Global Glut News

Market

Oil prices fall as banks cut price forecasts

Benchmark Brent crude was down 30 cents at $46.58 a barrel by 3.15pm. US crude was 25 cents lower at $44.15

1 min read11 Jul 2017
Market

Crude posts best week since March

Crude oil rose back above $50 a barrel to a one-month high on growing confidence that Opec will maintain its efforts to diminish a global glut

1 min read22 May 2017
Market

Oil prices head for biggest weekly gain in 2017 with eyes on Opec deal

While futures in New York were little changed on Friday, crude oil prices are up 4.7% this week after climbing back above $50 a barrel

2 min read31 Mar 2017
Market

Oil declines as rising US crude stockpiles expand global glut

Oil is up about 12% in March after rebounding from a 12-year low last month amid speculation the global surplus will ease as US output declines

2 min read31 Mar 2016
Industry

Relief from global wheat glut comes as USDA cuts India crop

The crop in India will be 8.65 crore tons, down from last month's forecast of 8.89 crore

2 min read10 Mar 2016

Popular 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

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles