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Oil Prices Inch Lower On Hot Inflation Data - Vimarsana News

Oil Prices Inch Lower On Hot Inflation Data

Crude prices fell on Tuesday morning, ahead of the weekly crude inventory reports, as August inflation data came in hotter than expected

Return of Iran to boost global oil output by 1-2bpd; lower prices - Vimarsana News

Return of Iran to boost global oil output by 1-2bpd; lower prices

The August output data from Platts came as oil prices fell on Monday with the global fuel demand outlook overshadowed by Covid-19 restrictions in China and the poten...

Record High Gas Prices Could Be Bullish For Oil - Vimarsana News

Record High Gas Prices Could Be Bullish For Oil

Crude oil demand could rise this winter as European and Asian markets could see a significant jump in fuel oil consumption as a result of a gas-to-oil switch

Indian ban on carbon credit exports could damage global market - Vimarsana News

Indian ban on carbon credit exports could damage global market

NEW DELHI : Carbon industry representatives in India said that they are concerned a ban on exports of carbon credits will damage the wider global market for

Crude oil markets' roaring frenzy wanes amid weakening fundamentals - Vimarsana News

Crude oil markets' roaring frenzy wanes amid weakening fundamentals

AFTER riding a bullish wave which lifted Dated Brent to US$137.64/barrel on March 8, international crude oil prices, while highly volatile, succumbed to recessionary fears and mounting inflationary pressures, amplified by the surge in global food prices, sparking macroeconomic growth concerns globally.