Today Oil prices gained for a fourth straight day on Thursday, as investors worried about supply shortages amid U.S. President Donald Trump’s push for a swift resolution to the war in Ukraine and threats of tariffs on countries buying Russian oil.
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Ultimate MCX Crude Oil Tips (29 July 2025)
Ultimate MCX Crude Oil Tips: Crude oil prices rallied in the morning session due to supply concerns after President Donald Trump shortened the deadline for Russia to reach a peace deal with Ukraine.
OPEC+ opens oil tap wider before planned August hike, raising fears of price fall
OPEC+ will raise oil production faster than earlier planned in August, with eight key alliance members agreeing to increase output by 548,000 barrels a day, delegates said on Saturday after a virtual meeting. This is higher than the 411,000-barrel hikes announced for May, June and July, which were already triple the initial plan. Traders had anticipated the same increase for August, making the latest move a further acceleration.
Israel-Iran conflict: Crude oil prices jump over 13%; Brent crude oil above $73 per barrel
Israel-Iran conflict: An Israeli military official has confirmed the attack, saying that it has targeted “dozens” of sites across Iran, Reuters reported.
HPCL, BPCL, other OMC shares fall up to 4.5% after crude surges; ONGC, Oil India rise up to 3%
Geopolitical concerns heightened after Iran said it will strike US bases in the Middle East if nuclear talks fail and conflict arises with Washington
Understanding Crude Oil Prices: Challenges Ahead
Discover why crude oil prices face challenges despite strong demand. Learn about OPEC+ strategies, market pressures, and factors affecting oil prices.
Oil prices fall as trade war concerns dampen demand outlook
Oil prices edged lower in early Asian trading on Wednesday as President Donald Trump’s erratic tariff policies raised concerns about weakening global economic growth and fuel demand.
MCX Crudeoil Tips- Profit Rs 10,000 per lot
MCX Crudeoil Tips: West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $70.47 per barrel, down from Tuesday’s close at $70.91. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $73.83 after its previous daily close at $74.27.
Crude oil prices in a free fall
Crude oil prices seem to have sharply dropped with the announcement of tariffs. In the current report we are to discuss the conditions characterising the US oil market currently, as well as factors affecting oil demand and supply in the international oil market. We are to complete the fundamentals included in the report with a technical analysis of WTI’s chart.
Crude Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase
Crude oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect.