Crude oil prices may surge to USD 80 per barrel

Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the...

'India’s oil imports from Russia helped global markets stabilise'

Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped...

Oil prices likely to stabilize near USD 65 as ceasefire announced

Crude oil prices are now expected to remain around USD 65 per barrel after US President Donald Trump announced a...

Israel-Iran tensions could widen India's CAD by 0.3% of GDP

If the heightened tension in West Asia pushes average crude prices by USD 10 per barrel, it will typically push up...

Brent crude prices to remain at USD 70/bbl in FY26

Despite recent volatility and rising conflicts between Israel and Iran, Brent crude oil prices are expected to...

Surge in oil prices amid middle east tensions poses challenges

Indian airlines are facing renewed pressure on profitability as escalating tensions in the Middle East threaten to...

Surge in crude prices poses risk to India’s CAD

Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD...

India has adequate energy supplies, says Union Minister Puri

The oil supply update by the minister attaches importance, given that the international oil prices shot up sharply...

Global crude prices to trade with a downward bias in 2025

Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.

Oil companies losses on LPG expected to decrease by around 45%

LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if...

Global oil market will be in surplus during 2025

This surplus, though modest, is expected to exert downward pressure on oil prices, with Brent crude likely to...

OMCs’ operating profit to drop by 30% in FY25: Crisil

Oil marketing companies (OMCs) will see operating profit drop to USD 12-14 per barrel in fiscal 2025 from USD 20 per...