Fuel prices in India are subject to daily revisions, with oil marketing companies (OMCs) announcing updates every morning at 6 a.m. The prices of petrol and diesel vary based on…
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Saudi Arabia’s involvement in COP29 has stirred significant controversy, as the nation has been accused of actively undermining the commitments made at last year’s climate summit regarding the global transition…
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Natural gas prices experienced a new bullish wave yesterday, pushing towards the critical resistance level at $3.030. However, a lack of sufficient upward momentum led to a pause in the…
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Brent crude oil prices reached $73.90 but encountered significant resistance at this level, as market participants await a positive catalyst that could propel prices higher. A successful breach of this…
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Natural gas prices held steady above the $2.830 support level yesterday, benefiting from positive momentum driven by key market indicators. The commodity fluctuated within a narrow sideways range near $2.970,…
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Nigerians, grappling with the fallout from a recent fuel price hike by the Nigerian National Petroleum Company (NNPC) Limited, are beginning to see signs of relief. A gradual reduction in…
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Oil marketing companies (OMCs) continue to update fuel prices daily at 6 a.m., responding to fluctuations in global crude oil prices and currency exchange rates. Despite the inherent volatility in…
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WTI crude oil prices have gained momentum following a rebound from the support zone around $66.85 per barrel. The price is now approaching a critical zone in the middle of…
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Brent crude oil prices saw a robust rally on Monday, breaking past the $72.06 mark to reach highs near $73.90. This upward movement signals a potential shift from the recent…
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Almost five years after BP launched an ambitious strategy to transform from an oil giant to a low-carbon energy leader, the British company is reversing course. With its share price…