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Latest from brent crude

India’s crude import price falls below $70 per barrel, a first since August 2021

Lower crude oil import prices have raised hopes for lower petrol and diesel rates, enhancing macroeconomic stability amid global price declines.

Oil tanker trucks outside an oil refinery operated by Bharat Petroleum Corp. Ltd., in Mumbai, India, on Friday, April 4, 2025. Indian refiners have rushed back to the market to seek crude supply after President Donald Trump's threat of more penalties against Russia raised concerns over potential disruptions to oil flows.(Bloomberg file)
Updated on Apr 15, 2025 06:03 AM IST
ByRajeev Jayaswal, New Delhi

Global oil prices fall as Donald Trump’s wide-ranging tariffs threaten demand

Trump said he will apply a minimum 10% tariff on all exporters to the US and impose additional duties on around 60 nations with the largest trade imbalances.

West Texas Intermediate declined as much as 3.3% to $69.38 a barrel, tracking a slump in wider markets.(Representational Image/Unsplash)
Updated on Apr 03, 2025 08:35 AM IST
Bloomberg |

Why crude prices could be immune to Trump upheaval

Opec’s expert orchestration of the flow of barrels into the market, read alongside the increased production in non-Opec countries, will ensure steady oil prices

Opec+, which includes Russia, is a key element of price stability (PTI)
Published on Mar 12, 2025 07:16 PM IST
ByShreerupa Mitra

Crude oil prices fall over Chinese inflation dip

Crude was hit by the escalating global trade war, plans by OPEC and its allies to increase production, and talks to end the three-year war in Ukraine.

Brent Crude traded close to $70 a barrel after touching a new low since 2021 last week, while WTI Crude was below $67.(Representational Image/Unsplash)
Published on Mar 10, 2025 05:43 PM IST

Asian stocks slide, oil climbs on Russia sanctions: Markets wrap

Stocks and bonds slid in Asia following Friday’s stronger-than-expected US jobs data, while oil climbed to a four-month high amid sanctions on Russia.

US stock market to close on January 9, declared as Jimmy Carter's national day of mourning.(Michael Nagle/Bloomberg)
Published on Jan 13, 2025 10:03 AM IST
Bloomberg | | Posted by Aditi Srivastava
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