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SAUDI ARABIA CRUDE OIL PRICES
Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...07 Jul, 2026, 04.11 PM IST- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...07 Jul, 2026, 01.41 PM IST
- Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...07 Jul, 2026, 01.12 PM IST
- Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile HormuzSaudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbour...07 Jul, 2026, 01.01 PM IST
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...07 Jul, 2026, 11.59 AM IST
- Rupee rises 15 paise to 95.28 against US dollar in early tradeThe Indian rupee gained fifteen paise against the US dollar in early trade. Saudi Arabia's significant slash in August crude oil prices for...07 Jul, 2026, 09.54 AM IST
- Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...07 Jul, 2026, 09.06 AM IST
- Oil prices gain as focus shifts to supply recovery and demandOil prices saw slight gains Tuesday as traders focused on supply increases. Traders are looking beyond Middle East tensions to demand prosp...07 Jul, 2026, 07.21 AM IST
- Saudi Arabia makes August crude oil cheaper for Asian buyersSaudi Arabia has significantly slashed its August Arab Light crude oil price for Asia, setting it at $1.50 a barrel below the Oman/Dubai av...06 Jul, 2026, 06.44 PM IST
- Oil Price Today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the declineBrent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 ...06 Jul, 2026, 09.00 AM IST
- Oil slips after OPEC+ agrees to raise output targetsOil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despi...06 Jul, 2026, 06.34 AM IST
- June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...04 Jul, 2026, 12.31 AM IST
- Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...03 Jul, 2026, 02.36 PM IST
- Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...03 Jul, 2026, 07.52 AM IST
- Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...02 Jul, 2026, 11.40 PM IST
- Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...30 Jun, 2026, 12.37 PM IST
- Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...29 Jun, 2026, 06.04 AM IST
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