Oil surges past $110 as US-Israel strikes on Iran trigger supply shock
The crude oil market has been thrust into turmoil over the past 10 days, with prices climbing at a pace rarely seen outside of full-blown supply crises.
West Texas Intermediate
The latest West Texas Intermediate news, analysis and data from India and across Asia, reported by Energy Asia.
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LPG price hiked by ₹15 per cylinder
Cooking gas LPG price on Wednesday was hiked by ₹15 per cylinder in line with a surge in international fuel prices. Rates of both subsidised and…
Crude oil futures dip on weak demand
Crude oil prices on Tuesday fell by Rs 61 to Rs 5,010 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil…
Crude Oil increases towards $72 on demand prospects
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19…
Brent crude above $71/bbl amid tightening market
Crude oil prices surged on Wednesday with the Brent crude trading above the $71 per barrel after OPEC projected demand improvement and tightening of the market.