Crude oil price Archives -

Petrol-diesel is going to be cheaper than water! Who predicted that the price of 1 liter will be less than Rs 18?

Admin — Fri, 28 Nov 2025 03:34:08 +0000

Crude Oil Prices: We often hear or see such news that the price of petrol and diesel may become cheaper in the coming days. But have you ever heard that the price of crude oil will become cheaper than a bottle of water?

It is being told that in the coming time, the price of crude oil in the international market may become less than the price of a bottle of drinking water. This is not an exaggeration, but an estimate made by global brokerage company JP Morgan. According to JP Morgan, the price of Brent crude may fall to $ 30 per barrel by March 2027.

Price of 1 liter less than Rs 18

If this price is converted into Indian Rupee at an exchange rate of around Rs 95 per dollar, then the price of one barrel will be around Rs 2,850. There are 159 liters in a barrel. According to this, the price of one liter of crude oil will be only Rs 17.90, which is less than the price of mineral water bottle which is usually sold between Rs 18 to Rs 20 per liter in Delhi.

This estimate of JP Morgan is very important for countries which are heavily dependent on crude oil imports, such as India, which imports about 86 percent of its crude oil requirement from other countries. JP Morgan estimates that the price of Brent crude could fall by more than 50 percent from the current level, which is currently a little above $62 per barrel. This decline is being expected because supply may increase more than demand at the global level.

Effect of oversupply will be visible

Even though global oil consumption is expected to increase continuously over the next three years, supply growth is expected to be much higher than demand, especially from non-OPEC+ countries (Russia, Mexico, Kazakhstan, Oman, Malaysia, Sudan and South Sudan, Azerbaijan, Bahrain, Brunei and Singapore). If there is more supply, its effect on the price will be clearly visible.

Worldwide oil demand is expected to increase by 0.9 million barrels per day (mbpd) in 2025, taking total consumption to 105.5 mbpd. Growth is expected to remain stable in 2026 and may increase to 1.2 mbpd in 2027. However, JP Morgan estimates that supply will grow almost three times faster than demand in 2025 and 2026. By 2027, supply will exceed consumption, which will lead to oversupply and prices will fall.

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Petrol-diesel price may increase, tension between Russia and America impacts the supply of global oil

Admin — Sat, 02 Aug 2025 12:28:29 +0000

Crude oil prices: Increasing stress between Russia and America may hinders the global supply of oil. In such a situation, while talking to news agency ANI, Oil Market Experts said that this can increase the prices of Brent crude oil to $ 80 per barrel in the coming months. Increased geopolitical risk can increase pressure on oil prices.

The price will increase so much by the end of the year

Commodities and CRM head NS Ramaswamy in Ventura said, “Brent Oil (October 2025) can start from $ 72.07 and reach $ 76. It is expected to reach $ 80-82 of $ 80-82 by the end of 2025. US President Donald Trump has given Russia to end the rust in Ukraine, then the time has been done with Russians to end the rust in Ukraine. There is a risk of additional restrictions on countries and 100 percent secondary tariffs.

Trump’s stance can create turmoil

With this trempo’s stance, it will be difficult for the countries to import crude oil from Russia to buy crude oil at a low rate or face a huge export tariff of America. Experts for West Texas Intermediate (WTI) crude oil (September 2025) are expected to increase by $ 73 from the current $ 69.65 level.

By the end of 2025, the price can increase to $ 76-79, while the bottom support will be at 65. Experts believe that these things can create turmoil in the global oil market. Decrease in production capacity can cause a shock to supply, so that oil prices will remain high by 2026.

Energy expert Narendra Taneja told ANI, “Russia exports 5 million barrels of oil to the global supply system every day. If Russia is excluded from it, crude oil prices will increase significantly – $ 100 to 120 per barrel or more. “

Also read:

On the other hand, Trump put a tariff, here Tim Cook made a big announcement; Apple’s confidence is increasing on India

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Crude Oil Price Crossed 80 Dollar Per Barrel After Middle Tension Deepens Iran Israel War

Admin — Mon, 23 Jun 2025 05:07:50 +0000

Crude oil price jumps: Due to the war between Iran-Israel, heavy stress in the middle East is directly affecting the global market. The attack on three Iran’s three nuclear installations by the US has deepened this entire crisis. There is a possibility that now it may be stretched and longer. Jung has shook the global market. The threat of Iran’s major transport route of crude oil has increased the possibility of crude oil on the seventh sky due to the threat of closure of Hormuz Strait.

