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OPEC+ keeps October oil output quota unchanged
Seven OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – have agreed to keep their...
US oil, gas workers drive production to record high: Energy Secy
"American oil and gas workers have driven production to an all-time high, making the U.S. the world's largest...
India's crude imports rebound as refiners diversify sourcing amid
India's crude oil imports have largely recovered to pre-conflict levels despite months of disruptions in the Middle...
Iran's "respect" for US key to peace and resolving war: Trump
US President Donald Trump emphasised that "respect" from Tehran will be the deciding factor in maintaining peace...
Brent crude prices could hit USD 150/bbl under bull case scenario
Global oil markets are severely under-pricing supply duration and tail risks, with Brent crude prices poised to...
US extends waiver on Russian oil “stranded at sea” for 30 days
US Secretary of Treasury Scott Bessent on Monday stated that his Department is issuing a temporary 30-day general...
Demand destruction to rebalance oil markets amid supply shock; ou
Global oil markets are likely to rebalance through demand destruction triggered by high crude prices amid ongoing...
Impact of UAE exit from OPEC uncertain, India should focus
The impact of the United Arab Emirates (UAE) exiting OPEC on global energy markets remains uncertain as of now, but...
Crude could hit USD 150 within weeks if disruption persists
Global oil markets are facing a severe supply crunch, with crude prices likely to surge further and potentially...
West Asia conflict fuelling EV shift in India, says BMW
After tensions in West Asia rattled global oil markets, India's luxury carmakers are seeing an unexpected...
NSE to launch Dated Brent Crude Oil futures from April 1
The exchange stated that the new futures contracts will be available for trading with effect from April 13, 2026, as...
Railways' electrification as a safeguard against oil supply risk
Indian Railways has undertaken electrification of its network in mission mode over the last decade, significantly...
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