Crude Oil Prices News
BPCL, HPCL, Indian Oil shares get bearish calls from analysts despite falling crude oil prices. Here’s why
Analysts remain bearish on Indian OMC stocks despite falling global crude prices. They anticipate unsustainable auto fuel marketing margins due to potential government excise duty hikes and risks from LPG under-recoveries. JM Financial has a ’Sell’ rating on HPCL, IOCL, and a ’Hold’ on BPCL.
3 min read22 Apr 2025Crude oil prices fall over 1% after progress in US-Iran talks, Russia-Ukraine truce
Crude oil prices have declined sharply this month, touching a four-year low at one point. Trading volumes in crude futures may be lower than usual in Monday’s session, with some countries observing holidays to mark Easter.
1 min read21 Apr 2025OPEC slashes 2025 global demand growth forecast on Trump tariff-impact: Where is crude oil headed now?
OPEC said in its monthly report that the world oil demand will rise by 1.30 million bpd in 2025, down 150,000 bpd from last month’s forecast.
2 min read14 Apr 2025OPEC cuts oil demand outlook amid US tariff hit despite output hike
The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise decision to boost output, citing the impact of US tariffs on the global economy and crude consumption.
2 min read14 Apr 2025Crude oil outlook: Brent nears $65 on Iran export cuts, dips 8% in a month; Key technical range for MCX
Crude oil outlook: Brent crude futures settled at $64.76 a barrel, up $1.43, or 2.26 per cent. US West Texas Intermediate crude finished at $61.50 a barrel, up $1.43 or 2.38 per cent.
2 min read12 Apr 2025Oil hits four-year low on US-China trade war, Brent, WTI slump 16% in one week: How to place bullish bets on MCX crude?
Crude oil prices plunged seven per cent on Wednesday to hit a fresh four-year low, with Brent futures down $2.47, or 3.9 per cent, to $60.35 a barrel amid the ongoing US-China tariff war.
4 min read9 Apr 2025Crude oil prices hit four-year low on recession fear, Trump’s tariffs, Saudi Arabia’s rate cut
Crude oil price: Following tariff announcements by Trump and rate cuts from Saudi Arabia, crude oil prices plummeted to their lowest levels in over four years
3 min read9 Apr 2025Crude oil prices could sink below $40 under ‘extreme’ conditions, predicts Goldman Sachs
Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise.
1 min read8 Apr 2025Mint Primer: Donald Trump has tanked oil prices too
In the space of just 12 months, Brent Crude has declined by as much as 29%.
2 min read8 Apr 2025Goldman Sachs slashes crude oil price target by 5.5% amid tariff woes after Brent, WTI hit four-year low on OPEC+ supply
Goldman Sachs cut its 2026 average price forecast for Brent by nine per cent to $62 and WTI by 6.3 per cent to $59. It warned that the new estimates could be lowered further.
4 min read5 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared