Indias oil demand is growing amid the global volatility around crude supply and prices. The country has just 75 days of strategic oil buffer, while China, the top oil-importing nation ahead of India, maintains six months of cushion.
(Bloomberg) Oil options traders are increasingly looking to protect against rising crude prices as tensions escalate in the Middle East. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyIran Vows to Punish Israel for Strike on Embassy in SyriaTesla Disappoints Analysts by Most Ever in Brutal Blow for EVsNear-term market gauges for Brent and US crude h
Oil prices have remained largely unchanged on Tuesday (26 March), following an increase the day before. Investors have different assessments of the impact of the loss of Russian oil refining capacity due to recent Ukrainian strikes.