Sector Crude Oil - Latest news, views and updates

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SECTOR | 09 Jul 2025

Crude oil prices fall as industry data shows increase in US inventories; copper futures rise post Trump tariff

Business Line

July crude oil futures trade at 5,861 on MCX during initial hour of trading on Wednesday against previous close of 5886, down by 0.42%

Oil prices ease from two-week highs as investors await tariff clarity

Economic Times | 09 Jul 2025

Crude Oil

SECTOR | 09 Jul 2025

Oil Prices Steady As Industry Report Points To Gain In US Stockpiles

NDTV Profit

Brent held near $70 a barrel after a two-day gain, and West Texas Intermediate was around $68.

Crude Oil

SECTOR | 08 Jul 2025

JSW Steel Q1 Update: Crude Steel Production At 7.26 Million Tonnes

NDTV Profit

The capacity utilisation at Indian operations, excluding trial production, stood at 87% for the first quarter.

Crude Oil

SECTOR | 08 Jul 2025

Oil declines as traders take stock of US tariffs and OPEC+ shift

Business Line

The oil market has been volatile in recent weeks after the war between Israel and Iran, with a fragile truce now in place, but tensions in the Middle East are starting to rise again following fresh attacks on shipping in the Red Sea

Oil prices ease as traders assess US tariffs, OPEC+ output hike

Economic Times | 08 Jul 2025

Crude Oil

SECTOR | 08 Jul 2025

Oil Steadies As Traders Focus On US Tariffs, Red Sea Attacks

NDTV Profit

Brent held near $69 a barrel after advancing 1.9% on Monday, and West Texas Intermediate was below $68

Crude Oil

SECTOR | 07 Jul 2025

Crude Oil Prices To Stabilise Around $65-$70 Per Barrel: Indian Oil Chairman

NDTV Profit

India's purchase of Russian crude is driven by commercial intent rather than any geographical consideration, according to AS Sahney, chairman of Indian Oil Corp.

Crude oil futures decline as Trump threatens tariffs on BRICS-aligned countries

Business Line | 07 Jul 2025

Crude Oil

SECTOR | 07 Jul 2025

OPEC+ output hike could trigger oil glut, warns Peter McGuire

Economic Times

Peter McGuire is optimistic about equities, commodities, and global bond markets. OPEC plus will increase production output. This will benefit consumers but not producers. McGuire suggests buying gold, anticipating long-term gains. Central bank buying and currency dynamics support this view. Retail investors in India and Asia are actively participating. The future looks promising for these markets.

Crude Oil

SECTOR | 07 Jul 2025

Oil Drops As Larger OPEC+ Supply Increase Raises Glut Concerns

NDTV Profit

Brent slid as much as 1.6% toward $67 a barrel after falling 0.7% on Friday, and West Texas Intermediate was below $66

Crude Oil

SECTOR | 06 Jul 2025

OPEC+ Will Boost Supply Even Faster With Larger August Hike

NDTV Profit

The latest increase amplifies a dramatic strategy pivot by the Organization of the Petroleum Exporting Countries and its partners that has weighed on oil prices this year.

OPEC+ To Further Accelerate Supply Boost With Larger August Hike

NDTV Profit | 05 Jul 2025

Crude Oil

SECTOR | 05 Jul 2025

OPEC+ will boost supply even faster with larger August hike

Business Line

Members agree to raise supply by 548,000 barrels a day

OPEC+ may boost oil production faster than expected, weighs August hike

Business Standard | 05 Jul 2025