Asia’s ultra-rich having second thoughts on Dubai as war ragesAsia’s wealthy families are reconsidering their investments and relocation plans in Dubai as the Iran war raises security concerns in the r...
09 Mar, 2026, 08.20 AM IST
China, India refiners scour the world for oil supplies as US sanctions to curb Russian supplyNew U.S. sanctions on Russian oil producers and ships will disrupt Russian oil supply to China and India, driving up prices and freight cos...
13 Jan, 2025, 04.02 PM IST
Indian refiners shift crude strategy amid fears of Russian oil supply shocksIndian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced availability and h...
11 Jan, 2025, 11.16 AM IST
Saudi oil cuts see top buyers looking at alternativesThe two producer countries said on Monday that they will prolong and deepen output cuts into August. Along with reductions they already mad...
05 Jul, 2023, 06.08 AM IST
Qatar increases crude oil prices in JulyJune prices were set at $1.00/bbl above the Oman/Dubai average for the Marine crude and $0.70/bbl above Oman/Dubai average for Land crude.
08 Jun, 2021, 05.31 PM IST
Kuwait raises May crude oil official selling prices for AsiaThe producer set the May Kuwait Super Light Crude (KSLC) OSP also at $1.35 cents above Oman/Dubai, 30 cents above the previous month.
09 Apr, 2021, 12.33 PM IST
Average Dubai crude oil price rises to 13-month high in Feb: SourcesThe monthly averages for February for Dubai and Oman as quoted by Platts are indicated in the table. Middle East producers set their monthl...
01 Mar, 2021, 10.43 AM IST
Qatar raises February Marine, Land crude official selling pricesThe February OSP for Qatar Land crude was set at 40 cents a barrel above the Platts Oman/Dubai average, up 40 cents from the previous month...
11 Jan, 2021, 03.03 PM IST
Average Dubai crude oil price rises to 10-month-high in December: SourcesSaudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Duba...
04 Jan, 2021, 12.16 PM IST
Saudi Arabia may raise July oil prices to Asia: SurveySaudi Arabia is expected to increase the July OSP for Arab Light crude by $3.80 a barrel on average.
01 Jun, 2020, 04.53 PM IST
Real oil market is sinking and Opec+ deal can’t rescue itProducer nations pledged to limit output by an unprecedented 10 per cent of global supply.
16 Apr, 2020, 02.20 PM IST
- Oil rises toward $98 as traders eye Libyan exports
In an effort to compensate for the loss of Libyan crude, Saudi Arabia has boosted its oil output - a move which soon could be replicated by...
01 Mar, 2011, 07.43 PM IST
- Tracing oil from well to world market
Oil prices have risen, particularly for better quality crude oils, to bring supply and demand into balance.
28 May, 2008, 04.57 AM IST
- Learning the business of crude trade
When you trade crude oil on Indian commodity exchanges, there is one thing you can be sure of: The price you see on your terminal is the pr...
18 Jan, 2007, 12.00 AM IST