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OIL PRICES RISE SAUDI ATTACKS
Air India Delhi-Riyadh flight turns back midway as Houthi attacks hit Saudi airports, all Riyadh flights halt till October 10Air India flight AI2243 took off from Delhi towards Riyadh but turned around during its journey due to safety concerns. This decision came ...
Houthis claim new attack against airport in Saudi capital as witness reports evacuationSeveral explosions were heard in Saudi Arabia's capital Riyadh on Thursday, including a large blast at King Khalid International Airport, a...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
Attacks on Saudi airports claimed by Houthi rebels kill 3 peopleTwo attacks on Saudi airports by Houthi rebels resulted in three fatalities and numerous injuries on Wednesday. The strikes targeted Abha a...
Global Market: European shares fall as rising yields, oil lift risk concernsEuropean shares fell after three sessions of gains as rising oil prices and global bond yields weighed on sentiment, while concerns over Fr...
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...
Oil prices rise as storms and air strikes threaten supplyAs a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending st...
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
Why did market rise today? Sensex jumps over 685 points, Nifty closes above 22,750. 4 key factors behind D-St rallyThe Indian stock market recorded notable gains as investor confidence improved with cooling oil prices and strong quarterly updates. Sensex...
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edgeBrent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 ...
Oil prices slip as traders weigh strong Mideast exports against Gulf tensionsOil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futur...
Global Market: OPEC+ keeps November oil output steady as Brent tops $100Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $...
Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
Oil Price Today (October 1): Crude oil at $98 as investors assess supply recovery, peace deal talks. What are analysts saying?Brent crude was trading near $98 a barrel after touching $104 during Wednesday’s intraday trade. West Texas Intermediate (WTI) for November...
Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...
Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilitiesOn Friday, oil prices took a small dip after a week marked by fluctuations. Brent crude prices lowered to $105.85 per barrel, while West Te...