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Surge of Saudi nationalism hurts US

'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar. IMAGE: President Donald Trump, flanked by White House Senior Advisor Jared Kushner, second......

A warrior prince rises in Arabia

The Middle East's power house is about to get a new ruler who is only 31 and he may lead Saudi Arabia for decades, says Ambassador M K Bhadrakumar. IMAGE: Crown Prince Mohammed bin Salman, right,......

Trump likely to pick Exxon Mobil CEO as his Secretary of State

United States President-elect Donald Trump is likely to pick Exxon Mobil Corp CEO Rex Tillerson as his Secretary of State, according to media reports which said his nomination could face intense......

Will the Saudis have the last laugh?

The US #DeepState has had a fine run, but will now discard Saudi Arabia as it is no longer useful to them, says Rajeev Srinivasan. The #28pages scandal has apparently dropped off the front pages......

India shifts focus from Opec to US for crude imports

Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future. With India keen on diversifying its crude oil sourcing at......

Where are oil prices headed?

OPEC’s move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha......

Sensex rallies on OPEC deal, F&O expiry

Oil and gas, realty, PSU, auto and metal stocks were in a sweet spot, which gave the sentiment a lift Market benchmark Sensex surged over 181 points and the NSE Nifty reclaimed the 8,800-mark, on......

Oil prices dip as Iraq raises exports

While OPEC has been unable to agree on an output freeze in an effort to support prices, Iraq was the latest Middle East producer to raise its exports quota Oil prices dipped to around $49 a barrel......

Low oil prices: What impact will it have?

Opec as an entity believes falling oil prices will bring increasing pressure on the US shale industry to cancel drilling projects and step up the weekly closure of rigs.   Is the 12-member......
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  Web results for Opec
Crisis-hit Venezuela's oil output plummets in 2017 to decades low

HOUSTON/CARACAS (Reuters) - Venezuela's crude oil production fell nearly 13 percent last year, according to figures released by OPEC on Thursday,... ...

http://www.business-standard.com/article/reuters/crisis-hit-venezuela-s-oil-output-plummets-in-2017-to-decades-low-118011801630_1.html
OPEC sees more oil supply from rivals, countering its cuts and Venezuelan woes

LONDON (Reuters) - OPEC has raised its forecast for oil supply from non-member countries in 2018 as higher prices encourage U.S. shale... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/WfVc0G-NifY/opec-sees-more-oil-supply-from-rivals-countering-its-cuts-and-venezuelan-woes-idINKBN1F7214
Crude oil futures fall 0.39% on weak overseas trend

Crude oil futures slipped 0.39 per cent to Rs 4,070 per barrel today, in line with a weak trend in Asian markets, as traders cut exposure.Crude for... ...

http://www.business-standard.com/article/pti-stories/crude-oil-futures-fall-0-39-on-weak-overseas-trend-118011700280_1.html
Equity indices shed gains on widened trade deficit, crude prices

Mumbai: Breaking a three-day streak of record closing highs, the two key Indian equity indices on Tuesday ended the day in the negative zone with... ...

http://www.sify.com/finance/equity-indices-shed-gains-on-widened-trade-deficit-crude-prices-news-sensex-sbqtaffjbicij.html
U.S. warns investors over Venezuela's 'petro' cryptocurrency

WASHINGTON/CARACAS (Reuters) - The U.S. Treasury Department on Tuesday warned that Venezuela's proposed "petro" cryptocurrency could violate... ...

http://feeds.reuters.com/~r/reuters/INtechnologyNews/~3/7-doMJ5GLs8/u-s-warns-investors-over-venezuelas-petro-cryptocurrency-idINKBN1F52AD

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