Crude oil on five months record high

The softening that was being seen in crude oil prices is breaking all the records. Crude oil has now reached a five -month record level to $ 80 per barrel. Experts believe that Iran will also have to close a hormuj strait in the answer that Iran will take as action. If this happens, it will increase the price of crude oil worldwide. If we talk about the impact on India, then not only the trade deficit will increase, but the risk of inflation will also increase in the country.

About 20 percent of global oil is transported through the Hormuz Strait. Oil prices have seen a jump of 11 percent within a week. Iran of OPEC Plus is the third largest oil producer country. It has a stake on about one third of the oil production that is produced around the world. In such a situation, Golman Sachs has expressed apprehension that if this route of Hormun is closed, then the price of crude oil can reach up to $ 100 per barrel.

What will be the effect?

Talk about India, it imports about ninety percent of its needs. The world’s third largest oil import is the country and out of 55 lakh barrels of oil daily, about 15 to 20 lakh oil comes to India via this hormuz strait. In such a situation, closing it can hurt the Indian economy.

However, in the past, Petrol Minister Hardeep Singh Puri had given assurance that the situation is being reviewed and every possible step will be taken by the government to ensure the supply of fuel.

Also read: Iran-Israel stress caused Indian market, 700 points slip Sensex, Nifty also declines

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Crude oil prices reached 67 dollars in the global market, after all, the price of crude oil rising worldwide?

Admin — Mon, 09 Jun 2025 08:44:55 +0000

Oil Pries Surge: On the first business day of the week on Monday, oil prices continued for last week. Brent crude is at $ 66.47 per barrel. While the intermediate crude is trading at $ 64.59. Meanwhile, investors are eyeing a meeting between the US and Chinese officials in London. Both countries are trying to reduce tension on trade. & Nbsp;

This decision of China has an impact on oil prices

On Saturday, US President Donald Trump and his Chinese counterpart Xi Jinping spoke on the phone for about 90 minutes. After this, Trump gave information about this meeting and also said that China is ready for the shipment of rare economy in America.

Actually, prohibiting China’s rare meaning elements in April has also affected oil prices because these rees are used on a large scale to make drilling machines, pumps, etc. in oil and gas industry. China is the largest exporter of rare meanings in the world. In such a situation, the oil and gas industry will be affected by stopping export from China. & Nbsp;

This is also the big reason for the rise in oil prices

Last Monday, there was a rise in oil prices, causing American crude oil prices to reach a two-week high level as investors ignored OPEC Plus’s decision to increase oil production per day amidst gearful stresses. On June 8, Ukraine attacked with a drone, targeting the Russian airport. Earlier on the night of June 6, Russia launched a big attack on Ukraine.

Both countries are continuously retaliating on each other. Due to this, the possibility of conversation on ceasefire between Russia and Ukraine has started staggering again. Meanwhile, Ukraine’s Russian oil refineries are expected to be targeted and if this happens, its effect will be seen on the oil market because Russia is a big supplier of crude oil. & Nbsp;

The impact of increasing oil price was also seen in some cities of India. Let us see what is the price of petrol and diesel today in the four major metros of the country- & nbsp;

Petrol in Delhi Rs 94.72 and diesel Rs 87.62 per liter
Petrol in Mumbai Rs 103.44 and diesel Rs 89.97 per liter
Petrol in Chennai Rs 100.76 and diesel Rs 92.35 per liter
Petrol in Kolkata Rs 104.95 and diesel Rs 91.76 per liter

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Brakes in stock market continue to fall from 3 days, 410 points up, Nifty closed over 24800

Admin — Wed, 21 May 2025 13:31:57 +0000

The ongoing decline in the stock market from the last three trading sessions came to an end on Wednesday and the BSE Sensex rose 410 points. At the same time, the Nifty of the National Stock Exchange was in a profit of 130 points. & nbsp; Between strong trend in other markets of Asia, buying at HDFC Bank and ICICI Bank rose in the market. BSE Sensex based on thirty stocks climbed 410.19 points i.e. 0.51 percent to close at 81,596.63 points."Text-Align: justify;"> At one time it climbed 835.2 points during business. The Nifty of the National Stock Exchange also closed at 24,813.45 points with a gain of 129.55 points, or 0.52 percent. Sensex companies include Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra & Mahindra."Text-Align: justify;"> banking sector boom

On the other hand, losses in loss include IndusInd Bank, Kotak Mahindra Bank, Power Grid and ITC. Moody’s Ratings, a credibility agency, said in a statement on Wednesday that India is in good position to deal with the negative effects of US fee and global trade obstacles. The reason for this is the low dependence on the factors and exports that speed up domestic growth, which is supporting the economy.

