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MIDDLE EAST OIL IMPORTS
Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...- Oil Price Today (October 21): Crude oil crosses $110 amid Middle East supply concerns. What lies ahead?Brent crude futures jumped more than $1 to trade at around $110 per barrel. WTI Crude futures also gained more than a dollar to trade at ar...
- Oil rises on Middle East supply worriesOil prices are climbing amid increasing supply worries in the Middle East. Ongoing attacks on maritime vessels beyond the Strait of Hormuz ...
- Oil Price Today (October 20): Crude oil nears $110 again as fresh attacks outweigh easing Russian sanctions. What are experts saying?Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delive...
- Oil eases as markets assess potential waiver on Russian energy, Middle East supply risksOil prices fell on Tuesday as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs tied...
- Rupee ends flat as stock slump, importer hedging erodes bounceThe Indian rupee held steady even as it initially surged, influenced by rising dollar demand from importers. However, the local stock marke...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s whyBrent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
- Oil slips as Trump's sanction waiver may lead to more Russian fuel suppliesOil prices took a tumble after US President Trump eased sanctions on Russia, prompting a surge in fuel exports. Brent crude futures fell to...
- Iran keeps Strait of Hormuz reopening offer on table, says path depends on USIran's Foreign Minister Abbas Araqchi confirmed that an offer to reopen the Strait of Hormuz is still valid. This proposal involves several...
- Oil prices may ease to $80 per barrel in 2027 as Middle East supply recovers: Goldman SachsGoldman Sachs expects Brent crude prices to ease to $80 per barrel in 2027 as Middle Eastern supplies recover and the global oil market mov...
- Oil edges down as investors weigh possible US sanctions on 'shadow fleet'Following recent geopolitical tensions and fluctuating investor sentiment, oil prices have seen a downward trend. Brent crude futures suffe...
- The 'biggest' risk to Asia’s economies isn’t over yet, IMF warnsThe IMF has warned that a prolonged Middle East war and renewed disruptions to energy production, shipping routes and critical infrastructu...
- Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
- Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
- EAM Jaishankar to embark on three-day visit to UAEExternal Affairs Minister Dr. S. Jaishankar is scheduled to visit the United Arab Emirates from October 14 to 16. He will engage in a bilat...
- Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
- Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
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