Crude oil prices rise to $68.44 fueled by supply disruptions, OPEC+ production plans
OPEC+ plans to raise output by 547,000 barrels per day, impacting global oil prices significantly Oil prices saw…
India Pushes Back Against US Moves on Russian Oil Imports
(Bloomberg) — India rebutted mounting US pressure to end crude imports from Russia, with Oil Minister Hardeep Puri…
Crude oil prices slip to $67.18 as rising output, U.S. tariffs offset supply disruptions
OPEC+ meeting on September 7 could influence oil market dynamics amid rising production levels Oil prices traded within…
Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results
Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening…
Oil Prices Are Likely To Rise Anytime Soon
Rising supply from both OPEC+ and non-OPEC+ producers, slowing demand growth after the peak summer consumption, and uncertainties…
Gulf Countries Respond to U.S. Trade Pressure With Trillion Dollar Plans
Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and…
ADNOC signs 15-year LNG supply deal with IndianOil
ADNOC announced a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated…
Why Model-Based Oil Forecasts Keep Missing the Mark
Last week, oil traders cut their bullish bets on crude to the lowest in 16 years on expectations…
Brent Oil Slips to Rare Discount to Dubai Crude Benchmark
Fears of a coming oversupply are weakening the Brent futures structure, while increased appetite for Middle Eastern crude…
Crude oil prices climb to $67.86 amid supply concerns, attacks on Russian infrastructure
Federal Reserve signals potential interest rate cuts, boosting market optimism about economic growth Oil prices showed slight gains…
Santos Shares Rise as First-Half Earnings Beat Estimates
(Bloomberg) — Santos Ltd. shares rose after the Australian oil and gas producer reported earnings that beat expectations,…
Oil, Gas To Remain Dominant With Over 50 Pct Share Of Energy Mix
(MENAFN– Kuwait News Agency (KUNA)) KUWAIT, Aug 24 (KUNA) — Arab Energy Organization (AEO) Secretary-General Jamal Al-Loughani emphasized…