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Nifty and Sensex dip post-Muhurat rally; experts blame THESE global factors
The Indian stock market opened lower on Monday, with Nifty 50 and BSE Sensex both declining.
Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.
ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…
Catherine Boudreau,Jacob Zink…
Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much
Prince Abdulaziz bin Salman said OPEC members are ignoring their quotas.
Filip De Mott
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…
Jennifer Sor
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …
Jennifer Sor
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …
Filip De Mott
Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …
Jennifer Sor
Oil oversupply could send prices tumbling in 2025, energy analyst says
Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearl…
Jennifer Sor
Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's B…
Filip De Mott
Putin backs OPEC production cuts but warns of losing oil-market share to the US
Putin backed the production cuts, but said the output is dropping "while it grows in other countrie…
Yuheng Zhan
OPEC+ extends major oil production cuts until 2025 to stabilise market
Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …
ANI
Why oil prices have plunged 3% today
Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…
Filip De Mott
Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says
Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…
Kelly Cloonan
Russia's oil revenue has plunged as global crude prices tumble
Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…
Jennifer Sor
The world is 'far off' from peak oil amid strong demand, OPEC chief says
Robust demand from countries like India, which is showing "phenomenal economic growth," mean peak o…
Aruni Soni
Why oil prices have cratered to their lowest level in nearly 3 years
The demand outlook for oil is weakening as recession concerns mount in the US and China's future lo…
Matthew Fox
OPEC slashed oil production last month as the group kicks off plan to boost sagging prices
OPEC+ scaled back oil output by 490,000 barrels a day last month, Bloomberg reported, with half of …
Yuheng Zhan
Russia undermines its pledge to OPEC+ as crude oil and fuel exports jump
Despite Moscow's pledges to curb exports, Russia's energy outflows have boomed in recent weeks.
Filip De Mott
Here's why OPEC's production cuts haven't boosted the price of oil
Oil demand is uncertain at a time when supply is rising both from countries within OPEC+ and from p…