Month-on-month analysis, too, showed robust growth, with consumption up by 256,000 b/d, underlining the economic recovery and increased industrial activities. India’s oil products demand witnessed an increase of 132,000 barrels.
Oil prices rose on Wednesday on expectations of strong global demand, including in the world’s top consumer the United States, and as even somewhat sticky U.S. inflation did not dent expectations the.
Brent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel at 1234 GMT, after crossing $85 a barrel for the first time since November on.
WARSAW (Reuters) – Polish farmers protesting at the Dorohusk border crossing with Ukraine will let all trucks stuck there pass through as a gesture of goodwill, a protest leader told.
A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled.
By Alex Lawler LONDON (Reuters) -Oil rose on Wednesday, supported by signs of strong global demand including from top consumer the United States while hopes that the Federal Reserve might.
By Yuka Obayashi and Mohi Narayan TOKYO/NEW DELHI (Reuters) -Oil prices extended last week’s losses on Monday on concern about slow demand in China, although lingering geopolitical risk surrounding the.
By Peter Hobson GRIFFITH, Australia (Reuters) -Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed.
In the current fiscal, this is the second instance of the government announcing a reduction in LPG prices for households. Public sector oil marketing companies (OMCs) – Bharat Petroleum Corporation,.
By Maha El Dahan and Alex Lawler DUBAI (Reuters) -OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels.