The agency said in its report on India that the government initiative to promote private consumption, expand manufacturing capacity and increase spending on infrastructure will help in compensating for the weakening scenario of global demand. The BSE Midcap Index belonging to Majholi companies was in a profit of 0.90 percent, while the smallcap connected to small companies rose 0.51 percent.

Asian market gains

2,292 shares listed in BSE were in profit, while 1,685 declined. At the same time, there was no change in the price of 138 shares. Jiojit Investments Ltd. Research Chief Vinod Nair said, & lsquo; & lsquo; The market today showed a wide positive attitude. However, overall perception remained in a limited scope. This indicates that the growing uncertainty over Indo-US trade talks sells on the market boom in the near future & rsquo; The risk of strategy of the strategy remains. & Rsquo; & rsquo; & nbsp;

Other markets of Asia were in South Korea’s Cappey, China’s Shanghai Composite and Hong Kong’s Hangseng in the lead, while Japan’s Nikki was in loss. There was a decline in the major markets of Europe. The American markets were in disadvantage on Tuesday. Global oil standard Brent crude rose 1.19 percent to $ 66.16 per barrel. According to the stock market data, foreign institutional investors (FIIs) sold shares worth Rs 10,016.10 crore on Tuesday. The Sensex was broken 872.98 points on Tuesday while the Nifty had fallen by 261.55 points.

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Us President Donald Trump Tariff Policy has Deepened The Economic Crisis in Vladimir Putin Country Russia

Admin — Mon, 07 Apr 2025 17:13:54 +0000

US President Donald Trump’s tariff policy (US President Donald Trump Tariff Policy) has caused a ruckus in the entire world. In the global stock market, only red is seen red everywhere. This tariff policy of Trump has not only put China, India or other countries in trouble, but it has also created a big economic crisis over Russia. Actually, Russia’s economy, which is mainly dependent on oil, gas and mineral exports, is moving towards a serious crisis.

What is the whole matter?

On Monday, there was a huge decline in crude oil prices, where Russia’s Urals crude oil reached close to $ 50 per barrel. The decline occurred when former US President Donald Trump announced a tariff globally. Under Trump’s new tariff policy, 34 percent of goods from China, 26 percent on India and 20 percent on imports from European union have been imposed. Apart from this, an additional 10 percent tariff has also been imposed on the whole world.

The fall in oil prices has a direct impact on Russia’s income. In March itself, the country’s oil and gas earnings had fallen by 17 percent and the situation has worsened in early April itself.

What did Russia say?

Reacting to this, Kremlin spokesman Dimitri Peskov said that the government is keeping an eye on this situation and will take necessary steps to reduce its effect. This whole incident did not only affect Russia, but there has been upheaval in the financial markets of the whole world. In just 72 hours, wealth of more than Trillian dollars was erased from global markets. The price of the American benchmark WTI crude came to $ 60 per barrel, while the international brent crude reached $ 64 per barrel.

Trump said everything is fine

However, amidst all this, Donald Trump claimed on his social media platform ‘Truth Social’ that everything is fine. He wrote, “Oil prices are below, interest rates are also low, there is no inflation and America is now earning billions of dollars every week through tariffs.” He attacked China directly and said that China has been exploiting America for decades and now he has been taking revenge by imposing 34 percent additional tariffs, which is wrong.

Russia’s economy in crisis

This entire situation has seriously challenged Russia’s economy, because its biggest source of earning oil is now in danger. In other countries of the world, the recession of recession is being heard and investors are in dilemma. It will have to be seen further how Russia recovers from this crisis and will Trump’s policies affect the global economy further.

Also read: Global Market Crash: Global market shakes with Trump’s tariff bomb! There was an outcry in the stock market of the whole world including India

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Petrol diesel are gotting cheaper in the international market then why did the modi government increase the pris of petrol diesel

Admin — Mon, 07 Apr 2025 10:50:17 +0000

Petrol diesel price hike: The Modi government announced to increase the price of petrol and diesel on Monday, 7 April 2025. The central government has increased by Rs 2 on petrol and diesel. The new rates on petrol and diesel will be applicable from 12 noon. The biggest thing is that this decision has been taken at a time when crude oil prices have reached the lowest level of three years worldwide.

