Citi Sees Oil Prices Falling to $70 Range in Q3 2024
Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price at $83 per barrel, but fall to $74 per barrel in the third quarter
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Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price at $83 per barrel, but fall to $74 per barrel in the third quarter
India's fuel consumption, a proxy for oil demand, rose by 6.1% year-on-year to 19.858 million metric tons in April, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on... -May 07, 2024 at 12:42 am EDT - MarketScreener
CNG rates hiked; Petrol, diesel cost to increase on wait-and-watch mode. Check prices here : Rashtra News #CNG #rates #hiked #Petrol #diesel #cost #increase #waitandwatch #mode #Check #prices Highlights CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg. Petrol costs Rs 95.41/l in Delhi, Rs 109.98
Russia continued to be the largest crude oil supplier to India, with shipments valued at USD 3.61 billion in February, despite a 19% decrease from January's USD 4.47 billion.
Product imports in March fell 6.1% from the previous month to 3.83 million tons, its lowest since July 2023, while exports gained 6.4%.