crude oil

OPEC+ Opts for Modest Output Hike as Oil Prices Rise 1% Amid Global Economic Concerns

OPEC+ Opts for Modest Output Hike as Oil Prices Rise 1% Amid Global Economic Concerns

Oil prices climbed about 1% on Monday after OPEC+ announced a smaller-than-expected production increase of 137,000 barrels per day for…

October 6, 2025

Why Is India Turning Its Back On Russian Oil? IOC Buys 7 Million Barrels From US And Mideast

India’s IOC shifts its oil strategy, replacing Russian crude with 7 million barrels from the US, Canada, and Abu Dhabi…

August 4, 2025

What If India Stops Buying Russian Oil Amid US Tariffs? Here’s Where It Will Get Its Crude From

With US tariffs pressuring India to cut Russian oil imports, New Delhi is turning to West Asia, Africa, Latin America,…

August 1, 2025

Trump Threatens 500% Tariff On India Over Russian Oil In Bid To Pressure Putin

U.S. President Donald Trump has backed the Sanctioning Russia Act of 2025, which proposes a 500% tariff on countries like…

July 10, 2025

Oil Drops After OPEC+ Supply Boost: What It Means For The Global Economy

Oil prices dropped after OPEC+ announced a gradual production increase starting in August, raising concerns of oversupply amid weakening global…

July 7, 2025

Saudi Arabia, Russia, And Other Key OPEC+ Nations Adjust Oil Production To Support Global Market Stability

OPEC+ has agreed to raise oil production by 548,000 barrels per day in August 2025, exceeding the expected volume. This…

July 6, 2025

Oil Shock Coming? Crude Prices Could Plunge Below $60 by 2025-End, Warns S&P Global

Crude oil prices may fall below $60 per barrel by end-2025 due to strong supply and weak global demand, says…

July 4, 2025