Market move▲ Bullish for Indian equities
Oil prices ease slightly as G7 and Middle East crude supplies set to hit market
The brief
- Oil prices eased as fresh Middle East crude shipments reached the market
- The G7 moved to tap emergency reserves
- Easing crude prices could reduce costs for Indian oil importers and fuel retailers
- OPEC+ agrees in principle to keep November oil output targets unchanged
- Wartime Energy Shock: Why G7 Cracked Open 100 Million Barrels Of Emergency Fuel Reserve
- OPEC+ oil producers set to keep output targets steady at Sunday meeting, sources say
- OPEC+ likely to keep crude production quotas steady next month
- Oil Rises Amid Deadlock in U.S.-Iran Ceasefire Talks