China's crude oil imports increased by 22% in July, reaching an average of 8.45 million barrels…
Tag: Geopolitics
OPEC+ Increases Oil Output Quota by 188,000 BPD for
The Organization of the Petroleum Exporting Countries (OPEC) approved an increase in oil production quotas by…
Pakistan Warns of Force Amid Houthi Attacks on Shipping
Pakistan condemned recent attacks by the Iran-backed Houthi militia on Saudi oil tankers in the Red…
Trump Sees Good Chance for Iran Deal Amid Conflict Pause
U.S. President Donald Trump stated on Monday that there is a "good chance" of reaching a…
U.S.-Iran Tensions Ease, Stock Futures Rise on Monday
U.S. stock index futures rose on Monday as tensions between the U.S. and Iran eased following…
European Gas Prices Drop 8% as U.S.-Iran Tensions Ease
European natural gas prices fell by 8.6% on Monday as tensions between the U.S. and Iran…
GIFT Nifty Rises as Oil Prices Fall, Easing Geopolitical
The GIFT Nifty index rose by nearly 150 points on Monday, signaling a positive start for…
Three oil tankers turn back amid Houthi blockade threat
Three oil tankers reversed course in the Red Sea this week following threats from Yemen's Houthi…
Oil Demand Slumps Amid Ongoing Iran Conflict and Sanctions
The ongoing conflict in Iran has led to a significant decline in global oil demand, with…
Oil Prices Fluctuate Amid Risks in Hormuz and Red Sea
Brent crude oil prices fluctuated around $89 a barrel on Wednesday, following a rally of more…