OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
30 Apr, 2026, 08.29 PM IST
UAE’s OPEC+ exit signals structural fractures, but near-term oil impact limited: Matt OrtonUAE's exit from OPEC+ coordination has little short-term oil impact. Geopolitical issues dominate. Markets have rallied, but easy gains are...
29 Apr, 2026, 11.29 AM IST
AI battle heats up, OPEC fractures: Arnab Das on the two biggest market stories right nowGlobal markets face two major shifts: intense AI competition sees Anthropic challenging OpenAI's dominance, raising questions about AI's mo...
29 Apr, 2026, 10.21 AM IST
OPEC and semi-shut case for the WestBy agreeing to production cuts, Opec is accepting the discounts in Russian crude oil supply to buyers like China and India, while Western c...
02 Nov, 2022, 11.00 PM IST
Could OPEC's house of cards collapse?Tensions are emerging over what to do about output targets, which are set to be eased from the beginning of next year.
22 Nov, 2020, 03.46 PM IST
View: Joe Biden would be a sea change for the oil industryFrom crippling the oil exports of Iran and Venezuela to taking credit for brokering the biggest-ever voluntary production cuts, Trump's fin...
18 Oct, 2020, 12.42 PM IST
Guar gum shipments may rise on shale drilling bidsIndia dominates the guar gum industry, commanding about 80 per cent of global production, followed by Pakistan.
06 Jan, 2020, 10.47 AM IST
Guar crop not ‘promising’, acreage likely to decreaseThe total area under guar crop is 35 lakh hectares.
21 May, 2019, 08.14 AM IST
US-China trade deal may send Brent crude prices to $70 levelA tug of war between Opec cuts and a weakening China has been weighing on crude prices.
13 Mar, 2019, 08.07 PM IST
Qatar announces Opec exit days before pivotal oil cuts meetingQatar is Opec’s 11th-biggest oil producer, accounting for less than 2% of total output.
03 Dec, 2018, 07.14 PM IST
A Saudi-Iran oil price war could break up OpecSaudi Arabia could boost its production. According to Platts, it has the biggest portion of Opec’s combined spare capacity.
28 Aug, 2018, 10.27 AM IST
Saudi’s control of global oil supply is ‘on the ropes’Kingdom’s attempts to boost prices by controlling supply have failed more than once.
24 May, 2017, 10.44 AM IST
US shale's the wild horse that Opec just can't tameThe strength of shale's rebound suggests that Opec faces a long-term struggle against this new source of supply.
23 Apr, 2017, 03.20 PM IST
‘Oil will still head to $10 a barrel'Even Saudi Arabia is acknowledging the reality by quashing attempts to freeze output, borrowing from banks and preparing to sell a stake in...
30 Jun, 2016, 05.52 AM IST
Hedge funds give up betting on oil as prices continue to tumbleOpec’s decision to not to reduce its output target of 30m barrels a day prompted speculation that the group will let crude slide to a price...
02 Jan, 2015, 04.54 AM IST
- Opec uniting to keep quota as oil heads for its best year
“They probably don’t want to play around with the formal target at the moment , and they’ll probably just continue with this policy of info...
13 Dec, 2012, 01.22 PM IST
- World's gas rich nations expected to form cartel
The world's largest natural gas producers are expected to announce the formation of a cartel at Doha, Qatar, next week but experts in the U...
07 Apr, 2007, 09.55 AM IST