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Saudi Red Sea oil exports go 'dark' as Houthi attack threat growsSaudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Sa...- OPEC oil output rises further in July led by Gulf producers, Reuters survey showsIn July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that ...
- OPEC+ agrees September oil hike, completing rollback of voluntary cutsOPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cut...
- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- ConocoPhillips takes 42% stake in BP Iraq ventureConocoPhillips will acquire a minority stake in BP's northern Iraq oil venture. The deal involves BP Energy Company of Kirkuk Limited's pro...
- China's oil fortress will reshape the global orderChina shielded itself from the Iran war's energy shock by cutting crude imports and restricting fuel exports. This move demonstrated its ca...
- Iraq PM to meet Trump in Washington under pressure over Iran tiesIraqi Prime Minister Ali al-Zaidi will meet US President Donald Trump in Washington on Tuesday, as the US administration piles pressure on ...
- Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
- Global Market Today: Shares edge higher in Asia as oil dips, earnings loomAsian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have...
- Oil slips after OPEC+ agrees to raise output targetsOil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despi...
- Will Sensex, Nifty continue to rally on Monday? Q1 earnings among 6 factors to drive Dalal Street this weekSensex gained around 262 points to close at 77,764 on Friday, while Nifty 50 rose more than 95 points to end the session above 24,270 durin...
- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
- Sensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gainsIndian stock markets surged on Friday, with Sensex and Nifty climbing over 0.3% each. This rally was fueled by easing Middle East tensions,...
- Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources sayBaghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...
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