Sector Crude Oil - Latest news, views and updates

Oil declines as traders take stock of US tariffs and OPEC+ shift

SECTOR | 08 Jul 2025

Business Line

The oil market has been volatile in recent weeks after the war between Israel and Iran, with a fragile truce now in place, but tensions in the Middle East are starting to rise again following fresh attacks on shipping in the Red Sea

Oil prices ease as traders assess US tariffs, OPEC+ output hike

Economic Times | 08 Jul 2025

Oil Steadies As Traders Focus On US Tariffs, Red Sea Attacks

SECTOR | 08 Jul 2025

NDTV Profit

Brent held near $69 a barrel after advancing 1.9% on Monday, and West Texas Intermediate was below $68

Crude Oil Prices To Stabilise Around $65-$70 Per Barrel: Indian Oil Chairman

SECTOR | 07 Jul 2025

NDTV Profit

India's purchase of Russian crude is driven by commercial intent rather than any geographical consideration, according to AS Sahney, chairman of Indian Oil Corp.

Crude oil futures decline as Trump threatens tariffs on BRICS-aligned countries

Business Line | 07 Jul 2025

OPEC+ output hike could trigger oil glut, warns Peter McGuire

SECTOR | 07 Jul 2025

Economic Times

Peter McGuire is optimistic about equities, commodities, and global bond markets. OPEC plus will increase production output. This will benefit consumers but not producers. McGuire suggests buying gold, anticipating long-term gains. Central bank buying and currency dynamics support this view. Retail investors in India and Asia are actively participating. The future looks promising for these markets.

Oil Drops As Larger OPEC+ Supply Increase Raises Glut Concerns

SECTOR | 07 Jul 2025

NDTV Profit

Brent slid as much as 1.6% toward $67 a barrel after falling 0.7% on Friday, and West Texas Intermediate was below $66

OPEC+ Will Boost Supply Even Faster With Larger August Hike

SECTOR | 06 Jul 2025

NDTV Profit

The latest increase amplifies a dramatic strategy pivot by the Organization of the Petroleum Exporting Countries and its partners that has weighed on oil prices this year.

OPEC+ To Further Accelerate Supply Boost With Larger August Hike

NDTV Profit | 05 Jul 2025

OPEC+ will boost supply even faster with larger August hike

SECTOR | 05 Jul 2025

Business Line

Members agree to raise supply by 548,000 barrels a day

OPEC+ may boost oil production faster than expected, weighs August hike

Business Standard | 05 Jul 2025

Crude Check: Sideways trend may extend

SECTOR | 05 Jul 2025

Business Line

Participants can stay out for now

Oil falls as Iran affirms commitment to nuclear treaty

SECTOR | 04 Jul 2025

Business Line

Brent crude futures were down 22 cents, or 0.32%, to $68.58 a barrel by 0445 GMT, while U.S. West Texas Intermediate crude fell 12 cents, or 0.18%, to $66.88.