Search For "global oil market"
Iran's absence in oil market likely to be offset by global oversupply: Car
Updated : 6 days, 8 hours ago IST
Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against potential supply disruptions, according to a report by CareEdge.
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Indian Railways' electrification drive acts as a safeguard against oil sup
Updated : 1 week, 1 day ago IST
Indian Railways has undertaken electrification of its network in mission mode over the last decade, significantly reducing its dependence on imported diesel. As a result, 99.4% of the Broad Gauge (BG) railway network has now been electrified, marking one of the largest infrastructure tran
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"Need to secure threats in Strait of Hormuz": French Air Force Maj Gen on
Updated : 1 week, 1 day ago IST
Deputy to the Chief of the Air and Space Force Staff in the French Air Force, Major General Dominique Tardif, on Friday stressed the need to address security threats in the Strait of Hormuz amid the ongoing West Asia conflict, saying international cooperation would be essential to tackle the
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US strikes on Venezuela unlikely to impact oil market: Ex Chief Economic A
Updated : 2 months, 1 week ago IST
There is not much impact on the global oil market due to the recent US strikes on Venezuela, stated former Chief Economic Adviser Arvind Subramanian in a conversation with ANI.
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Crude oil prices to remain low in 2026 due to surplus production and suppl
Updated : 2 months, 2 weeks ago IST
Global crude oil prices are expected to remain under pressure in 2026 as the global oil market is likely to face a sustained supply surplus, according to a report by ING Bank, a global banking and financial services major.
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Russian crude curbs, lower oil prices to shape earnings outlook for IOC, B
Updated : 2 months, 3 weeks ago IST
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
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Trump's decision to raise tariffs on India unjustified and ignores market
Updated : 7 months, 1 week ago IST
US President Donald Trump's claim that India is buying massive amounts of Russian oil and selling it on the open market for big profits "is factually incorrect and misleading," think tank GTRI has said, noting that a key reason New Delhi stepped up Russian oil purchases was to help stabil
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EU Envoy to India clarifies sanctions on Russia, says no disruption to glo
Updated : 7 months, 4 weeks ago IST
The European Union's recent sanctions on Russian oil, energy, banking and defence industries are aimed at degrading Moscow's "war economy" while preserving global oil market stability, said Ambassador of the Delegation of the European Union to India Herve Delphin on Saturday.
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S&P Global warns geopolitical tensions may hit global oil demand
Updated : 8 months, 2 weeks ago IST
The latest report by S&P Global highlights that geopolitical tensions and shifting trade policies could potentially have a negative impact on the global oil demand.
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Crude prices to ease amid de-escalation of geo-political issues, supply su
Updated : 8 months, 3 weeks ago IST
Global crude oil prices are likely to see downside, weighed down by the de-escalation of the Israel-Iran conflict, soft demand and increasing supply, revealed a latest research report by ICICI Bank.
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India to be key player in framing global energy dynamics: S&P Global C
Updated : 9 months, 3 weeks ago IST
India is expected to play an integral role in global energy dynamics, as the country emerges as a source of energy demand optimism, overpowering the headwinds faced by the global oil markets, S&P Global Commodity Insights said on Wednesday.
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Despite OPEC+ supply cut, global oil market will be in surplus during 2025
Updated : 1 year, 2 months ago IST
This surplus, though modest, is expected to exert downward pressure on oil prices, with Brent crude likely to average around USD 71 per barrel next year.
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