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SAUDI OIL PRICE CUT
Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?- Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?
- IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices
- Rupee rallies 50 paise as cheaper crude lifts sentimentThe Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude ...08 Jul, 2026, 05.29 AM IST
- 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
- 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
- ET Graphics: Crude oil retreats, but India's fuel bills stay upChina has reduced fuel prices, mirroring pre-war levels as crude oil costs decline. Indian private retailer Nayara Energy also cut its fuel...07 Jul, 2026, 01.35 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
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...06 Jul, 2026, 07.19 AM IST
- OPEC+ adjusts August production, reaffirms stability commitment; next meet August 2Seven OPEC+ nations, including Saudi Arabia and Russia, have agreed to a 188,000 barrels per day production adjustment starting August 2026...05 Jul, 2026, 03.55 PM IST
- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...05 Jul, 2026, 08.33 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
- 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
- LPG Gas Rate Today: Check domestic 14 KG cylinder price today in Delhi, Mumbai, Chandigarh, Hyderabad, Bengaluru and other citiesLPG Cylinder Price Today: Good news for consumers as state-run oil companies have revised LPG prices for July 2026. While domestic cylinder...01 Jul, 2026, 08.50 AM IST
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