Equita analyst Massimo Bonisoli explained why oil prices were rising even as OPEC+ pledged to increase supply. Both the Brent ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate (CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude (BZ=F), the ...

Brent crude futures fell 35 cents, or 0.5%, to $66.64 a barrel by 0810 GMT, while U.S. West Texas Intermediate crude dropped 33 cents, or 0.5%, to $63.15.

India's largest refiner, Indian Oil Corporation Ltd, chose Middle Eastern and West African crude over US crude in its recent ...

Oil prices have broken three-week losing streak, steadied by a steep drawdown in crude stocks and uncertainty over a peace deal between Russia and Ukraine. West Texas Intermediate rose four of five ...

In global markets, Brent crude went up 52 cents to reach USD 66.02 pb while West Texas Intermediate rose 39 cents to reach ...

Oil closed unchanged after a choppy session as investors assessed whether a prospective deal by the US and Russia to halt the war in Ukraine would receive international support and materially affect ...

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