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BRENT CRUDE NEWS

Around $30-35 billion of India’s merchandise exports to America at risk from Trump's tariffs, says UBS Chief India Economist

August 10, 2025 7:51 am

According to UBS’ Chief India Economist Tanvee Gupta Jain, India may not lose much if it shifts away from cheaper Russian oil as the annual savings right now is only $2 billion

Oil prices slip as recession fears loom over economic data

April 18, 2023 10:38 pm

Traders are betting the Fed will raise its lending rate in May by another quarter of a percentage point and have pushed out to late this year expectations of a rate cut, as typically occurs in a slowdown.

Oil prices steady as investor focus shifts to demand outlook

April 04, 2023 8:53 am

Brent crude futures fell 2 cents to $84.91 a barrel while U.S. West Texas Intermediate (WTI) crude futures were trading at $80.47 a barrel, up 5 cents.

Oil prices little changed; supply concerns, banking crisis in focus

March 28, 2023 9:00 am

Oil prices drew support from indications of strong Chinese demand.

Oil falls as banking concerns persist, likely Fed rate hike

March 20, 2023 11:49 am

The slide in oil comes despite a historic deal which will see UBS, Switzerland's largest bank, buying the country's No. 2 lender Credit Suisse in an effort to stop a banking crisis from spreading.

Fuel prices need to be brought in line with market conditions. Elevated inflation will further restrict RBI’s room for manoeuvre

March 24, 2022 9:07 am

The decision to keep retail prices on hold, despite surging global crude oil prices, and leaving oil marketing companies to absorb the losses does suggest that fuel pricing decisions continue to be driven not by commercial considerations, but by political compulsions.