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MIDDLE EASTERN OIL MARKET
Why is market rising today? Sensex surges 600 points, Nifty above 24,550. 6 key factors fueling the rallyIndian stock markets saw significant gains on Monday, with the Sensex and Nifty rising approximately one percent. This surge followed US Pr...- Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
- UAE to revamp crude pricing amid sharp market fluctuationsAbu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...
- Gold gains as oil slumps after Trump holds off on Iran attackGold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action again...
- Oil tumbles as Trump cancels attack on Iran to reach nuclear dealOil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nucle...
- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- 5 World Market themes for the week aheadGlobal markets face significant turbulence this week from multiple sources. AI-linked stocks are experiencing unprecedented volatility as i...
- Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
- Vedanta Oil & Gas shares dip 4% despite becoming profitable in Q1Vedanta Oil & Gas shares fell despite the company reporting a sharp turnaround in Q1 FY27, posting a consolidated net profit of Rs 945 cror...
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- China holds talks with Houthis to allow tankers via Red SeaChina was among the first countries to contact the Houthis directly about transits through Bab el-Mandeb, the strait at the southern end of...
- Vedanta Oil & Gas Q1 Results: Co swings to black with Rs 945 crore profit, revenue up 9% YoYVedanta Oil & Gas posted a Rs 945 crore net profit for Q1 FY27. This marks a significant turnaround from the previous year's net loss. The ...
- Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
- Trump says US isn't involved in Houthis-Saudi Arabia conflict, but it 'may' step inPresident Trump stated the United States is not currently involved in the Saudi-Houthi conflict. He mentioned ongoing negotiations with Sau...
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
- Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
- 12 commercial vessels redirected, two 'non-compliant' ships disabled as US enforces full blockade against Iran: CENTCOMUS Central Command confirmed its naval blockade against Iran remains fully operational. Coalition forces redirected twelve commercial vesse...
- India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
- Cutting off Red Sea oil route may be one crisis too manyThe Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
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