Amid a surge in price volatility, the crude oil complex has been thrust into the spotlight, with futures markets for both Brent (ICE) and WTI (NYMEX) showing a notable upward […]
Read more
Category: Crude Oil
Crude Oil Market News & Prices | Global Supply, Demand & Outlook
Mojtaba Khamenei Named Iran’s New Supreme Leader as Oil Prices Surge Above $100
Iran has appointed Mojtaba Khamenei, the son of former supreme leader Ayatollah Ali Khamenei, as the country’s new supreme leader, marking a continuation of hardline leadership amid the ongoing conflict […]
Read more
India’s 250 Million Barrel Energy Buffer Strengthens Fuel Security
India currently holds more than 250 million barrels of crude oil and refined petroleum products in its energy buffer, equivalent to around 4,000 crore litres, according to a government report […]
Read more
USA Allow Temporary Indian Purchases of Russian Oil Amid Middle East Crisis
CMB News | Energy Markets | March 2026 The United States has granted Indian refineries a temporary 30-day exemption to purchase Russian crude oil, aiming to stabilize global energy markets […]
Read more
Crude Oil Market Surges: Bullish Rally Meets Gradual Price Correction
The crude oil market is currently riding a wave of bullish momentum, as evidenced by dramatic gains in both NYMEX WTI and ICE Brent contracts. The latest data from the […]
Read more
U.S. Exempts Rosneft Germany from Sanctions
U.S. Exempts Rosneft Germany from Sanctions in Move to Protect Transatlantic Energy Cooperation CMB News | Energy & Geopolitics | March 2026 The United States has formally exempted the German […]
Read more
Hungary Sends Mission to Inspect Ukraine Oil Pipeline After Supply Halt
Hungary Sends Mission to Inspect Ukraine Oil Pipeline After Supply Halt CMB News | Energy & Geopolitics | March 2026 Hungary plans to send a special inspection mission to Ukraine […]
Read more
China Orders Immediate Halt to Diesel and Gasoline Exports Amid Gulf Supply Fears
China Orders Immediate Halt to Diesel and Gasoline Exports Amid Gulf Supply Fears CMB News | Energy Markets | March 2026 China has instructed its largest oil refineries to suspend […]
Read more
Russian Oil Cargoes Redirected to India as Middle East War Disrupts Supply
India is again receiving shipments of Russian crude oil as escalating conflict in the Middle East raises concerns about potential supply disruptions in global energy markets. According to ship-tracking data […]
Read more
Crude Oil Outlook: NYMEX & Brent Surge as Near-Term Tightness Lifts Sentiment
The global crude oil market is showing renewed volatility and bullish momentum, with NYMEX WTI and ICE Brent contracts booking notable gains in the front months. Based primarily on the […]
Read more