Brent crude has climbed above $100 per barrel amid rising West Asia tensions, raising concerns over inflation and India’s import bill.Petrol, diesel and LPG prices remain unchanged for now, but prolonged high oil prices could increase costs across the economy. Highlights Story Rising geopolitical tensions in West Asia have pushed...
Crude prices eased after OPEC+ announced another output hike from August, raising expectations of higher global supply. Highlights:• Brent crude fell to $71.70 per barrel• WTI crude slipped to $68.44 per barrel• OPEC+ to raise output targets by 188,000 barrels per day• Gulf exports and Russian shipments are improving• Traders...
Petrol and diesel prices remained unchanged on July 5 despite falling global crude oil rates. Key Highlights Story Petrol and diesel prices remained stable across India on Sunday, July 5, even as global crude oil prices continued to soften. Despite Brent crude slipping near a four-month low, state-run Oil Marketing...
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