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Oil prices edge up after...

SINGAPORE: Oil prices inched up on...

Output: ONGC net slips 20%...

NEW DELHI: Flagship explorer ONGC recorded...

Oil prices edge up after OPEC says market fundamentals are strong

SINGAPORE: Oil prices inched up on Tuesday after an OPEC report said market fundamentals remained strong and due to concerns supplies might be disrupted as the US cracks down on Russian oil exports. Brent crude futures rose 33 cents, or 0.4%, to $82.85 a barrel by 0113 GMT US WTI crude futures were also up 33 cents, or 0.4%, at $78.59 a barrel.In its monthly report, the Organization of the Petroleum Exporting Countries blamed speculators for a recent drop in prices.It also slightly raised its 2023 forecast for...
Karl Jörg -
Business Profiles

Oil prices edge...

SINGAPORE: Oil prices inched up on Tuesday after an OPEC report said market fundamentals remained strong and due to concerns supplies might be...
Karl Jörg -
Business Profiles

Output: ONGC net...

NEW DELHI: Flagship explorer ONGC recorded a 20% decline in its second quarter net profit at Rs 10,216 crore compared to Rs 12,826...
Karl Jörg -
Business Profiles

More EMI pain...

EMIs set to go up further? Global markets are closely watching the tense geopolitical situation in Europe and the Middle East. There have...
Karl Jörg -
Business Profiles

Oil Prices: Oil...

LONDON: Oil prices rose around 1% a barrel on Friday as investors priced in fears of an escalation of conflict in the Middle...
Karl Jörg -
Business Profiles

Warren Buffett bets...

Investor Warren Buffett has now joined the recent oil-buying spree with his Berkshire Hathaway resuming its purchases of Occidental Petroleum stock after a...
Karl Jörg -
Business Profiles

Oil dips after...

SINGAPORE: Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving up some...
Karl Jörg -
Business Profiles

Robert Harvey: Oil...

NEW YORK: Oil prices were on track on Friday to post their steepest losses in a week since March, after another partial lifting...
Karl Jörg -
Business Profiles

Oil Prices: Oil...

HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session's nearly 6% losses, as an uncertain demand outlook overshadowed an Opec+...
Karl Jörg -
Business Profiles

Oil prices a...

NEW DELHI: The government is comfortable with its estimate of 6.5% growth for 2023-24 but the recent surge in global crude oil prices...
Karl Jörg -
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