Global economic jitters: Fitch Ratings predicts 2024 impact from soaring oil price

Nov 11, 2023

According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per...

Fitch projects Brent crude oil at $87/bbl average in 2026; Expects prices to ease after July if Hormuz reopens

Jun 08, 2026

Fitch Ratings has projected an average Brent crude oil price of USD 87 per barrel in 2026, while expecting prices to remain elevated at...

Brent oil near USD 100 raises concerns over India's inflation, forex reserves; sustained rally unlikely: Experts

Jul 23, 2026

With Brent crude hovering near USD 100 per barrel, experts have raised concerns over its impact on India's inflation, current account deficit (CAD) and...

Brent crude at USD 94; Analysts see oil largely in USD 90-100 range despite geopolitical tensions

Jul 22, 2026

With Brent crude surging to USD 94 a barrel, analysts expect prices to remain broadly in the USD 90-100 range, with geopolitical developments likely...

Brent crude nears USD 97, may cross USD 100; Every USD 10 rise could widen India's CAD by USD 20 bn: Experts

Jul 23, 2026

As Brent crude neared USD 97 per barrel on Thursday, with an increased likelihood of crossing the USD 100-per-barrel mark as seen in March,...

Oil prices slumps, Brent crude under USD 100 a barrel for first time since May

Jul 06, 2022

Washington [US], July 6 : World oil prices plummeted on Wednesday (local time) and dropped below USD 100 a barrel for the first time...