Wednesday, August 06, 2025

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June 3, 2024 4:30 PM

OPEC+ extends oil output cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near ...

May 27, 2024 2:02 PM

Asia shares nudge higher as US, EU inflation data loom

Asian shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months. Holidays in Britain and the United States mad...

May 24, 2024 2:59 PM

OPEC+ to hold June 2 output policy meeting online

The OPEC+ group of oil producers, comprising the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, has pushed back its output policy meeting by a day to June 2 and will convene online. The meeting was to have been in...

November 14, 2023 10:10 AM

India and OPEC strengthen ties in sixth high-level energy dialogue

The sixth high-level meeting of the India-OPEC Energy Dialogue witnessed the convergence of key stakeholders addressing critical issues in the oil and energy markets. Chaired by Haitham Al Ghais, Secretary-General of OPEC, and Hardeep Singh Puri, Min...

 

Last updated on: 6th Aug 2025