demand concerns
Russia Remains Top Oil Source For India, Despite Red Sea Woes
Economy International News

Oil Slips Despite Middle East Tensions, China’s Economic Concerns

Oil prices dipped on Monday in choppy trade as China’s ailing property sector sparked demand worries while rising tensions over the weekend in the Middle East intensified oil supply concerns. Brent crude futures were down 62 cents to USD 82.93 a barrel by 1430 GMT while US West Texas Intermediate crude futures were down 59 […]

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Oil Companies May Reduce Petrol, Diesel Prices Soon
News

Oil Prices Rise On Tight Supply Outlook As Russia Bans Fuel Exports

Investors are focusing on a tighter supply outlook as oil prices rose on Monday. This comes after Moscow issued a temporary ban on fuel exports while remaining cautious about further rate hikes that could dampen demand. Brent crude futures increased by 0.5 per cent, or 48 cents, to USD 93.75 a barrel by 0110 GMT […]

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