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Articles for Oil Prices

Oil Slides 6% After Limited Israeli Retaliatory Attack On Iran

The benchmarks gained 4 per cent last week in volatile trade as markets priced in uncertainty over the looming US election and the extent of Israel's expected response to the Iranian missile attack on 1 October

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Oil Prices Slip Amid Recession Concerns, Easing Geopolitical Tensions

Crisil Ratings says that recession fears and slack demand cull crude amid lower geopolitical tensions

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Israel To Retaliate Within Days, Could Target Oil Production In Iran: Report

Iran said on Tuesday that it would launch another attack if Israel used force in response to the approximately 200 missiles it fired

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Oil Slips With Brent Staying Below $80 On China Demand Concerns

Both benchmarks fell nearly 2 per cent last Friday as investors tempered their Chinese demand growth expectations

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Oil Prices Up On Hopes Of US Rate Cuts Boosting Fuel Demand

Both benchmarks fell more than 1 per cent on Wednesday after US crude inventories rose unexpectedly and on easing worries about a wider Middle East conflict

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Opec+ Extends Deep Oil Output Cuts Deep Into 2024

Currently, oil prices hover around USD 80 per barrel, a figure insufficient for many Opec+ members to achieve budgetary balance

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