Evaluating ONGC's Investment Viability Amid Oil Price Fluctuations
This editorial examines ONGC's potential as an investment option in the context of recent geopolitical events that have influenced oil prices.
Editorial Staff May 30
Oil & Gas
Latest Oil & Gas stories from Energy.
Ukraine's Drone Operations Target Russian Oil Facilities, Impacting Global Crude Prices
As Ukraine escalates its drone attacks on Russian oil infrastructure, crude oil prices are experiencing fluctuations, reflecting the ongoing conflict's broader implications.
Editorial Staff May 29
Oil Prices Projected to Decline in Coming Years, According to Futures Markets
Futures markets indicate a potential decrease in oil prices over the medium to long term, as reported by Marketplace.org.
Editorial Staff May 29
Oil Prices Experience Largest Monthly Decline in Six Years, Easing Consumer Burden
The recent sharp drop in oil prices marks the largest monthly decline in six years, providing some much-needed relief to consumers dealing with increasing expenses.
Editorial Staff May 29
Oil Price Forecasts Adjusted Amid Slow Energy Recovery
In light of a sluggish recovery in energy flows, analysts are once again revising their forecasts for oil prices.
Editorial Staff May 29
Oil Prices Plummet 20% Amid U.S.-Iran Ceasefire Optimism
A notable decline in oil prices has been observed, dropping 20% from their 2026 peak, as market sentiment shifts positively towards potential U.S.-Iran ceasefire negotiations.
Editorial Staff May 29
Bernstein Projects Oil Prices to Stabilize at $75 Per Barrel
In a recent analysis, Bernstein has set a long-term target for oil prices at $75 per barrel, indicating expectations for market stabilization.
Editorial Staff May 28
Surge in Oil Prices Linked to Recent US Military Actions Against Iran
Following recent military actions by the United States against Iran, oil prices have experienced a notable increase, reflecting market reactions to geopolitical tensions.
Editorial Staff May 28
U.S. Military Action in Iran Raises Oil Supply Concerns
Recent U.S. strikes on Iranian oil facilities have led to a significant surge in crude oil prices, heightening tensions in the Middle East.
Editorial Staff May 28
Small business owners impacted by East LA oil spill
Local entrepreneurs face challenges following the environmental disaster.
Editorial Staff May 28
Cleanup continues after broken pipe sends oil from East LA into LA River and toward Port of Long Beach
Efforts are ongoing to address the oil spill caused by a broken pipe in East LA, impacting the LA River and threatening the Port of Long Beach.
Editorial Staff May 27
Exploring Growth and Dividend Potential in the Oil Sector
A recent analysis highlights the promising growth and dividend opportunities within the oil sector, suggesting a favorable outlook for oil stocks.
Editorial Staff May 27
New Oil Pipeline to Bypass Hormuz Expected by 2027
A new oil pipeline, designed to enhance transport efficiency and reduce reliance on the Strait of Hormuz, is set to be operational by 2027.
Editorial Staff May 27
Asian Markets Gain Ground Following Wall Street's Record Highs Amid Falling Oil Prices
Asian shares are experiencing a positive trend as Wall Street achieves new record highs, while oil prices are declining.
Editorial Staff May 27
U.S. Exports Rare SPR Oil Cargo to Asia Amid Hormuz Tensions
As tensions rise in the Hormuz Strait, the U.S. has made a notable move by exporting a rare cargo from its Strategic Petroleum Reserve to Asia, affecting global oil prices.
Editorial Staff May 27
BOJ Governor Discusses Rising Oil Prices and Inflation Challenges
The Governor of the Bank of Japan highlights the potential impact of increasing oil prices on inflation dynamics during a recent address.
Editorial Staff May 27
Albert Manifold Removed as BP Chair Amid Bullying Allegations
BP has dismissed chair Albert Manifold following allegations of bullying, with his management style reportedly perceived as aggressive by colleagues.
Editorial Staff May 26
Hyundai Introduces Mobile Servicing for Oil Changes
In a move to enhance customer convenience, select Hyundai dealers will begin offering mobile servicing for routine maintenance and repairs later this year.
Editorial Staff May 26
Oil Prices Hit $100 a Barrel Amid Energy Market Concerns
The recent surge in oil prices to $100 a barrel raises alarms about the stability of the energy market, suggesting it may have reached a critical juncture.
Editorial Staff May 26
Surge in US Vegetable Oil Demand Fuels Price Increases
Recent data indicates a notable rise in vegetable oil prices, attributed to increased purchasing by the US market, with analysts forecasting ongoing fluctuations.
Editorial Staff May 26