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The Business Standard

Wednesday
June 04, 2025

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WEDNESDAY, JUNE 04, 2025

Global Oil Market

Diesel is pricing a scarcity with winter rush looming large
Bloomberg Special

Diesel is pricing a scarcity with winter rush looming large

Low stockpiles mean supply-demand shifts can supercharge price

A weak dollar has also provided support for crude prices as a lower dollar makes oil less expensive for buyers. Photo: Collected
Global Economy

Oil gains reverse on banking sector fragility

Photo: Collected
Global Economy

Russian sanctions shift oil price-making power to Asia from Europe

Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo
Global Economy

Oil prices continue slump in fallout from SVB shutdown

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken 24 February, 2022. PHOTO: REUTERS/Dado Ruvic/Illustration
Global Economy

Oil heads for weekly loss on rate hike worries, ample supply

Oil rebounds after biggest drop in decades at start of year
Global Economy

Oil rebounds after biggest drop in decades at start of year

A 3D-printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo
Global Economy

Oil jumps about $4 as OPEC+ weighs biggest output cut since 2020

An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS
Global Economy

Russia's surging oil exports to China in Aug fail to keep Saudis down

Venezuela's President Nicolas Maduro speaks during a news conference at Miraflores Palace in Caracas, Venezuela December 12, 2018. REUTERS/Marco Bello
Global Economy

Venezuela 'ready' to supply global oil market: Maduro

Photo: Reuters
Global Economy

Oil edges higher as market weighs weak demand, potential supply disruption

An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol/File Photo
Global Economy

Oil prices drop amid China Covid curbs, possible rate hikes

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo
Global Economy

Oil falls to 7-month low on renewed demand fears, rate hike expectations

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian
Global Economy

Oil falls on concerns economic slowdown may dent fuel demand

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