IEA emergency oil to be released to markets in Asia, Ocenia first; America, Europe to get stock by March end

Mar 16, 2026

The IEA oil reserve is designed to protect the world economy from sudden oil supply shocks. It is not one single giant tank, but...

Iran's absence in oil market likely to be offset by global oversupply: CareEdge Report

Mar 09, 2026

Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against...

Crude oil prices may surge to USD 80 per barrel amid fresh US-Russia tensions: Experts

Aug 02, 2025

Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and...

Oil prices rise modestly amid supply concerns

May 02, 2022

New York [US], May 3 (ANI/Xinhua): Oil prices reversed earlier losses to end higher on Monday as concerns over supply risks gripped the market.

India to play a major role in promoting sustainable palm oil: Industry Experts

Aug 13, 2021

New Delhi [India], August 13 (ANI/NewsVoir): Council of Palm Oil Producing Countries (CPOPC) organized a webinar on the theme, 'Strengthening the market share of...

Fitch Ratings adjust oil and European gas price assumptions for 2024 and 2026

Dec 09, 2023

Fitch Ratings has revised its near-term oil and European gas price assumptions, citing OPEC+'s sustained control over supply and ongoing dynamics in the energy...