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Oil prices not rising despite Middle East tensions as demand wanes
When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle...
Does OPEC+ need to worry about oil shortfalls?
The oil producer group known as OPEC+ keeps trumpeting its flexible approach to balancing the global oil market. As prices test $80 a barrel, that...
Petrol, diesel prices unchanged for 19th consecutive day
Oil marketing companies (OMC) continued to pause fuel price revision for the nineteenth consecutive day on Thursday as wait and watch continues amid...
Why oil market bulls are right about summer?
New York City is reopening and planning a big ad campaign to attract visitors; Londoners are getting out; All means a big boost for oil demand