Category : Search result: crude bomb


Indian Oil Price Drops Below $60/Barrel

India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.

Oil falls on Venezuela supply hopes, Brent at $61.62

Oil prices declined as markets anticipate increased Venezuelan crude output post-US action. Analysts see potential for 500,000 bpd rise, but global demand and OPEC remain key. Read for price outlook.

SBI Sees Oil at $50/Barrel by 2026, Impact on India

A new SBI Research report forecasts a significant decline in global crude oil prices to around $50 per barrel by mid-2026. Discover the key drivers and what this means for India's economy and inflation.

SBI: Oil Price Could Hit $50/Barrel by 2026, Easing Inflation

SBI Research predicts a sharp fall in crude oil prices to $50 per barrel by mid-2026, driven by inventory buildup. This significant softening is expected to positively impact India's inflation and economic growth. Read the full analysis.

Venezuela Oil Revival to Benefit India's Refineries

US intervention in Venezuela could unlock discounted heavy crude for India's complex refineries, offering diversification amid pressure on Russian oil imports. Experts see medium-term gains.

Venezuela Conflict to Spike Oil Prices, India Unscathed

US military action in Venezuela is expected to trigger a surge in crude oil and commodity prices due to geopolitical tensions. However, India's minimal trade ties mean limited economic impact. Read expert analysis.

Venezuela's Oil Shift: Winners & Losers After Maduro

The capture of Venezuela's Maduro reshapes global oil flows. U.S. Gulf Coast refiners stand to gain from renewed heavy crude access, while Canadian producers face long-term competition. Full analysis inside.

Russian oil discount to India jumps to $8 a barrel

Russian crude suppliers now offer Indian refiners discounts up to $8 per barrel, doubling since October. This could lower India's import bill as global oil prices hover around $60. Read more.

Oil Rises on Geopolitical Risks After Steep 2025 Decline

Crude oil prices saw a slight increase on the first trading day of 2026, following their sharpest annual fall since 2020. The uptick is driven by renewed geopolitical tensions, including Ukrainian drone strikes on Russian oil facilities and fresh US sanct

Oil Set for Deepest Annual Loss Since Pandemic, Down 20%

Crude oil prices are on track for their steepest annual decline since 2020, with a 20% drop this year. Key factors include a looming surplus, OPEC's upcoming meeting, and geopolitical tensions. Read the full analysis.

India's Russian Crude Imports Fall in December

India's Russian crude imports are expected to fall to 1.2 million barrels per day in December, down from November. However, the trade relationship remains structurally strong despite the monthly decline.

India's Oil Import Bill Falls 12% as Crude Prices Dip

India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.

Oil Rises on Geopolitical Tensions, Supply Fears

Oil prices rose over 0.9% in early Asian trading as Middle East tensions and Russia-Ukraine conflict fueled supply disruption fears. Key details on price movements and analyst insights inside.

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