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Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refinersBenchmark Brent fell to around $72 a barrel Thursday, down from an average of $99 in first week of June and $109 during the three months ti...- Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
- Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
- Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- 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...
- 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...
- Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
- Oil well the damage control machineryAs India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- 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...
- Wars, Oil and Wealth: The world adapts faster than we think, lessons for equity investorsIndia today is a more than four-trillion-dollar economy with stronger external reserves, wider energy relationships, greater diplomatic rea...
- 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...
- 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...
- How the Mideast war brought UAE, Israel closer togetherAfter facing barrages of Iranian missiles that threatened its economic future, the UAE has moved closer to Israel, widening a split with al...
- 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 ...
- 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...
- 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...
- 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...
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