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2024: Fuel price cut likely early next year, domestic oil & gas output may get a boost

With international crude oil prices cooling down in 2023 from high levels witnessed in the previous year, expectations are high for price reduction of diesel and petrol by oil marketers in 2024. ....

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Pakistan expects interest rate hike today, fuel price increase tomorrow

Petrol and high-speed diesel prices may be jacked up by to Rs16 each ....

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With oil at $90, refining margin of Indian players to stay at $9-10/barrel

"The Urals had mostly traded below the G-7 imposed price cap of USD 60 per barrel but have breached the cap in recent weeks whereby it is trading at around USD 69. Upon the rise in prices of the Urals, the share of Russian crude in India s total crude oil sourcing basket declined to 34 per cent in August 2023 from nearly 40 per cent since the outbreak of the Russia-Ukraine war," it said. ....

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Wells Fargo Analyst: Crude Oil Won't Go Much Higher in Near Term

Wells Fargo Analyst: Crude Oil Won't Go Much Higher in Near Term
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UBS sees Brent crude at $90 by the end of 2023

UBS sees Brent crude at $90 by the end of 2023
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