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Brent crude

Petrol price cut: Brent below $80/bbl, is the time ripe for Modi govt to cut fuel prices before elections?

by Ron Morgan
Petrol price cut: Brent below /bbl, is the time ripe for Modi govt to cut fuel prices before elections?

With Brent Crude edging below $80 per barrel, the Narendra Modi government may look to give Indian consumers a much-needed respite and cut fuel prices ahead of the general elections …

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Red Sea risks could push oil prices up as Asia feels pinch of cargo delays, rising costs

by Walter Watson
Red Sea risks could push oil prices up as Asia feels pinch of cargo delays, rising costs

The attack followed a warning by the Houthis of a “strong and effective response” after the United States carried out a strike. US-UK attacks on Houthis raise war stakes in …

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Houthis vow ‘strong’ response as U.S. launches new strike in Yemen

by Walter Watson
Houthis vow ‘strong’ response as U.S. launches new strike in Yemen

The Houthi movement threatened a “strong and effective response” after the United States carried out another strike in Yemen overnight, further ratcheting up tensions as Washington vows to protect shipping …

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Putin takes lightning tour of U.A.E., Saudi Arabia — 2 countries where he won’t be arrested

by Walter Watson
Putin takes lightning tour of U.A.E., Saudi Arabia — 2 countries where he won’t be arrested

Russian President Vladimir Putin visited the United Arab Emirates on Wednesday before departing for Saudi Arabia in a one-day lightning tour intended to raise Moscow’s profile as a Middle East power …

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Oil price decline eases Asia’s inflation fears as Opec cuts disappoint

by Walter Watson
Oil price decline eases Asia’s inflation fears as Opec cuts disappoint

The cuts are likely to keep supply-demand tightly balanced, analysts said. Delegates had earlier discussed as much as 2 million barrels per day of new production cuts, which had been …

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