Browsing: global oil supply

3 min readJul 15, 2026 06:00 AM IST First published on: Jul 15, 2026 at 06:00 AM IST West Asia…

NEW DELHI: Oil-producing group OPEC+ Sunday approved another modest increase of 188,000 barrels per day (bpd) in production for Aug,…

3 min readJun 25, 2026 06:00 AM IST First published on: Jun 25, 2026 at 06:00 AM IST Of the…

The disruption has resulted in a temporary supply bottleneck driven by logistics issues rather than a permanent reduction in oil…

Oil prices climbed on Friday as investors remained uncertain about the prospects of a breakthrough in ongoing US-Iran peace negotiations,…

Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire…

Collectively, OPEC nations account for roughly 36 per cent of global oil output. (AI image) In a significant move which…

Middle East on edge again: Two ships attacked in Strait of Hormuz Two vessels came under attack in the Strait…

Image used for representative purposes Russia and China on Tuesday vetoed a United Nations Security Council resolution aimed at reopening…

US President Donald Trump on Wednesday claimed that Iran has approached Washington seeking a “ceasefire” stating that the “new regime…