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Tag: Brent crude prices

Rupee rises 20 paise to close at 95.58 against U.S. dollar

Posted on September 22, 2026 By admin
Rupee rises 20 paise to close at 95.58 against U.S. dollar

File photo for representational purposes only. | Photo Credit: Reuters The rupee appreciated 20 paise to close at 95.58 (provisional) against the U.S. dollar on Tuesday (September 22, 2026), supported by a sharp fall in crude oil prices on improved global risk sentiments and hopes of diplomatic talks to resolve the U.S.-Iran war. Forex traders…

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Gulf within: On the UAE leaving OPEC

Posted on May 1, 2026 By admin
Gulf within: On the UAE leaving OPEC

The UAE has withdrawn from the Organization of the Petroleum Exporting Countries (OPEC), a cartel that it joined in 1967, and OPEC+. It was OPEC’s fourth-largest producer (3.12 million barrels per day) and its third-largest exporter (2.88 mbd) in 2025, behind Saudi Arabia and Iraq. The Emiratis clearly sought to free themselves of production constraints…

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