Opec News
Crude oil logs first weekly gain since mid-April on US-China trade talks; Brent sits at $63, WTI gains 4% in five days
Crude oil has posted a weekly gain after the US and China renewed trade discussions and OPEC+ limited its output in April. Brent crude futures rose $1.07, or 1.7 per cent, to settle at $63.91 a barrel
2 min read10 May 2025Oil prices rise on support from US-China trade hopes
GLOBAL-OIL:Oil prices rise on support from US-China trade hopes
1 min read8 May 2025Counter-intuitive: Why Opec wants lower oil prices
The answer goes beyond Opec leader Saudi Arabia’s need to punish over-producers of oil like Kazakhstan and Iraq. With Trump set to visit Riyadh, the decision may have geopolitical motives too.
4 min read7 May 2025Let retail fuel prices drop to support India’s growth
It’s unclear why Opec is pushing oil prices down through enhanced supply, but the cartel’s shift in stance could give India an opportunity to cheapen fuel refills and thus grant its central bank more space for monetary policy easing.
3 min read7 May 2025Oil Falls as OPEC Weighs Another Major Production Increase
Oil slumped as OPEC discussed making a second major production increase, inflaming concerns about swelling global supplies that have dragged down crude prices this year.
2 min read3 May 2025Exxon Mobil first quarter profits sink to lowest level in years as energy prices fade
Exxon Mobil first quarter profits sink to lowest level in years as energy prices fade
2 min read2 May 2025Oil prices rise as China says its open for trade talks with US
GLOBAL-OIL/:Oil prices rise as China says it's open for trade talks with US
1 min read2 May 2025Oil prices take breather after selloff on supply worries
GLOBAL-OIL/ (CORRECTED):CORRECTED-Oil prices take breather after selloff on supply worries
1 min read1 May 2025Oil Set for Historic April Selloff as Trade War Darkens Outlook
Oil headed for the worst April performance on record on signs that the US-led trade war is hurting economic growth and energy demand, and as an industry group flagged a rise in crude stockpiles.
1 min read30 Apr 2025Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook
GLOBAL-OIL:Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook
2 min read30 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