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Friday, January 16, 2026

Tag: crude oil prices

Oil Prices Slide 3% as Trump’s Iran Remarks Ease Supply Fears

Brent and WTI crude fell sharply after Donald Trump said he would not sanction Iran if re-elected. Get the latest prices and market analysis.

Crude Oil May Become Cheaper Than Water by 2027: JP Morgan

JP Morgan forecasts Brent crude could drop to $30 per barrel by March 2027, making oil cheaper than bottled water and potentially slashing fuel prices in India.

India’s Russian Oil Imports Set for Sharp Drop as US Sanctions Bite

US sanctions on Russian exporters to cut India's crude imports from 1.8M to 400,000 bpd. Major refiners halt purchases, but no complete stop expected as discounts remain attractive.

US Sanctions on Russian Oil May Raise India’s Import Costs by 2%

New US sanctions targeting Rosneft and Lukoil could increase India's crude oil import bill as the country seeks alternative suppliers amid growing international pressure.

Rupee Rebounds 88 Paise from Record Low Against US Dollar

Indian rupee recovers to 87.93 as Fed rate cut signals weaken dollar. Get latest forex updates, market analysis, and economic insights.