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.
Crude oil prices declined as Ukraine-Russia peace negotiations continue. All eyes on upcoming OPEC meeting for output decisions. Get latest market updates.
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 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.
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.
Global crude oil markets experience significant oversupply, particularly in the Americas. US exports hit highest since July 2024, while market structure indicates weakening demand. Read analysis.
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
A Russian crude oil carrier heading to India abruptly reversed course in the Baltic Sea, signaling potential disruption in global oil trade patterns after new Trump administration sanctions.
India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.
Severe Cyclone Michaung barrels toward Andhra Pradesh coast with Kakinada in its crosshairs. IMD issues red alert, evacuation operations underway as coastal districts brace for impact.
Heavy monsoon rains wreak havoc across Gujarat, leading to dramatic rescue operations and high-level government response. CM Bhupendra Patel sends four ministers to assess damage in worst-affected regions.
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
Odisha launches massive evacuation operation as Cyclone Mocha intensifies, moving 3000+ residents to safety. IMD issues alerts for coastal districts with heavy rainfall warnings.
Severe cyclonic storm Mocha approaches eastern India with heavy rains and strong winds. IMD warns coastal districts to brace for impact as evacuation preparations begin.
Andhra Pradesh braces for Cyclone Mocha's impact as heavy rainfall lashes coastal districts. Authorities issue high alert, evacuate vulnerable areas, and deploy disaster response teams.
Kerala battles severe monsoon fury with two casualties reported. Orange alert issued in five districts as heavy rainfall causes widespread disruption across the state.
Heavy monsoon rains wreak havoc in Kerala, claiming two lives and prompting IMD to issue orange alerts across five districts. Latest weather updates and safety advisories.
Severe Cyclone Mocha brewing in Bay of Bengal triggers pre-emptive school holidays across multiple states as IMD issues heavy rainfall alerts. Stay updated on weather developments.
Cyclone Remal intensifies over Bay of Bengal, set to unleash heavy rains across multiple West Bengal districts including Kolkata, North and South 24 Parganas. IMD issues orange alert with landfall expected between Sagar Island and Khepupara.
Cyclone Mocha gains strength over Bay of Bengal, set to bring heavy to very heavy rainfall across West Bengal districts. IMD issues alerts for coastal areas as storm approaches.
Cyclone Mocha rapidly intensifies into severe cyclonic storm, triggering red alerts across Andhra Pradesh, Odisha, and Tamil Nadu. IMD warns of extremely heavy rainfall, storm surges up to 1.5 meters, and evacuation orders in coastal districts.
Heavy monsoon rains wreak havoc in Gujarat's Rajula town, Amreli district, leading to dramatic rescue operations as nearly 60 people are saved from flood-like situations. Read about the rainfall disruption and emergency response efforts.
Florida faces severe flash flooding with viral videos showing submerged roads in Boca Raton and Eustis. Lake County and Pine Meadows experience torrential downpours causing widespread disruption.