crude prices

Saudi Arabia Poised to Cut October Crude Oil Prices for Asia

Saudi Arabia, the world’s leading oil exporter, is likely to reduce prices for most crude grades sold to Asia in October, following a decline in the Middle East benchmark Dubai, according to industry sources. The expected price cuts range from 50 to 70 cents per barrel, reflecting weak refining margins...

India Cautiously Monitors Rising Crude Prices Amid Ongoing Israel-Hamas Conflict

India has expressed vigilance in observing the ongoing Israel-Hamas conflict, assuring that it will manage its energy requirements prudently. Union Petroleum Minister Hardeep Singh Puri made this statement during a press conference in New Delhi, emphasizing India's careful approach in light of the situation's global energy implications. "We will handle...