Oil Prices News
Crude oil logs biggest weekly gain since January on US sanctions, OPEC+ group cuts: Brent gains over 2% in five days
Crude oil prices: Oil was supported by the new OPEC plan for seven members to cut output to compensate for producing more than agreed levels. The plan would represent monthly cuts of 189,000 bpd and 435,000 bpd until June 2026.
3 min read22 Mar 2025Oil prices rise for second consecutive week on expected tighter supply
GLOBAL-OIL:Oil prices rise for second consecutive week on expected tighter supply
2 min read22 Mar 2025US Fed meeting: How will FOMC meeting impact gold and crude oil prices?
The outcome of the March FOMC meeting will have a direct impact on gold and crude oil prices , primarily through its influence on interest rates, the U.S. dollar, and inflation expectations.
2 min read19 Mar 2025Crude oil outlook: Goldman Sachs lowers Brent year-end forecast by $5 on subdued demand, higher OPEC+ supply
Crude oil outlook: Goldman Sachs expects crude oil demand growth of 0.9 million barrels per day in 2025, down from 1.1 mb/d previously, incorporating slower US GDP growth on higher tariffs
2 min read18 Mar 2025The Trump effect hits oil. Uncertainty is weighing on prices.
Talk of $50 oil has analysts concerned.
4 min read17 Mar 2025Oil prices to remain around $70-75 per barrel, says Emkay
Oil prices increased slightly due to a weaker dollar, with Brent crude at USD 69.69 and WTI at USD 66.38 per barrel. However, concerns over economic slowdowns and trade tariffs limited gains, keeping prices within a stable range of USD 70 to USD 75 per barrel.
2 min read12 Mar 2025Brent logs biggest weekly loss in 4 months, US WTI crashes 4%: Goldman Sachs eyes downside risk ahead of OPEC+ supply
Brent was down 3.8 per cent, its biggest weekly decline since the week of November 11, almost four months. US WTI finished down 3.9 per cent, its biggest weekly drop since the week of January 21.
5 min read8 Mar 2025JM Financial expects oil prices to stabilise around $70; favours ONGC, Oil India over OMCs
JM Financial expects Brent crude to stabilize around USD 70 per barrel, favoring upstream oil firms like ONGC and Oil India over oil marketing companies due to concerns about refining margins and capital expenditures.
4 min read7 Mar 2025Paint stocks surge up to 5% as Brent crude prices hit 3-year low; Asian Paints among lead gainers
Shares of Kamdhenu Ventures jumped 5% to ₹11.20 apiece. Asian Paints also climbed 3.1% to ₹2,231 apiece. Berger Paints (India) saw its stock rise 3.6% to ₹501 per share, while Kansai Nerolac Paints and Akzo Nobel India experienced gains of 2.6% and 3.5%, respectively.
3 min read6 Mar 2025Oil extends losing streak for third straight day on Trump tariffs, OPEC+ hike: Brent at six-month low, WTI drops 4%
Oil Prices Today: The Brent crude benchmark sits at a six-month low below the $70 per barrel-mark. The OPEC+ cartel will increase its production by 138,000 barrels per day from April.
2 min read5 Mar 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