Brent crude slips below $70 per barrel, boosting OMC, aviation, and paint stocks. Lower input costs improve margins, with ...
Front Month ICE Brent Crude for May delivery gained 16 cents per barrel, or 0.23% to $69.46 today --Largest one day dollar and percentage gain since Thursday, Feb. 27, 2025 --Off 23.81% from its ...
The Brent crude benchmark sits at a six-month low below the $70 per barrel-mark. The OPEC+ cartel will increase its ...
Shares of Indian oil marketing companies surged as Brent crude prices fell below $70 per barrel, their lowest in three years.
WTI and Brent crude struggle amid weak demand and rising supply. Can OPEC+ production shifts stabilize oil prices? Read the ...
Crude oil prices heavily influence OMCs, as crude is their main raw material. When crude prices rise, OMCs experience higher ...
Brent crude futures have plunged 6.5 percent over the last four sessions, settling at $68.34 per barrel—their lowest since December 2021.
JM Financial wrote in its note on Thursday that the risk-reward for Oil Marketing Companies is more balanced now after the ...
Enverus Intelligence Research said it has downgraded its Brent price forecast 'due to recent events including OPEC production ...
Crude oil futures rebounded from Wednesday’s lows after the US offered some concessions on recent tariffs.
A decline in crude prices benefits manufacturers dependent on crude-based inputs by lowering their production costs. This reduction provides them with greater flexibility to expand profit margins, ...