energy prices

Oil market ‘lopsided’ as output surpasses demand; four million BPD supply surplus likely by 2026: IEA

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Global oil markets are bracing for a significant surplus, with production set to outstrip demand by over four million barrels daily by 2026, according to ...

Oil markets: OPEC+ to ramp up oil production; 1,37,000 barrels per day more from October

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Eight key OPEC+ members, including Saudi Arabia and Russia, plan to increase oil production by 137,000 barrels per day starting next month, despite sliding oil ...

Why no extra tariffs? US Secretary Marco Rubio defends US sparing China, Europe over buying Russian oil; warns sanctions risk global price surge

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US State Secretary Marco Rubio has warned of potential energy price hikes if the US imposes secondary sanctions on China for processing Russian oil. This ...

Commercial cylinders to get cheaper from July 1. But is the benefit coming to your home?

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Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by Rs 58.50, offering relief to commercial users. The revised retail sale ...

UK inflation hits 3.5% in April amid soaring household bills and tax pressures

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Britain faced a sharp rise in inflation in April. The Consumer Prices Index increased to 3.5 percent. This is up from 2.6 percent in March. ...