New Delhi, March 5 The estimated average Brent crude price of USD 63/bbl for 2026 is unlikely to see a significant increase, as the closure of the Strait of Hormuz would be temporary, and the global oil market oversupply should limit price increases, Fitch Ratings said.Fitch said that while...
brent crude oil
china
fitch ratings
geopolitical risk
global oil trade
india
iran
oildemandoil market
oil prices
oil supply
saudi arabia
strait of hormuz
united arab emirates
west asia
Moscow, March 4 The ongoing war in West Asia may increase India's demand for Russian crude oil, potentially reaching levels of 1.5 million barrels per day, peaking in 2024-2025, according to a leading expert on global oil trade.On Tuesday, Deputy Prime Minister Alexander Novak told state TV...
alexander novak
crude oil
energy market
finam group
global trade
hydrocarbon trade
india
maxim malkov
oildemandoil imports
russia
sanctions
strait of hormuz
supply disruptions
west asia