Searched for
OPEC SPARE CAPACITY
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources saySeven key OPEC+ oil nations are poised to increase July output by approximately 188,000 barrels per day. This decision comes as the group m...
New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 startIran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf o...
"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...
Italian Defence Minister Crosetto’s bilateral visit strengthens the Indo-MediterraneanRising conflicts in the Indo-Mediterranean, especially after the October 7 attack on Israel and disruptions like the Strait of Hormuz closu...
UAE’s OPEC exit could sting now, help India later as oil order shifts: ReportThe United Arab Emirates has exited OPEC, a move that could change global oil supply and prices. This decision breaks a long-standing produ...
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...
Will brent crude oil price hit $150 as WTI crude surges? Is US-Iran tension or UAE’s OPEC exit driving the global oil price spike? Oil futures and gas prices surge explainedBrent crude oil price surges: The brent crude oil price is not just rising. It is accelerating with a kind of urgency markets rarely show u...
Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
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 ...
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...
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...
Oil Price Today (April 29): Crude oil crosses $110, extends gain for 8th straight session. Here’s whyOil prices continued their rally for an eighth consecutive day, driven by reports of a potential extended U.S. blockade of Iranian ports. T...
Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...
Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
Oil rises as Middle East conflict deepens, gains capped by global supply outlookOil prices rose modestly amid Middle East conflict fears, driven by Israel's strikes on Beirut and Iran's missile attacks on Israel. Althou...
Oil rises as Middle East conflict deepens, gains capped by global supply outlookOil prices rose modestly amid Middle East conflict fears, driven by Israel's strikes on Beirut and Iran's missile attacks on Israel. Althou...
Opec urges producers to ramp up investment amid shrinking spare oil capacityBrent crude breached four year highs to reach $86.74 a barrel earlier this month, the highest since 2014.
Saudi Arabia says ready to pump more oil to balance marketSaudi Arabia, which has been pumping around 10 million barrels per day, holds the largest spare capacity in the world and is the only count...
- Crude oil prices set to correct from Q3: Edelweiss
Edelweiss said that the sharp run-up in crude prices has largely been a result of supply tightness, as measured by available OPEC capacity....