New Delhi, Feb 4 (IANS) Global crude oil prices may see only a marginal uptick in the near term and will be curtailed to $68–70 per barrel in the long term despite geopolitical and supply‑side uncertainties, a report said on Wednesday.Emkay Wealth Management Limited, the wealth management arm of Emkay Global Financial Services said in a report that any upward movement is likely to be gradual and capped, as market fundamentals point to slower global growth and cautious consumption across majo…
Latest US Energy Information Administration News & Updates
New Delhi, Jan 5 (IANS) Crude oil prices are projected to soften significantly to touch around $50 per barrel (bbl) by June 2026, positively affecting the CPI inflation, keeping it decisively below 3.4 per cent in the next fiscal (FY27), an SBI Research report said on Monday.Benign energy prices will impact the GDP outlook favourably, and the expected impact on annual GDP growth is around 10-15 bps, according to the report authored by Dr Soumya Kanti Ghosh, Group Chief Economic Advisor, State Ba…