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MIDDLE EAST OIL
Indian engineering giant L&T’s order wins signal Middle East revivalLarsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the M...- QatarEnergy issues tender to sell crude outside Hormuz, sources sayQatarEnergy has issued a second tender this week for crude sales. The company is selling al-Shaheen and Qatar Marine crude via transfers. T...
- Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $...
- US starts returning staff to Middle East missions after Iran war evacuations: SourcesUnited States personnel are returning to some Middle East diplomatic missions after tensions eased. Staff will go back to posts in Lebanon,...
- Crude oil prices slide 4% as markets look past Iran sanctionsOil prices dropped significantly as traders viewed new US sanctions on Iran less severely. Brent crude and West Texas Intermediate both rea...
- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- Sensex drops 200 points, Nifty falls below 24,150 as US announces harsher sanctions against Iran. What lies ahead?Indian equities extended losses on Tuesday, with Sensex falling 200 points to below 77,150 and Nifty declining 83 points to 24,136. HCL Tec...
- Interventions hold rupee on narrow leash, traders await US sanctions on IranThe Indian rupee showed little movement on Monday, remaining steady in a limited range due to ongoing central bank actions. Market particip...
- D-Street poised for positive start as GIFT Nifty signals gainsRising crude oil prices combined with ongoing tensions in the Middle East are influencing investor confidence negatively. Global markets ar...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. Pr...
- Global Market: Nikkei slips as rising oil prices, bond yields weigh on Japanese stocksJapan’s Nikkei fell on Friday and was headed for its steepest weekly decline in more than a month as rising oil prices, higher bond yields ...
- Oil set for second weekly rise as unsettled US-Iran war crimps supplyOil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US...
- Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
- Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: SourcesIndian Oil Corp has finalized a deal with Algeria's Sonatrach for LPG imports. This agreement will supply one very large gas carrier monthl...
- Oil prices steady as investors assess US-Iran war outlookOil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in t...
- Oil climbs as fading US-Iran peace hopes raise supply risksOil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The ...
- Global Market Today: Asian shares advance; oil rises on Middle East concernsAs peace prospects in the Middle East worsen, oil prices surged, reigniting fears about supply disruptions. Concurrently, US Treasury yield...
- Global Market: Japan stocks edge lower after GDP growth misses forecastsJapanese equities traded mostly lower as weaker-than-expected economic growth and elevated oil prices weighed on investor sentiment. Concer...
- US says more oil is leaving Middle East. Is it really?US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, re...
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