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VOLUNTARY SUPPLY CUT
How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...- Lutnick’s Anthropic crackdown claims new power over AI modelsThe US government has taken an unprecedented step, using export control laws to restrict foreign access to advanced AI models from Anthropi...
- 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 ...
- India scrambles to steady rupee as oil shock bitesIndia is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fas...
- India's demand-side push could build USD 37.8 billion forex shield as high oil prices threaten fiscal stability: Brickwork RatingsWith crude prices likely to stay above USD 100 per barrel for the rest of 2026 and the rupee under pressure near INR 95/USD, Brickwork Rati...
- Fuel prices likely to rise if war continues: RBI Guv"If this is to continue for longer period of time, it is just a matter of time before the government will pass on some of the price increas...
- Modi’s toughest economic test may demand more than appealsPrime Minister Narendra Modi faces economic headwinds. Appeals for reduced consumption of imported goods like oil and gold may not suffice....
- India's private capex jumps 67% to Rs 7.7 lakh crore in Sept 2025: CII unveils 5-point action planIndia's private capital expenditure has seen a significant jump. This indicates a strong revival in the country's investment cycle. Manufac...
- Cboe to cut staff by 20% as exchange operator sharpens focus on core businessCboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20%...
- France unveils plan to ditch all fossil fuels by 2050France has unveiled a groundbreaking roadmap to end its reliance on fossil fuels. Coal use will cease by 2030, followed by oil in 2045 and ...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- OPEC+ set to strengthen oil output cuts in Q1 2024: Russia's deputy PMOPEC+ agreed last Thursday to voluntary supply cuts totalling about 2.2 million barrels per day (bpd), including an extension of existing S...
- Oil prices steady amid OPEC+ cut doubts, Mid-East tensionBrent crude futures edged up 13 cents to $78.16 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures were up 18 cents at ...
- Saudi Arabia to continue voluntary one million bpd oil output cut for DecemberOil hit a 2023 high in September at near $98 a barrel for Brent crude, although it has since weakened to trade around $85 a barrel on Frida...
- Russia to continue voluntary cut of oil and oil product exports until year-endRussia has agreed to undertake two separate reductions in oil supply: in April it decided to cut crude output by 500,000 barrels per day (b...
- OPEC+ panel holds oil policy steady as Saudi, Russia keep cutsOil has jumped towards $100 a barrel for Brent crude , the highest since 2022, although prices have come under pressure in recent days from...
- Oil prices edge higher on supply woes as Saudi, Russia extend output cutsBrent crude futures rose by 17 cents, or 0.2%, to $90.21 a barrel at 00:08 GMT. It crossed the $90 mark for the first time since November o...
- Oil prices jump to highest in 10 months as Saudi Arabia, Russia extend supply cutsOil prices surged over 1% following Saudi Arabia and Russia's decision to extend their voluntary supply cuts for another three months. Bren...
- Oil holds near three-month high on signs supply is tighteningOil prices are on track to hit 2023 price highs in our view. The Organization of Petroleum Exporting Countries (OPEC) meeting this Friday i...
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