If oil stays below $100, then India will remain in good shape: Jinesh Gopani
"I think if you are looking at comparison to emerging markets, Indian market valuation is still a bit higher as compared to the other emerging markets. And hence, if you…
Erdogan’s political fate may be determined by Turkey’s Kurds | CNN
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi,…
Saudi Arabia, other OPEC+ producers announce voluntary oil output cuts
Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by 500,000 barrels per day (bpd) from May…
Saudi Arabia gathers China’s Xi Jinping with Arab leaders in ‘new era’ of ties
Iraqi Prime Minister Mohammed Shia al-Sudani shakes hands with Chinese President Xi Jinping in Riyadh, Saudi Arabia on December 9, 2022 | Photo Credit: via Reuters Chinese President Xi Jinping…
Oil prices slide on concerns over China’s demand
A flare to burn methane from oil production is seen on a well pad near Watford City, North Dakota, Aug. 26, 2021. | Photo Credit: AP Oil prices dropped in…
US stock market: Dow, Nasdaq slip as concerns rise of stricter China COVID curbs
Wall Street's main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most severe test of the…
Goldman Sachs | Brent oil: Goldman Sachs cuts 4Q oil forecast by $10/bbl on China ‘speed bump’
Goldman Sachs on Sunday cut its fourth-quarter Brent oil price forecasts by $10 to $100 a barrel, citing factors including a likely hit to consumption from China's COVID case spike.…
Uncertain macroeconomic conditions continue to create volatility in global oil prices
Although prices cooled down from their 14-year high hit in March, crude oil prices remain extremely volatile on uncertain macroeconomic conditions. A cut in global oil demand forecast by agencies…
Oil prices retreat on demand destruction fears, benchmarks off 4% for week
Oil prices turned down in early trade on Friday after a slight rebound in the previous session, leaving them set to fall for a second straight week on worries that…
Oil prices slip as weak manufacturing data stokes recession fears
Oil prices edged lower on Tuesday, extending losses from the previous session, as investors worried about global oil demand following weak manufacturing data in several countries. Brent crude futures fell…