Oil Prices

Domestic fuel prices are anticipated to decrease by approximately Rs13 per litre for both petrol and diesel in the upcoming fortnightly review. This projection is attributed to a significant decline in global oil prices over the past two…

Oil prices increased by around a dollar per barrel on Friday on clear signs of shrinking United States production. Despite that, both crude benchmarks looked ready to conclude their longest rally of 2023 on soaring apprehensions regarding…

Energy stocks have staged an impressive comeback, surging after a sluggish start earlier this year. During the third quarter, the energy sector of the S&P 500 index outperformed the benchmark, boasting a gain of over 6%.

Oil prices rose $1 per barrel on Monday due to Saudi Arabia's pledge to reduce output by an additional 1 million barrels.

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