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+ 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 ...

Two sources said that OPEC+ could consider a bigger than planned 'output increase' on Sunday. Leading producers Saudi Arabia ...

However, expectations of a market surplus are likely to be the main price driver in the later part of the year, according to analysts. Estimates of the surplus range anywhere from 0.8 million to 3.5 ...

The United Arab Emirates is set to sell more Murban crude on global markets in April, adding to increased supply from other ...

Almost a year ago, OPEC+ brushed aside warnings of a global supply surplus and chose to increase oil production. History ...