Category : Search result: Middle East oil market


OPEC+ to Keep Oil Output Unchanged for Q1 2026

OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.

Sensex Crashes 650 pts, Nifty Down 180 Amid Tensions

Indian stock markets witnessed heavy selling pressure in early trade as weak global sentiments and Middle East tensions spook investors. Sensex plunged 650 points while Nifty fell below key levels.

Sharjah Discovers Fifth Major Onshore Gas Field

Sharjah makes another massive energy breakthrough with its fifth onshore natural gas discovery at Al Hadiba field, boosting UAE's energy security and economic diversification plans.

China rapidly fills oil reserves amid price slump

China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.

India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Indian refiners tap spot markets to replace Russian oil

India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.

Oil Prices Rebound After 3-Day Decline

Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.

India's Oil Consumption to Reach 6 Million Barrels Daily

India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.

Russian Oil's Secret Routes to India & China

Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.

India's US Oil Imports Surge Amid Trump Policy Shifts

India dramatically increases US oil purchases amid shifting global dynamics. Discover how Trump's policies, price arbitrage, and strategic diversification are transforming India's energy imports in October 2025.

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