regime. Read more on the escalating maritime enforcement.
US President Trump's blockade on Venezuelan oil tankers is expected to have little effect on global crude prices due to a two-tiered market and ample supply, says Kpler. Read the full analysis.
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
Global oil prices fell for a second day as weak demand and rising US inventories weigh on markets. Investors eye Ukraine peace talks for signs of Russian supply changes. Brent crude trades at $62.32 a barrel.
Global oil surplus could push prices lower in 2026, but geopolitical tensions from Ukraine to Venezuela may provide a floor. Experts analyse OPEC's role and market balance.
OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.
Crude oil prices declined as Ukraine-Russia peace negotiations continue. All eyes on upcoming OPEC meeting for output decisions. Get latest market updates.
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
Global oil prices decline on expectations of Ukraine-Russia ceasefire unlocking Russian supply. Brent crude drops to $62.92 amid thin Thanksgiving trading. Read latest market analysis.
Oil prices recover from one-month low as White House signals optimism about Russia-Ukraine peace deal. WTI gains 1.2% amid market volatility. Read latest analysis.
BPCL, HPCL, and IOC shares surged up to 3% as Brent crude fell to $61, boosting OMC margins. Peace talks between Ukraine and Russia could further impact oil markets. Learn how this affects investors.
Oil prices climbed on Wednesday after a recent slide, but gains were capped by an expected supply glut in 2026 and potential Russia-Ukraine peace deal. Key market analysis inside.
JPMorgan predicts Brent crude could fall to $30 by 2027 due to market oversupply. Discover what this means for India's economy and global oil dynamics.
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
Crude oil prices declined Tuesday, erasing Monday's gains amid Ukraine-Russia peace negotiations. MCX crude traded flat at ₹5,236/barrel while global benchmarks showed modest gains. Expert analysis included.
Crude oil prices plunged to one-month lows as US peace efforts could boost Russian oil exports. Brent fell to $62.33, WTI to $57.83. Market watches sanctions and Fed rates.
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.