Kathmandu. A significant drop in crude oil supply is estimated in the global market. The International Energy Agency (IEA) has projected that the global market's crude oil supply will decrease by 4...
MUMBAI, Aug 6: India's central bank kept interest rates unchanged on Wednesday as it waits to see whether volatile oil prices caused by the Iran war feed wider inflationary pressures.
Falling crude prices ease inflation and import costs, but supply constraints and LPG shortages mean consumers may see only modest relief, with half-filled cooking gas cylinders set to continue. In...
New York. Crude oil prices have increased in the international market. On Wednesday, crude oil prices rose as the possibility of successful negotiations regarding the reopening of the Strait of Hor...
TEHRAN, July 30: Iran's Islamic Revolutionary Guard Corps (IRGC) said that two oil tankers attempting to leave an "unsafe route" south of the Strait of Hormuz turned back after a fire broke out on ...
Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after they were halted for nearly four months. A helicopter belonging to Saudi oil giant Aramco (2222.SE) cra...
Tokyo. Asian share markets rose on Monday as a weak US jobs report eased the risk of an immediate interest rate hike. The positive impact of Wall Street was seen in Asian markets, but crude oil pri...
TEHRAN, July 24: The United States launched fresh strikes on Iran Friday after Tehran-backed Houthi rebels attacked oil tankers in the Red Sea, marking an escalation that pushed crude prices past $...
Kathmandu. After US President Donald Trump postponed the planned attack on Iran's infrastructure, oil prices per barrel have fallen by more than $4 in the international market. According to Reuter...
HONG KONG, July 20: Oil scaled back gains after hitting its highest price in a month on Monday as Iran said diplomatic exchanges with the United States were ongoing via mediators despite renewed co...
Kathmandu. Iraq has signed a one-year agreement with Turkey to transport crude oil through the Iraq-Turkey pipeline to Turkey's Ceyhan port and export it. Iraq's Oil Ministry provided information a...
LONDON, July 15: Oil prices surged on Tuesday after fresh US strikes against Iran, fuelling fears over their already fragile truce and the risk of another spike in inflation.
Washington D.C. Crude oil prices fell sharply in the world market on Monday after the conflict between the United States and Iran was temporarily halted. This decline is considered the biggest sinc...
HONG KONG, July 9: Oil prices dipped Thursday after the previous day's surge as Donald Trump said the US ceasefire with Iran was over and ordered fresh strikes against the country following attacks...
Kathmandu. Due to the increasing tension between America and Iran in West Asia, oil transportation through the Strait of Hormuz has been affected, causing crude oil prices to rise by approximately ...
PARIS, June 23: At least 36 commodity carriers transited the Strait of Hormuz on Monday, a record level since the start of the Middle East war in late February, according to data from the maritime ...
Washington D.C. Iran has expanded its attacks in the Gulf countries after America attacked. As a result, the price of crude oil has risen sharply on Monday as the energy transportation through the ...
TEHRAN, June 18: Oil prices tumbled on Thursday after US President Donald Trump and his Iranian counterpart separately signed an accord to end the Middle East war, with the Strait of Hormuz set to ...
New York. With the tensions between Iran and America escalating again, the price of crude oil in the international market has reached its highest level in several weeks. The price of oil increased ...
HONG KONG, June 18: Oil prices tumbled again Thursday after US President Donald Trump and his Iranian counterpart signed off on a deal to end their war and reopen the Strait of Hormuz.
New York. Crude oil prices have increased in the global market. On Wednesday's trading, crude oil prices rose by nearly 2 percent after the United States imposed sanctions on crude oil sales by lau...
LONDON, June 8: OPEC+ ministers meet Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude shipments. But even ...
Washington DC. After attacks on three oil tankers in the Strait of Hormuz, the United States has launched powerful airstrikes on dozens of Iranian military targets. The US Central Command (Centcom)...
KATHMANDU, May 22: Nepal imported goods worth around Rs 1.6 trillion during the first 10 months of the current fiscal year, with diesel and crude soybean oil emerging as the country’s top import it...
Washington. Due to US President Donald Trump's latest statement, crude oil prices have increased in the international market while the stock market has declined. President Trump, speaking to Fox N...
New York. International market crude oil prices have fallen significantly with signs that Iran's oil could return to the global market. This has increased expectations of lower inflation and also d...
Kathmandu. The prices of both gold and oil have returned to their old paths. The price of gold started to rise with the announcement of the end of the Iran-US war, while the price of crude oil has ...
Washington DC. US President Donald Trump has claimed that a preliminary agreement to end the war with Iran is near. Immediately after Trump's statement, crude oil prices saw a significant drop in t...
Kathmandu. Crude oil prices have increased in the international market. The price of crude oil has risen sharply on Monday as investors became nervous due to the escalating military tension between...
Washington DC. Crude oil, gasoline, and diesel reserves in America are rapidly declining. US data shows that dependence on oil stored in strategic reserves has increased as the war with Iran prolon...
Kathmandu. Crude oil prices have increased in the international market on Thursday. The price of crude oil has increased by more than 2 percent after Iran's Revolutionary Guards stated that they ta...
London. With positive signals emerging about a peace deal between America and Iran, the price of crude oil fell to its lowest point in two weeks in the international market on Monday. Although dif...
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