From February to mid-March, oil prices receded rapidly. WTI dropped by 22 per cent in six weeks. Brent crude was down about 15 per cent. Then, in the past four weeks, the oil inched back up to the price levels at the start of February.Late January, Baker Hughes data showed US rig counts had fallen significantly in the preceding six months. This was expected to help curtail supply, and lead to an increase in prices. Along with this, the impact of weather in Iraq and violence in Libya curtailed production and lead to a rally in prices in January. Even though the rig count had reduced from a peak of about 1,600 to 900 in March, during the same time oil production went up from about 9 million barrels a day (mbpd) to 9.37 mbpd, the highest level in the US since 1982. This was because the producers were focusing on their most productive wells and increasing output from them. In April, Barker Hughes reported the rig count had further reduced to 760. Now, production trend seems to changing as

Why are oil prices fluctuating?

Business Standard

Mumbai (Maharashtra) [India], March 4: The 16th edition of ELECRAMA 2025 organised by Indian Electrical and Electronic Manufacturers' Association (IEEMA) wrapped up on a high note, firmly establishing itself as the premier global platform for the electrical and allied electronics industry. This edition broke previous records, by hosting over 1,000+ exhibitors, attracting more than 400,000 business visitor footfalls, and generating an estimated $20 billion in business enquiries -- an undeniable testament to its unparalleled scale, influence, and global appeal.

ELECRAMA 2025 Concludes Successfully, Showcasing Innovations and Industry Leadership

Mumbai (Maharashtra) [India], March 4: Firstsource Solutions Limited (NSE: FSL) (BSE:532809), an RP-Sanjiv Goenka Group company, today announced the official opening of its Australia and New Zealand (ANZ) Headquarters in Melbourne, Victoria, alongside the launch of a dedicated AI Innovation Lab. This expansion aligns with the Victorian Government's Economic Growth Statement, which prioritizes digital technology as a key driver for economic and job growth.

 Firstsource Opens New Headquarters and AI Innovation Lab in Melbourne, Victoria

New Delhi [India], March 4:  Bathline Acquaviva Group, a leader in premium bathroom solutions, is set to revolutionize India's wellness and luxury bathroom market with the launch of HydroLuxe Spa Tubs. These advanced swim spas seamlessly blend fitness, relaxation, and high-end luxury, catering to Ultra-High-Net-Worth Individuals (UHNIs), High-Net-Worth Individuals (HNIs), luxury hotels, spa retreats, and discerning real estate developers. HydroLuxe Spa Tubs are poised to captivate India's elite, offering an unparalleled aquatic experience.

Bathline Acquaviva Group Unveils HydroLuxe Spa Tubs: Elevating Luxury and Wellness in India\'s Expanding Sanitary Ware Market

Ahmedabad (Gujarat) [India], March 4: CEPT University will host a three-part masterclass series on critical aspects of urban planning, in New Delhi on March 11 and 12, 2025. Organised by the CEPT Professional Programs (CPP) - the executive education arm of CEPT University and the CEPT Urban Planning and Design Foundation (CUPDF)- the Masterclass will be presented by world-renowned urbanist Alain Bertaud, along with insightful sessions from globally recognised urban planning experts Bimal Patel, Barjor Mehta and Vidyadhar Phatak.

CEPT University to Host Urban Planning Masterclass in New Delhi on March 11  &amp;  12

New Delhi [India], March 4: The Asian School of Cyber Laws (ASCL) and The PACT is proud to announce the launch of their highly anticipated Certificate Course on Advocacy in Mediation - a uniquely designed and delivered virtual learning course in India, aimed at transforming legal practice in the field of Alternative Dispute Resolution (ADR). This cutting-edge course is designed to provide legal professionals with the skills and knowledge necessary to grasp the lawyer's role in representing clients in Mediation.

