"Geopolitical Earthquake": UAE quits OPEC to defy Saudi energy dominance, says analysisThe UAE has exited OPEC and OPEC+, ending decades of Saudi economic influence. Analysts call it a "political rebellion" prioritizing market...
02 May, 2026, 09.40 AM IST
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
30 Apr, 2026, 08.28 AM IST
UAE's OPEC exit: With cartel cracked, oil spills over geopoliticsIn a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...
29 Apr, 2026, 09.31 PM IST
Oil Price Today (April 24): Crude oil nears $110, extends 5-day rally as Iran war tensions rise. Here’s what experts sayOil prices surged for a fifth consecutive day, fueled by escalating Middle East tensions. Iran's actions in the Strait of Hormuz and report...
24 Apr, 2026, 07.52 AM IST
Global Market | Oil surge, inflation risks and war jitters set stage for volatile weekGlobal markets face a crucial week on fragile footing as U.S. President Trump's signals dampen hopes for a swift Iran conflict resolution. ...
06 Apr, 2026, 09.43 AM IST
OPEC+ removes US govt data, to stick to policy of raising output graduallyOPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Informati...
03 Feb, 2025, 08.51 PM IST
Members of OPEC+ oil producers' alliance postpone production increases as crude prices stagnateOPEC+ postponed oil production hikes. The increase of 2.2 million barrels per day is now delayed to late 2026. Weaker demand and competitio...
05 Dec, 2024, 08.10 PM IST
Oil falls on demand fears and doubts over OPEC+ cutsMonday's fall adds to a 2% decline last week after the supply cuts announced on Thursday by the Organization of the Petroleum Exporting Cou...
04 Dec, 2023, 10.46 PM IST
Oil edges higher as tighter supply looms, growth concerns weighOil prices increased slightly on Monday despite concerns about weak global growth that could impact fuel demand. The increase in prices fol...
10 Apr, 2023, 06.27 PM IST
Trade setup: Nifty may stage a technical pullback; avoid shortsMarket has come off 2,000-odd points, or over 16 per cent, from peak levels touched in Jan.
10 Mar, 2020, 07.37 PM IST
Saudi's Falih says oil stocks still building, but Opec to act if needed"We will be flexible. We are going to do the right thing as we always do," Falih said .
18 May, 2019, 01.06 PM IST
Opec and Russia extend output cuts, boosting oil alliance“We are united, shoulder to shoulder,” Saudi Arabian Energy Minister Khalid Al-Falih said.
01 Dec, 2017, 09.32 AM IST
OPEC is said to get few answers on shale before deciding on cutsThe US is set to pump about 9.2 million barrels a day on average this year.
24 Nov, 2017, 04.01 PM IST
Crude effect: Cheaper oil to fuel emerging markets rallyOil prices have been softening in the past few weeks due to over supply from Opec countries, North America and Brazil. Experts say declinin...
24 Jan, 2014, 05.41 AM IST
- Russia proposes closer ties with OPEC
Russian Vice Premier Igor Sechin reached out to OPEC late Tuesday, calling for greater cooperation between the cartel and his country in a ...
10 Sep, 2008, 08.54 AM IST
- Opec sees increase in oil demand
Opec's report on oil demand contradicts with the latest predictions by the IEA.
18 Jul, 2007, 02.16 AM IST
- Crude prices lower in Asian trade
Crude prices were lower in Asian trade Monday on mild US weather, ample supplies of heating oil products and confusion over planned product...
20 Nov, 2006, 09.30 AM IST