Category : Search result: Middle East oil market


Venezuela's Asian Oil Exports Halt for 5th Day

Venezuela's crucial oil shipments to Asia have stalled for a fifth consecutive day amid a US embargo, risking deeper production cuts. Chevron, however, resumes US-bound cargoes. Read the full analysis.

Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude

An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.

Venezuela, Iran Actions May Worsen 2026 Oil Glut

Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.

IEA: Low Crude Oil Prices to Continue Till 2026

The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.

Oil Rises on Geopolitical Tensions, Supply Fears

Oil prices rose over 0.9% in early Asian trading as Middle East tensions and Russia-Ukraine conflict fueled supply disruption fears. Key details on price movements and analyst insights inside.

India Secures Soy Oil Ahead of Palm Price Surge

Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.

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.

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