Latest Market News
There is a likelihood that crude oil prices will hit $100 per barrel in 2023. It is advised to invest in oil at around Rs 6800 per barrel with a potential target price of Rs 7100 per barrel.
2023 might be a better year for oil prices than 2022. As money managers extended their long positions after Brent breached $80 and reached $86.66 yesterday on the anticipation of...
Oil prices decreased by $2 per barrel due to economic uncertainty and an increase in US crude stock.
Tuesday saw a decline in the price of crude oil due to worries about a downturn in the world economy and preliminary data showing a larger-than-anticipated growth in...
Oil prices are poised for another weekly increase due to the recovery of Chinese demand.
Optimism over a recovery in Chinese demand is causing crude oil prices to close this week with yet another increase. New data about Chinese demand, revealed that it increased...
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Fall in US Natural Gas prices may hinder output growth.
U.S. natural gas prices saw an increase on Tuesday due to a forecast for a cold spell and higher demand for the commodity. However, prices fell again on...
The natural gas market in Europe is expected to remain constrained in 2023.
According to industry advocates, the consumption of electricity in the United States is expected to decrease this year and only slightly increase in 2024. However, there may be...
Rising European demand, lack of gas storage, and unclear LNG procurement strategy may cause trouble for Indian consumers.
India is facing a major challenge in 2023 as the prices of liquefied natural gas (LNG) are expected to fluctuate greatly between $10 and $50 per million British...
Renewable financing surpasses fossil fuel lending for the first time !
For the first time, banks invested more in financing renewable energy projects compared to oil, gas, and coal ventures in the previous year. However, the decrease in capital...
