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Goldman Sachs raises Q2 Brent oil price forecast by $10 to $76 a barrel
04 Mar 2026 08:14 GMT
… forecast for Brent crude oil by $10 to $76 per barrel and for … a level associated with larger demand destruction to prevent inventories from … note.
Brent crude futures were near $82.57 a barrel by 0408 …
U.S. West Texas Intermediate crude rose to $75.28, …
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Oil Futures: Could Crude Breach $100 As The Iran Conflict Escalates?
04 Mar 2026 06:50 GMT
… a barrel - their highest since January 2025. WTI crude … shut its biggest domestic oil refinery after a drone strike. … oil-producing nations comprising 13 Organisation of the Petroleum Exporting Countries (OPEC … and weak near-term demand.
The current move toward …
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Oil Prices Rise As Iran Crisis Disrupts Middle East Supply
04 Mar 2026 07:37 GMT
… oil producer in the Organization of the Petroleum Exporting Countries (OPEC) … supplies whereas some Chinese refineries are closing units or … crude stockpiles had increased by 5.6 million barrels which … of oil dominating over normal supply-and-demand factors. …
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Sensex crashes 1,800 points, investors lose ₹12 lakh crore— US-Iran war, crude shock, other key factors explained
04 Mar 2026 08:36 GMT
… in West Asia has pushed crude oil prices significantly higher, stoking … trading above $82 per barrel, while WTI Crude has surged above $ … in the price of a barrel of crude oil raises the country… will lead to low consumer demand and higher input costs, …
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Uganda needs to build strong buffers against fuel shortages
04 Mar 2026 08:26 GMT
… triggering a spike in international oil prices. It now appears … a key shipping route for petroleum products that borders Iran and … the route means global demand for petroleum is going to go … livelihood for many Ugandans. Fuel prices are easily transmitted into …
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PlZ edit bold paras. Tks - Việt Nam urged to brace for oil supply shocks, price spikes amid Middle East tensions
04 Mar 2026 08:24 GMT
… , roughly 20 million barrels of crude oil and condensate, nearly … refineries currently supply around 80 per cent of domestic fuel demand … 9 million tonnes of refined petroleum products in 2025, worth … 6.8 billion. Liquefied petroleum gas imports reached around …
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US-Iran conflict: Strait of Hormuz crisis reshapes global oil markets
04 Mar 2026 05:09 GMT
…
LPG (Liquefied Petroleum Gas): A fuel consisting primarily of … position in crude oil markets. With Middle East barrels facing … persist longer
Monitor Indian refinery export availability as … effective closure creates rerouting demand on alternative long- …
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Kenya Fuel Reserves Steady Amid Gulf Tensions Arabian Post
04 Mar 2026 06:59 GMT
… Petroleum Refineries Limited plant. Supplies are procured under the government-to-government oil … in crude benchmarks feeds into the monthly fuel … demand growth in Asia, production decisions by OPEC+ … exposure to imported fuels. Investments in geothermal …
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Energy Shock: Can the World Cope Without Gulf Oil and Gas?
04 Mar 2026 07:23 GMT
… crude oil production averaged 78.94 million barrels per day, while total petroleum liquids … region's significance in OPEC+ spare capacity.
The IEA estimates … .
Other short-term measures involve demand rationing through reduced industrial consumption …
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Việt Nam urged to brace for oil supply shocks, price spikes amid Middle East tensions
04 Mar 2026 05:21 GMT
… Information Administration, roughly 20 million barrels of crude oil and condensate, nearly 20 … curb exports to prioritise domestic demand, while volatile shipping and insurance … domestic refineries and foreign suppliers to help ensure a stable fuel supply …