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oil minister, hardeep singh puri
Indian oil minister hopes global oil prices will come down
India's oil minister hopes that global oil prices will come down despite geopolitical tensions as more supplies are coming into the market. There is no shortage of oil in the world as more supplies are coming into the market from countries such as Brazil and Guyana,
Global oil prices should hopefully come down, says Oil Minister Puri
Minister Puri expects international crude oil prices to decrease due to ample supply, geopolitical tensions, and weakening demand.
Oil minister Hardeep Singh Puri hopes global oil prices will come down
India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri, expressed optimism that global oil prices will decrease despite ongoing geopolitical tensions, citing increased supply from countries like Brazil and Guyana.
Middle East, Oil
Oil rises as Middle East war rages and global supplies tighten
Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. Brent crude futures for December settlement were up $1.
Oil Extends Gains Amid Middle East Tensions, Chinese Stimulus
Oil extended gains after Israeli strikes on Lebanon. Prices were are also supported by Saudi Aramco’s CEO reportedly saying he is fairly bullish on China demand in light of stepped-up policy measures.
Oil Futures Gain on Middle East Risk Premium
Oil futures extend their recovery for a second session with attention on conflicts in the Middle East, with supply and demand concerns remaining in the background. "Drivers behind today's larger-than-
8h
on MSN
China and the global South will not save ‘big oil’
Opec has cut its oil demand forecast for the last three months in a row. This is becoming a ritual. Not even the most ...
Crude Oil Prices
8h
Aramco CEO: Global South Will Drive Oil Demand for Decades
Saudi Aramco CEO Amin Nasser expresses optimism about China's oil demand and warns against underestimating future global oil ...
12h
The Oil Industry’s Future Hangs In The Balance Of The Election
As U.S. crude oil and gas production nears a potential peak, the outcome of the 2024 presidential election could decide the ...
7h
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
Crude Oil Prices
2d
Oil Is Still Not Out of The Woods
One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...
1d
IEA Says Oil Demand Growth Weakness to Continue on China and EVs
Global oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, ...
1d
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
7d
on MSN
Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens
Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report ...
Opinion
12d
Opinion
Iran can no longer blackmail global oil markets
Iran no longer has the ability to hold the global oil markets at risk. U.S. production and Iran's declined output are ...
8d
OPEC Cuts Global Oil Demand Growth Forecasts for Third Consecutive Month
OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly ...
The Boston Globe
7d
Shift toward EVs, particularly in China, could disrupt global oil market, energy report says
An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the
global
oil
market, ...
2h
on MSN
Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among ...
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