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Oil prices fell over 2% due to Saudi Arabia's price cuts and rising OPEC output. Geopolitical tension in the Middle East raised supply concerns. Brent crude slid..
Credit: IndiaTimes - Published on January 8, 2024

Oil prices fall due to Saudi Arabia's price cuts and increased OPEC output. Geopolitical tension in the Middle East is a concern but has limited downside. Saudi..
Credit: IndiaTimes - Published on January 8, 2024

Oil prices steady as investors weigh OPEC+ cuts against worsening demand outlook in China; Brent crude futures fell to $77.15 a barrel, while US WTI crude..
Credit: IndiaTimes - Published on December 6, 2023

Oil prices rise on uncertainty over voluntary output cuts by OPEC+ group, Middle East tensions, and positive economic signals in Europe. Saudi Arabia's energy..
Credit: IndiaTimes - Published on December 5, 2023

Saudi Arabia extends oil production cut; concerns over oversupply persist; US gas prices remain low; Brazil to join OPEC+; quotas set for Angola, Congo, and..
Credit: IndiaTimes - Published on November 30, 2023

Oil prices increased as Saudi Arabia and Russia confirmed their commitment to continue voluntary supply cuts until the end of the year. Brent crude rose 1.21% to..
Credit: IndiaTimes - Published on November 6, 2023

Oil prices increased slightly as Saudi Arabia and Russia confirmed that they would continue with voluntary oil output cuts until the end of the year. Brent crude..
Credit: IndiaTimes - Published on November 6, 2023

Oil prices fell on Monday, undoing some of Friday's gains, as investors are cautious about the potential impact of the Israel-Hamas conflict on oil supplies and..
Credit: IndiaTimes - Published on October 16, 2023

Goldman Sachs has stated that the recent attacks in Israel will not have an immediate major impact on oil market inventories. However, the attacks could reduce..
Credit: IndiaTimes - Published on October 9, 2023

Oil prices surged over $3 a barrel in early Asian trade on Monday due to the military clashes between Israeli and Hamas forces, which has caused political..
Credit: IndiaTimes - Published on October 9, 2023

Oil prices hit a 10-month high of nearly $90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the..
Credit: IndiaTimes - Published on September 6, 2023

State-run fuel retailers are delaying a price cut as oil prices harden towards $80/barrel as the narrative of the market getting tighter gains momentum amid..
Credit: IndiaTimes - Published on July 16, 2023

Oil prices surged as the OPEC+ alliance unexpectedly announced crude output cuts that will exceed one million barrels a day from next month, with Saudi Arabia..
Credit: IndiaTimes - Published on April 3, 2023

India is one of the worldโ€™s biggest crude importers and a major buyer from Persian Gulf countries such as the United Arab Emirates, Saudi Arabia and Iraq...
Credit: IndiaTimes - Published on October 31, 2022

Crude oil prices reached 1- week high as Saudi Arabia has warned of cutting crude oil production which has spurred the crude oil prices again.
Credit: DNA - Published on August 24, 2022

Credit: Indian Express - Published on March 22, 2022

Credit: newKerala.com - Published on March 14, 2022

Credit: newKerala.com - Published on March 9, 2022

Petroleum minister Hardeep Singh Puri on Friday said continuing high international oil prices will hurt the global economic recovery as he made a renewed pitch..
Credit: IndiaTimes - Published on November 26, 2021

India, the world's third-largest energy consumer, on Wednesday warned that high oil prices will undermine global economic recovery, and nudged Saudi Arabia and..
Credit: IndiaTimes - Published on October 20, 2021

Oil minister, Hardeep Singh Puri has jumped into the rough and tumble of international oil diplomacy in search of market calm as fuel prices soar at home. Puri..
Credit: IndiaTimes - Published on July 14, 2021

Hopes of any respite from rising fuel prices receded on Monday after a bitter dispute between Saudi Arabia and UAE on Monday stalled an Opec-plus output deal,..
Credit: IndiaTimes - Published on July 5, 2021

