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OPEC AND NON OPEC
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%, ...
Oil ticks lower as Russia diesel supply prospects counter Gulf supply risksOil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...
'Iran signed NPT, India did not...situation is very different': Jaishankar highlights distinctions, deepening global energy crises amid West Asia turmoilExternal Affairs Minister S Jaishankar said India's non-signatory status under the NPT gives it a different position from Iran, which is an...
How Trump's diplomatic week exposed the limits of his powerUS President Donald Trump sought to project diplomatic strength through his UN address and summit with Chinese President Xi Jinping, but th...
Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
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...
OPEC switches to 'call on OPEC+' in global oil demand outlook, sources sayOPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter ...
Oil heads for more swings, dollar to offer near-term triggersCrude expected to remain choppy as the dollar will provide near-term triggers.
Oil has run up too far, too fast; correction ahead?Opec output also continues to be lower in YoY comparisons and compliance is improving.
Rupee in free fall, trips 35 paise on panic dollar buyingThis is the lowest closing for the domestic currency since March 23, when it had settled at 65.52 per dollar
Petrobras turnaround could yield first dividend in years in 2017Rising output in Brazil's prodigious offshore fields is helping Parente turn Petrobras around from its nadir in 2014, when the firm last pa...
Oil seen headed to $60 as Saudi Arabia signal deeper output cutsBrent sank near $27 a barrel in January as surging output from Opec and other sources, notably U.S. shale, pushed inventories up faster tha...
OPEC chief Abdullah el-Badri confident of a balanced oil market in 2016Badri also admitted that the "market remains oversupplied", and insisted that stability is paramount to the crude market which faced "extre...