Crude oil prices surge as US shutdown ends, experts bearish on oil outlook

Nov 10, 2025

US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight...

Crude oil prices surge after US, UK strike Houthi targets

Jan 12, 2024

The attacks by the Houthi rebels have forced ships to take longer routes around Africa, presenting challenges to global trade logistics.

Crude prices to average at USD 83-88 in FY25, may increase govt fiscal burden: CRISIL

Jul 12, 2024

The average crude oil prices are expected to surge in the fiscal year 2025 as compared to the previous year, highlights a report by...

India's Russian crude imports prevented price surge in global oil market

Dec 30, 2023

The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude...

Crude oil price may surge to $300 a barrel, warns Russia

Mar 08, 2022

New Delhi [India], March 8 : Ban on imports of Russian petroleum products by the western countries will have catastrophic consequences for the global...

Crude prices could surge to USD 110 per barrel if Iran's oil supply, Hormuz Strait face disruption: Report

Feb 27, 2026

Crude oil prices could surge to as high as USD 95 to USD 110 per barrel if Iran's oil supply and the Strait of...