7 OPEC+ nations announce second straight 188,000 bpd output increase for JulySeven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...
07 Jun, 2026, 08.25 PM IST
OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
07 Jun, 2026, 07.07 PM IST
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
07 Jun, 2026, 01.34 PM IST
OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
07 Jun, 2026, 01.15 PM IST
Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...
23 May, 2026, 11.17 AM IST
Oil prices gain as investors doubt breakthrough in US-Iran peace talksOil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potentia...
22 May, 2026, 07.25 AM IST
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...
21 May, 2026, 09.25 PM IST
India ready to extend all possible support to bring peace in West Asia: PM Modi in UAEPrime Minister Narendra Modi met UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. India pledged full support to foster peace ...
15 May, 2026, 02.53 PM IST
PM Modi likely to seek more energy supplies from UAE during short visit, sources sayIndian Prime Minister Narendra Modi will visit the UAE to discuss long-term energy supply deals and expand strategic oil reserves. The visi...
14 May, 2026, 02.24 PM IST
PM Modi to leave on five-nation tour tomorrow, discussions in UAE to also focus on strengthening energy securityPrime Minister Narendra Modi begins a five-nation tour tomorrow. The visit aims to strengthen India's ties with the UAE and four European n...
14 May, 2026, 07.37 AM IST
India, UAE set to ink energy pacts on LPG and strategic oil reserves on FridayPrime Minister Narendra Modi embarks on a significant visit to the UAE and four European nations. Key agreements on energy security with th...
13 May, 2026, 10.01 PM IST
India, UAE likely to sign pacts on LPG, Strategic Petroleum Reserves during PM Modi's UAE visit: SourcesPrime Minister Narendra Modi's upcoming visit to the United Arab Emirates will highlight energy security. Two significant agreements on Liq...
13 May, 2026, 07.52 PM IST
Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil rises as supply fears returnWhy are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil prices increased as hopes for a...
12 May, 2026, 01.48 PM IST
Oil prices rise as fragile US-Iran talks sustain supply worriesOil prices edged up in early Asian trade as fragile U.S.-Iran negotiations highlighted supply concerns, with Tehran's response revealing si...
12 May, 2026, 06.28 AM IST
UAE oil giant ADNOC pledges $55 billion in new projects by 2028: statementThe Abu Dhabi National Oil Company on Sunday pledged to spend $55 billion on new projects over the next two years, just days after the Unit...
03 May, 2026, 06.23 PM IST
OPEC+ set to approve third supply increase since Hormuz disruption, sources sayOPEC+ plans a small oil output increase. This boost will be symbolic as the U.S.-Iran conflict blocks vital Gulf oil routes. The Strait of ...
03 May, 2026, 02.24 PM IST
OPEC+ to make first post-UAE production decisionSeven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...
03 May, 2026, 09.20 AM IST