Tag: brent crude prices
Global growth to slow to 3.2% in 2026, amid largest energy shock on record due to West Asia crisis: S&P Global
New Delhi: Global economic growth is expected to slow to 3.2 per cent in calendar year 2026 from 3.4 per cent in the previous year,…
India urges Iran to speed up oil cargo shipments amid ceasefire window
New Delhi: India is pressing Tehran to expedite movement of India-bound oil and gas cargoes so they can be quickly turned around and redeployed to…
S&P Global Ratings raises India’s FY27 growth forecast to 7.1%
S&P Global Ratings on Wednesday raised India’s FY27 growth forecast to 7.1%, driven by strong private consumption, modest recovery in private investment and robust export…
Brent crude oil prices spike toward $120/barrel Iran War forces more production cuts| Business News
Crude oil prices spiked dramatically toward $120/barrel as key Gulf producers curbed output, the vital Strait of Hormuz remained functionally closed, and the US threatened…
West Asia crisis could raise energy risks for India but domestic flows, growth outlook remain resilient: Jefferies
Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though…
Crude oil prices jump 10% on Iran war, spike to $100/barrel seems certain| Business News
Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that crude oil prices could…