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Tuesday, September 30, 2025
TopicOPEC

Topic: OPEC

The world is on the brink of running out of places to store oil

With only 1.6 billion barrels of storage capacity available, producers will be forced to cut output soon as there’ll be no place left to put unwanted crude.

What really led to oil prices crash that hit the stock markets

In Episode 410 of #CutTheClutter, Shekhar Gupta lays out the factors that have come together to cause the current market crisis.

India set to gain on OPEC deal failure after oil windfall on coronavirus

Oil buyers will be 'spoiled for choice' as the supply of high-sulfur crude, which has tightened after US sanctions on Iran and Venezuela, will become more readily available now.

Oil price crashes to $31 a barrel, the worst loss since 1991 Gulf War

With oil demand already plummeting due to the economic impact of the coronavirus, traders forecast that prices will go even lower.

Why it’s time to scrap OPEC+

The expansion of OPEC into OPEC+ has added a new layer of complexity to the decision-making process while contributing little in the way of real output cuts.

New political crises in OPEC trigger risk for global oil supplies

Unrest in Iraq & Iran, economic collapse in Venezuela, discontent in Algeria & missile attack on Saudi Arabia aren’t good news for oil supplies.

India asks OPEC not to cut oil production, seeks better commercial terms

In a meeting with OPEC Secretary-General Mohammad Sanusi Barkindo, Oil Minister Dharmendra Pradhan pitched for better terms like reduction in selling price and extension of credit period.

The world’s oil glut is much worse than it looks

With demand growth weakening and non-OPEC supply rising, oil-producing nations may to have to consider both longer and deeper cuts.

OPEC+ to grapple with Iran crisis as ministers meet in Jeddah

OPEC’s unity will be tested as Saudi Arabia moves to increase crude oil production, and, in the process, take away Iran’s customers.

Venezuela oil czar courts India after $20 billion hit from US

India is set to emerge as Venezuela’s preferred customer due to the nation’s willingness to pay for crude in cash.

On Camera

Global development finance has lost its way. China can step in but India has an edge too

India can take the discourse of development beyond instrumental power play—build solidarities across the emerging economies and bargain for equity.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.