OPEC extends crude oil production pause amid geopolitical tension

The Organization of the Petroleum Exporting Countries (OPEC) declared on Sunday its decision to maintain consistent crude oil output levels through March — the final phase of a three-month supply…

Why is Reliance buying Venezuelan crude oil from US that costs more than Middle Eastern imports? Expert questions

Oil refining giant, Reliance Industries, will likely spend more money buying Venezuelan crude oil from the United States, compared to what the company would spend buying from the Middle Eastern…

7 key things that changed for market overnight – Gift Nifty, crude oil to gold, silver prices

Stock market today: The Indian stock market is likely to open on a subdued note on Thursday, January 8, tracking mixed cues in Asian markets. Meanwhile, early trends in Gift…

Saudi Arabia cuts crude oil prices for Asia to 5-year low amid rising signs of surplus reserves — here are the details

Organisation of the Petroleum Exporting Countries (OPEC) member Saudi Arabia has slashed its crude oil selling price to Asia for January 2026 to a five-year low amid rising signs of…

Crude oil prices extend gains; Brent hits $63, WTI nears $60 after Ukraine strike on Russian oil pipeline

Crude prices extended gains into a second session on Thursday, December 4, with Brent crude futures rising 0.52% to $63 per barrel, while WTI crude futures gained nearly 1%, reaching…