Oil prices rose about 1% in early trade on Monday after OPEC+ announced a more modest monthly increase in production than expected, tempering some concerns about supply additions. Brent crude…
Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude…
Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by U.S. President Donald Trump's barrage of new tariffs and…
Oil prices dropped to a near two-month low on receding tensions in the Middle East, a complex interplay of escalating supply levels, demand worries, and challenging economic indicators. The global…
Indian frontline indices S&P BSE Sensex and Nifty50 on Friday ended with modest weekly gains of nearly 0.10% amid mixed global cues. Amid a host of important domestic and global…
Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve's policy outlook, while the fragile yen flirted…
Crude oil shed to a near four-month low last week due to easing supply tensions in the Middle East, rising OPEC exports, mixed economic data release from China, and a…
DUBAI: Saudi Arabia on Wednesday said it would continue with its voluntary oil output cut of one million barrels per day (bpd) for the month of November and until the…
The CEO of Saudi Arabian oil giant Aramco on Monday pushed back against forecasts of peak oil demand, and said the narrative of the current energy transition was based on…
Demand optimism amid production cuts by Opec-plus countries lifted global oil prices to three-month highs. The most active US NYMEX futures gained almost 17% in July, sending prices well above…