Indian markets face volatility as Middle East tensions and rising crude prices threaten inflation and trade stability.
Two OPEC+ source said that OPEC+ would consider a bigger-than-expected 'oil production increase' on Sunday. This is after the U.S.
OPEC+ will consider a larger-than-expected oil output increase on Sunday, two OPEC+ sources said after the U.S.-Israeli war ...
As a fresh Middle East conflict risks sending oil prices sharply higher, Saudi Arabia, Russia and six other key members of the OPEC+ alliance are widely expected to announce an output increase Sunday, ...
OPEC+ considers a bigger-than-planned oil output increase as Saudi Arabia and the UAE raise exports during fears of potential ...
Despite expectations that oversupply would weigh on the market, oil prices have risen this year on fears that a conflict between Iran and the U.S. would disrupt Middle East supply through the Strait ...
US-Iran conflict is the dominant issue, pricing in $10/bbl risk premium. Strait of Hormuz blockade could send Brent crude ...
Saudi Arabia and UAE have already raised exports, sources say; OPEC+ eight members were already scheduled to meet on Sunday.
Leon also cautioned that if the oil market does not see signs of de-escalation over the weekend, “risk premiums on oil prices could still drive Brent up by $10–$20 per barrel on Monday”. “A broader ...