Trending:
July 11, 2026, 10:51 AM - 2 min read
The drop is expected to amount to around 1 million barrels per day in 2026, owing to higher prices and supply disruptions triggered by the US-Iran war, the report from the agency said on Saturday.
Read more
July 10, 2026, 11:22 AM - 2 min read
The ongoing conflict in Iran has delayed the complete reopening of the Strait of Hormuz, a critical passage for more than 20 per cent of global oil trade. Further disruption to the waterway could tighten global energy supplies.
Read more
July 9, 2026, 09:16 AM - 2 min read
Oil prices are expected to gain momentum in the coming days, as both Iran and the United States announced fresh restrictions and a naval blockade in the Strait of Hormuz.
Read more
July 3, 2026, 09:09 AM - 2 min read
This is the first time that prices have stayed below $72 a barrel for a week since the war broke out on February 28.
Read more
July 2, 2026, 07:04 PM - 3 min read
The minister said that if lower international crude prices are sustained for the next two to three months, oil marketing companies would have greater flexibility to consider reducing petrol and diesel prices.
Read more
July 2, 2026, 09:07 AM - 2 min read
Brent Oil Futures for August delivery had yet to begin trading. Senior US officials said that negotiations with Iran were progressing well, although discussions are in the early stages. This reduced fears of immediate escalation that could disrupt crude exports from the Gulf.
Read more
June 29, 2026, 10:28 AM - 2 min read
The gains were modest, but the direction was critical for import-dependent countries like India, Japan and South Korea, which primarily rely on supplies coming through the Strait of Hormuz.
Read more
June 26, 2026, 09:06 AM - 2 min read
According to the latest market data, crude prices rose nearly 4% on Thursday after the International Maritime Organization stopped its evacuation efforts in the critical waterway.
Read more
June 25, 2026, 09:39 AM - 2 min read
According to the latest market data, Brent crude oil prices have fallen at least 8.5 per cent over the last five trading sessions.
Read more
June 23, 2026, 10:04 AM - 2 min read
Crude oil prices remained subdued after positive developments emerged from the US-Iran peace negotiations in Switzerland.
Read more
June 20, 2026, 09:21 AM - 2 min read
The wave of attacks, which defy the US-Iran peace memorandum, has triggered fresh uncertainty in oil-dependent economies.
Read more
June 19, 2026, 09:35 AM - 2 min read
According to shipping sources, oil tankers are now smoothly passing through the Strait of Hormuz, a critical waterway that handles nearly one-fifth of global oil trade.
Read more