Cheap crude oil

Talking about last week, the price of crude oil fell to $ 62 per barrel, which is the lowest rate since August 2021. The reason for this decline is the possibility of global economic recession and decrease in demand for oil. On Monday, the price of Brent crude was $ 63.23 per barrel, while the US’s Nymex crude fell 10 per cent to $ 62. Also, Saudi Arabia has reduced the price of its major grade ‘Arab Light’ for Asia for the second consecutive month. OPEC+ countries have also relaxed production cuts from this month, which can increase the supply in the market.

Questions arising in the country

On the one hand, the Government of India has increased oil prices, on the other hand, questions are being raised in the country that when the oil has become cheaper in the international market, then why the prices of petrol and diesel are not decreasing in India. According to the business line report, Congress leader Manish Tiwari also asked the government whether ‘dynamic pricing’ applies only when prices rise? The general public is also hoping that now the prices of petrol and diesel will decrease, but no clear indication has been received from the government so far. In contrast, the prices of petrol and diesel have been increased further.

Oil companies are earning money

The fall in crude oil prices is also affecting India’s oil companies. This can prove to be beneficial for oil marketing companies (OMCs) like Indian Oil, HPCL and BPCL, as their auto fuel marketing margin has reached Rs 13 per liter, which is usually between Rs 3.5 to 6.2 per liter. But if the government increases excise duty or reduces retail prices, then the profits of these companies may be affected.

Harmful for these companies

This decline can be harmful for companies like ONGC and Oil India. According to JM Financial, every $ 1 decline may reduce the income (EPS) of these companies by 1.5-2 percent. Also, if the price of oil remains below $ 70, then the investment of American shell oil companies will also be affected as their break-even price is $ 60-65 per barrel. At the same time, Saudi Arabia can also suffer losses, because their budget is balanced at the rate of $ 85 per barrel.

Also read: Donald Trump Tariff Policy: Donald Trump’s tariff bomb created panic all over the world, every Indian family can suffer so many thousands!

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AMID TARIFF FAR and Fall of Stock Market Expert Advice to Keep Watch on Eu and Other Nations Action

Admin — Mon, 07 Apr 2025 07:25:48 +0000

On the major decline in the Indian stock market, experts have said on Monday that investors will have to keep an eye on the action of the European Union (EU) and other countries in response to the US reciperoot tariff. Speaking to the news agency IANS, market expert Sunil Shah said that nearly 4 percent decline in the stock market today is due to 34 percent tariff from China in response to the US reciperook tariff.

Sunil Shah further said, “All investors know that no country is going to benefit from tariffs and due to this, the world markets are seeing a decline.” He further said that further action in the stock market will depend on the action of European Union (EU) and other countries.

Economist, Pankaj Jaiswal told news agency IANS that the world is in reset mode for the first time after World War II, which has led to a huge decline in the world’s stock markets including India. He further said that due to trade war, there is a danger of recession and inflation in the world and it will have the most impact on America.

World in resate mode

The Indian stock market is in red mark by trade war. The Sensex was down 2,849 points or 3.78 percent to 72,515 and the Nifty was 910 points or 3.97 percent to 21,991. Selling was seen in most Asian markets. Tokyo, Shanghai, Bangkok, Seoul and Hong Kong have recorded a decline of up to 11 percent.

Due to the reciperook tariff, heavy selling was seen in the US markets on Friday. Dow 5.50 percent and Technology Index Nasdaq closed down by about 5.82 percent. Oil prices have declined sharply amid global uncertainties. Brent crude fell 2.67 percent to $ 63.82 a barrel, while West Texas Intermediate (WTI) crude falls 2.69 percent to $ 60.31 per barrel.

Drug

Australia’s S&P 200 declined by 6.5 percent at seven 7184.70, South Korea’s Kopy fell by 5.5 percent to 2328.52. Earlier, the market closed on Friday in the US Nasdaq at a decline of nearly 7 per cent. However, experts believe that this decline is nothing, if the situation does not recover, then the condition of the American market can be like this in 1987.

US President Donald Trump, after the announcement of the tariff, reacted to the fall in the stock markets continuously, saying that sometimes bitter medicine has to be given to cure something. Trump made it clear that there is nothing to worry about in this. Whereas, on the other hand, the Asian stock markets have seen a drastic decline on Monday, where there was a decline of 225 points as soon as the market was opened in Nikkei, Japan.

Also read: Not only the stock market from America-China to India, these 3 big faces responsible for this

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