ASCL-PACT Launch Certificate Course in Mediation Advocacy

Sensex Today | Stock Market Highlights, March 4: Among the broader markets, the Nifty Smallcap100, and Nifty Midcap100 indices settled higher by 0.69 per cent, and 0.05 per cent respectively

Stock Market, BSE, Nifty, Capital

The US is pausing all current military aid to Ukraine until Trump determines the country's leaders demonstrate a good-faith commitment to peace

Donald Trump, Volodymyr Zelenskyy

The acquisition is subject to the approval of the RBI and is expected to be completed within 45 days post receipt of RBI approval

Jio Financial Services

iPad Air with M3 is available for pre-order from March 4, with availability slated for March 12. It is offered in 11-inch and 13-inch display options and blue, purple, starlight, and space grey colour

Apple iPad Air with M3 with new Magic Keyboard

Reliance share price was quoting at a 15-month low, and below its super trend line support on the monthly scale for the first-time since April 2014; here's a technical outlook on the stock.

stock market trading

He alleged that just like Delhi, the Ayushmaan Bharat Yojana is not being implemented in Punjab as well

Nayab Singh Saini, Nayab Singh, Nayab

"Inflation, unemployment and corruption, all three have increased, they have handed over the state to the bureaucracy, says Shivpal Yadav

SP leader Shivpal Yadav

He also said that every day should be celebrated as a Women's Day, stating that things will become clear soon about the financial aid of providing Rs 2500 to women

Virendra Sachdeva, Virendra

Pope Francis remained in stable condition Saturday a day after a respiratory crisis, and spent long periods of the day off the noninvasive ventilation he initially needed in a sign that his lung function was improving as he battles double pneumonia.
Francis had no further episodes of bronchial spasms, the Vatican said in its late update. He had no fever and no signs of new infection, was feeding himself and continued his respiratory physiotherapy, the Vatican said.
The 88-year-old pope had a good response in his blood gas levels even during the long periods he was off the ventilator mask and only using high-flow supplemental oxygen. But his prognosis remained guarded, meaning he wasn't out of danger.
The Holy Father is always vigilant and aware of what's going on around him, the statement said, adding that he received the Eucharist and spent time in prayer.
The comparatively positive update came after Francis suffered a setback Friday in his two-week battle against pneumonia.
Fran

Pope Francis

This FSSAI action comes days after the Karnataka health department banned use of plastic in making idli in hotels and restaurants following an investigation

South Indian restaurant in Bengaluru sells masala dosa for Rs 20, idli for Rs 10

The order was passed by a single bench of Justice Shivkumar Dige, who noted that the special court's order of March 1 was passed mechanically, without going into the details

Sebi Chairperson Madhabi Puri Buch (Photo: PTI)

Sebi Chairperson Madhabi Puri Buch

India's exporters are already under dire threat from the US. That only makes it more important that they should not be attacked from the domestic side. QCOs must be eliminated immediately

Quality Control Orders

At Business Standard Manthan 2025, Samir Arora set the cat among the pigeons when he argued for the abolition of capital gains tax to bring back FIIs to Indian markets

Samir Arora at BS Manthan

The father of an Indian woman on death row in Abu Dhabi has approached the Delhi High Court, seeking to know her well-being.
In his petition, which is likely to come up for hearing on Monday, Shabbir Khan -- a? resident of Banda in Uttar Pradesh --? said there was "profound uncertainty" with respect to his daughter Shahzadi's condition, and his repeated applications to the Ministry of External Affairs for clarification were "fruitless".
The plea further alleged that Shahzadi was inadequately represented before the local courts in a case pertaining to the alleged murder of her employer's four-month-old child and she was pressured into "confessing", leading to the imposition of death penalty on July 31, 2023.
"On February 14, 2025, the petitioner's daughter telephoned him from detention, informing him that she had been relocated within the facility and prior to her potential execution, her final wish was to speak with her parents," the petition said.
"The petitioner, with considerabl

Aditya Gandhi

Aditya Gandhi

Aditya Gandhi

Why are oil prices fluctuating?

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ELECRAMA 2025 Concludes Successfully, Showcasing Innovations and Industry Leadership

Firstsource Opens New Headquarters and AI Innovation Lab in Melbourne, Victoria

Bathline Acquaviva Group Unveils HydroLuxe Spa Tubs: Elevating Luxury and Wellness in India's Expanding Sanitary Ware Market

CEPT University to Host Urban Planning Masterclass in New Delhi on March 11 & 12

ASCL-PACT Launch Certificate Course in Mediation Advocacy

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Stock market close highlights: Sensex sheds 96pts, Nifty at 22,083; Auto, IT fall; banks shine

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