The attacks on Sunday were intercepted, Saudi Arabia said, and oil output appeared to be unaffected. But the latest in a spate of assaults claimed by Iran-backed..
Credit: IndiaTimes - Published on March 8, 2021

The attacks on Sunday were intercepted, Saudi Arabia said, and oil output appeared to be unaffected. But the latest in a spate of assaults claimed by Iran-backed..
Credit: IndiaTimes - Published on March 8, 2021

International oil prices rose after OPEC and its allies ignored India's plea to ease production control, with Saudi Arabia asking New Delhi to instea
Credit: Hindu - Published on March 5, 2021

Oil prices experienced extreme volatility in 2020. While US crude prices plunged deep into negative territory in April, Brent dropped below $20 per barrel,..
Credit: IndiaTimes - Published on December 29, 2020

Oil futures tumbled on Tuesday, with Brent dropping below $40 a barrel for the first time since June and US crude off more than 8%, after Saudi Arabia cut its..
Credit: IndiaTimes - Published on September 8, 2020

Oil slipped on Monday after Saudi Arabia said an extension of output cuts by OPEC+ nations would not include extra voluntary cuts by a trio of Gulf producers.
Credit: Reuters India - Published on June 8, 2020

Top oil exporter Saudi Arabia is expected to raise its official selling price (OSP) for all grades it sells to Asia in July, to track a jump in Middle East..
Credit: Reuters India - Published on June 1, 2020

Oil prices rose on Tuesday after OPEC's de facto leader, Saudi Arabia, said it would increase supply curbs in June, while other members of the oil-producing..
Credit: Reuters India - Published on May 12, 2020

Oil prices rose on Tuesday, after OPEC's de facto leader, Saudi Arabia, said it would increase supply curbs in June, while other members of the oil-producing..
Credit: Reuters India - Published on May 12, 2020

Oil prices rose on Tuesday after an unexpected commitment from Saudi Arabia to deepen production cuts in June and on indications that the producer group known as..
Credit: Reuters India - Published on May 12, 2020

Oil prices rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain a supply glut built up during..
Credit: Reuters India - Published on May 12, 2020

Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the..
Credit: Reuters India - Published on May 12, 2020

Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the..
Credit: Reuters India - Published on May 12, 2020

Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market..
Credit: Reuters India - Published on May 12, 2020

Oil futures climbed in early trade on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in..
Credit: Reuters India - Published on May 12, 2020

Saudi Arabia will voluntarily deepen oil output cuts from June as low oil prices are causing huge pain to the kingdom's budget and global demand remains weak due..
Credit: Reuters India - Published on May 11, 2020

Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia tempered worries about..
Credit: Reuters India - Published on May 11, 2020

Oil prices were mixed on Monday, supported by Saudi Arabia's move to reduce output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+..
Credit: Reuters India - Published on May 11, 2020

Oil prices rose on Monday, recovering earlier losses on news that leading exporter Saudi Arabia will reduce its output by 1 million barrels per day (bpd) on top..
Credit: Reuters India - Published on May 11, 2020

Saudi Arabia will triple value added tax and suspend a cost of living allowance for state workers, it said on Monday, seeking to shore up finances hit by low oil..
Credit: Reuters India - Published on May 11, 2020

Saudi Arabia will triple its value added tax rate and suspend a cost of living allowance for state workers, it said on Monday, seeking to shield finances hit by..
Credit: Zee News - Published on May 11, 2020

Saudi Arabia will triple its value added tax rate and suspend a cost of living allowance for state workers, it said on Monday, seeking to shield finances hit by..
Credit: Reuters India - Published on May 11, 2020

Saudi Arabia announced on Monday it was tripling taxes on basic goods, raising them to 15%, and cutting spending on major projects by around $26 billion as it..
Credit: IndiaTimes - Published on May 11, 2020

Saudi Arabia is suspending the cost of living allowance and raising the value added tax threefold, as part of measures aimed at shoring up state finances,..
Credit: Reuters India - Published on May 11, 2020

Oil prices slipped on Thursday as global supply and demand worries erased earlier gains seen from an increase in Saudi Arabia's official crude selling price and..
Credit: Reuters India - Published on May 7, 2020

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