US-Iran war: Oil prices climbed on Wednesday after the United States carried out fresh strikes on Iran in response to Tehran’s attacks on commercial vessels transiting the Strait of Hormuz.
Energy Market
Crude Oil Prices Fall After 6% Rally Amid US-Iran War: What’s Next for Oil Market?
MCX crude oil prices were trading 0.69% lower at ₹9,985 per barrel. Here’s what’s weighing on crude oil prices, along with its near-term outlook.
US Natural Gas Prices Fall as Winter Heating Season Nears End – Market Outlook 2026
US natural gas futures declined as traders weigh warming outlooks stretching through the end of the month, decreasing the chance for a shot of cold weather to materialize and push up demand for the heating fuel.
Crude Oil Price Forecast: JP Morgan Sees Fall to $30 Range by FY27 – Big Reasons Explained
Crude Oil Price Forecast (28-Nov-2025): In a bold prediction for energy markets, JP Morgan has projected that Brent crude could slide into the $30s by the end of FY27, driven by a deepening global supply glut that far outpaces demand growth. The investment bank’s latest outlook suggests that even as oil consumption rises steadily over the next three years, supply additions — particularly from non-OPEC+ producers — will overwhelm the market and weigh heavily on prices. If this plays out, it could prove to be a major boost for Indian markets, given the country’s heavy reliance on oil imports.