US Stocks Surge as Oil Prices Decline Following Trump’s Decision to Abandon Iran Strike Threat
US stocks are climbing, and oil prices are declining on Thursday after President Donald Trump announced he has halted his threat to strike…
Gulf Oil anticipates exceeding the growth rate of the lubricant sector in FY27.
Ravi Chawla, Managing Director and CEO of Gulf Oil Lubricants India, stated that the company anticipates growing at two to three times the…
Oil prices increase as Trump warns of possible new strikes on Iran.
Oil prices spiked on Wednesday, June 10, following a warning from US President Donald Trump about possible military actions against Iran. This…
Russian Urals Oil Trades at Discount as Asian Demand Declines, Sources Report
Russian Urals crude has shifted to a discount compared to dated Brent at Indian and Chinese ports, as declining demand from Asian refiners…
OPEC+ Approves Fourth Increase in Oil Production Quota Since Hormuz Closure
OPEC+ reached an agreement on Sunday to implement a fourth increase in its oil output targets over the last four months, despite the ongoing…
Markets Anticipate MPC Decision as Inflation and Oil Price Worries Persist
RBI MPC meet June 2026 LIVE updates: Governor Sanjay Malhotra of the Reserve Bank of India will reveal the MPC decision on June 5, as markets…
Trump “is indifferent” to the potential collapse of negotiations as oil prices rise sharply.
The West Asia conflict took several unexpected turns overnight, as Donald Trump expressed he “couldn’t care less” about the…
Oil prices ease as traders anticipate a US-Iran truce renewal.
Oil prices declined as the US and Iran tentatively agreed to extend a ceasefire for 60 days, raising hopes that the Strait of Hormuz might…
Crude Oil Prices Decline as US-Iran ‘Truce’ Continues; Brent Faces Largest Monthly Drop Since 2020
After a tentative agreement was reached between the US and Iran to extend a truce for 60 days, allowing shipments through the Strait of Hormuz…
New US Strikes on Iran Drive Oil Prices Over $90
Oil prices increased in early Asian trading following new US strikes on an Iranian military location near Bandar Abbas and the interception of…