Kuwait sharply increased crude oil production in July as OPEC+ completed the reversal of its 2023 production cuts despite continued security disruptions affecting Gulf oil exports.

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Crude Oil Prices Decline Over 6% As Trump Hints Another Round Of Talks

The volatility is linked to tensions surrounding the Iran conflict and the closure of the Strait of Hormuz.

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RBI MPC meeting begins today: Repo rate pause likely as inflation, crude oil risks keep policymakers cautious

RBI's six-member Monetary Policy Committee (MPC) began its three-day meeting on Monday, with economists and market participants widely expecting policymakers to keep the benchmark repo rate unchanged ...

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Oil price today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?

Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barrel.

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Oil slumps; Brent crude declines over 7% as US calls off Iran strike, agrees to fresh talks

Brent and WTI crude prices tumbled after US President Donald Trump called off a planned strike on Iran and agreed to fresh talks, while OPEC+ added to supply pressure.

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