The price of Russia's Urals crude has plunged to its lowest in nearly three years, hitting $36 per barrel, as new U.S.

Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.

Oil Marketing Companies (OMCs) are forecast to see their operating profit increase over 50% to $18–20 per barrel this fiscal ...

Global oil markets have entered a bearish phase, with U.S. crude sliding below $60 per barrel, down over 20% from January ...

Crude oil prices on Friday declined Rs 82 to Rs 5,181 per barrel in futures trade tracking weakness in global markets as a ...

Crude oil futures decline on strong dollar, Russia-Ukraine peace push. WTI & Brent prices fall. Market volatile. Chinese ...

Russia is offering discounts of up to $23 per barrel before the US president’s measures on its two major oil companies take ...

Oil marketing companies (OMCs) are poised for a sharp rebound, with operating profits expected to surge more than 50 per cent to USD 18-20 per barrel this fiscal year, driven by stronger marketing ...

However, sentiment remained broadly bearish, with expectations of a supply glut extending into late 2025 and 2026 on rising ...

India’s oil marketing companies are set for a strong rebound this fiscal, with operating profits expected to jump over 50% on ...

Oil prices eased about 1 per cent on Friday to settle at one-month lows as the U.S. pushed for a Russia-Ukraine peace deal ...

Crisil Ratings forecasts a significant rebound for oil marketing companies (OMCs) with operating profits expected to rise ...