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US-Iran War Pushes Crude Towards $100, Here’s How India & Stock Market May Be Hit
01 Mar 2026 07:28 GMT
… to USD 73 per barrel, while WTI crude is trading near USD … its crude oil demand through imports. According to official data, India imported crude oil worth … .
Sustained high oil prices can lead to:
- Higher fuel prices
- …
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China Builds Oil Reserves Amid Iran-Israel War, India May Face $100 Crude Risk
01 Mar 2026 07:29 GMT
… .3 billion barrels of crude oil - enough to meet domestic demand for several … months.
By buying oil … to $100–110 per barrel.
Higher crude prices directly impact India’s …
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OPEC+ prepares for a massive increase in oil production due to the war between the US and Iran
01 Mar 2026 05:26 GMT
… the initial 137,000 barrels per day, OPEC+ participants may agree to … growth and meet growing summer demand in the US amid … act proactively, increasing their oil shipments even before the official … for record deliveries of Murban crude in April, and Saudi …
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Oil Prices Surge to Six-Month High Amid Geopolitical Uncertainty
01 Mar 2026 07:04 GMT
… approximately $72.8 per barrel by 2000 GMT — a … barrel traded. Adding further fuel, a surprise contraction in U.S. crude oil … inventories signaled that the balance between global supply and demand … locked on the upcoming OPEC+ meeting, where member …
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Iran blocks Strait of Hormuz: What it means for global oil and China's energy security
01 Mar 2026 05:49 GMT
… . Around 20 million barrels per day of crude and refined products move through … days of net imports of crude oil and refined products in strategic reserves … weak domestic demand for refined products.
China’s large state-owned oil companies …
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Thailand has a two-month oil reserve, says Energy Ministry
01 Mar 2026 06:41 GMT
… litres of crude and refined oil, and this could meet demand for 38 … litres of Thailand-bound crude were already enroute from … Thailand. This could meet demand in Thailand for an additional … meet demand for 61 days, Mr Veerapat said.
Apart from crude oil, …
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OPEC Plus may hike output, says report
01 Mar 2026 06:05 GMT
… members of OPEC+, which groups the Organization of the Petroleum Exporting Countries … increase of 137,000 barrels per day in oil output for April … summer demand, led by the US driving season, and as crude prices …
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Thai Industry Chiefs Demand Emergency Energy Summit as Middle East Conflict Escalates
01 Mar 2026 05:55 GMT
The Federation of Thai Industries warns of a "direct threat" to national recovery, urging the Ministry of Energy to audit fuel reserves and map new routes.
The Federation of Thai Industries (FTI) has issued an urgent call for the Ministry …
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Oil Prices Reach Six-Month High Amid Geopolitical, Supply Concerns
01 Mar 2026 07:02 GMT
(MENAFN) Oil prices reached their highest level … benchmark Brent crude futures climbed to around $72.8 per barrel as … supply and demand.
Investors are also closely watching the upcoming OPEC+ meeting …
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S. Korean Exports Jump 29 Pc To Record Feb High On Surging Chip Demand
01 Mar 2026 06:34 GMT
… month, driven by growing demand for semiconductors amid the … exports were driven by surging demand for semiconductors.
Chip exports … ministry noted.
Exports of petroleum products shed 3.9 percent … due to lower global oil prices.
Petrochemical exports dropped …