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The Economic Times

Personal Finance / The Economic Times

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Crude surge reshapes oil & gas sector outlook

Global oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a major concern. High oil prices are impacting demand. Upstream companies benefit, while downstream oil marketing companies face margin pressure. Natural gas recovery is expected to be slower.

11 May 2026 6:30 am