adminSaudi 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…
Ukraine hits two Russian ‘shadow fleet’ oil tankers with naval drones | World News
Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said…
OPEC set to hold oil output policy steady on Sunday, sources say
OPEC, OPEC meetings to start at 1300 GMT Sunday, sources say OPEC and OPEC 8 members expected to stick to output targets EXPLAINER nL2N3RY08R on OPEC output hikes and cuts…
Oil Gains, Recouping Losses after Trump Touts Ukraine Progress
Oil crept higher alongside global equities, bouncing off a one-month low as the White House signaled optimism about a peace deal between Russia and Ukraine, which could bring back Moscow’s…
Oil slips as investors weigh potential supply glut, weak demand
HOUSTON (Reuters) -Oil prices fell on Thursday as investors weighed a potential supply glut and weakened demand in the United States, the world’s largest oil consumer. Brent crude futures were…
India ‘studying implications’ of US sanctions on Russian oil firms, says guided by ‘needs of 1.4 billion people’ | India News
India on Thursday said it is assessing the implications of recent US sanctions on Russian oil majors Rosneft and Lukoil, even as it reiterated that its energy purchases are guided…
Russian oil company Lukoil to sell international assets in response to Trump sanctions | World News
Russian oil company Lukoil says it is selling its international assets in response to sanctions imposed by US President Donald Trump. (Photo: @nexta_tv) Russian oil company Lukoil says it is…
Q2 results 2025: L&T, ITC, Indian Oil, Swiggy, Adani Green among companies to declare earnings next week
Q2 results 2025: Around 300 companies will be announcing their September quarter financial results for the financial year 2025-2026 in the coming week. Larsen & Toubro, ITC, Indian Oil, Swiggy,…
Oil prices dip as US economic concerns outweigh Fed rate cut
NEW YORK (Reuters) – Oil prices eased on Thursday as traders focused more on concerns about the U.S. economy than the start of looser monetary policy after the U.S. Federal…
