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crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Oil prices boosted by news China, U.S. put trade war 'on hold'

Analysts say there is enough supply to meet demand despite ongoing production cuts led by the Organization of the Petroleum Exporting Countries (OPEC), plunging output in crisis-struck Venezuela and looming U.S. sanctions against major oil producer Iran.

May 21, 2018

China agrees to import more from U.S., no sign of $200 billion figure

President Donald Trump has threatened to impose tariffs on up to $150 billion on Chinese goods to combat what his administration says is Beijing's misappropriation of U.S.intellectual property through joint venture requirements and other policies that force technology transfers.

May 20, 2018

US sanctions on Iran threaten vital Afghanistan trade project

The US-led invasion to oust the Taliban from power had started 17 years ago, and Afghanistan still remains one of the world's poorest countries, highly dependent on foreign aid.

May 20, 2018

Ramadan: This is why you should break your fast with dates

If you are fasting this Ramadan, stack up on dates as the dry fruits are not only a great source of energy, but they also control your blood sugar level and are cholesterol-free.

May 20, 2018

Diamonds from lost planet reveal a great deal about Solar System: Check it here

New research conducted on the meteorites that fell Sudan's Nubian Desert gives a glimpse of the volatile nature that prevailed in our solar system before planets like the Earth and Mars were formed.

May 19, 2018

Dollar and oil pause ascent, bonds and gold lick wounds

European stocks were 0.3 percent lower, but with the euro near a 5-month low following the dollar's surge and oil shares gleeful about its rapid rise, the region was heading for an eighth straight week of gains.

May 18, 2018

ppac march 2017 report, india crude oil import, india oil and gas sector at a glance, bpcl, hpcl, ioc, ongc, fuel stations in india

Saudi Arabia gives assurances on supply as oil hits $80 per barrel

The statement came as oil prices surged to $80 per barrel for the first time in four years due to rising concerns over disruptions to Iranian oil exports because of new U.S. sanctions. The crude oil output has also declined in Venezuela.

May 18, 2018

Land acquisition woes thwart India's mega refinery plan with Saudi Aramco

Thousands of farmers oppose the refinery and are refusing to surrender land, fearing it could damage a region famed for its Alphonso mangoes, vast cashew plantations and fishing hamlets that boast bountiful catches of seafood.

May 17, 2018

Delhi to become world's most populous city by 2028 surpassing Tokyo: Here's why

According to a report by Population Division of the UN Department of Economic and Social Affairs (UN DESA), two-thirds of people in the world will be living in cities and will be mainly concentrated in three countries - India, China, and Nigeria by 2050.

May 17, 2018

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Asia oil thirst tab $1 trillion a year as crude rises to $80

With the US dollar - in which virtually all oil is traded - also growing stronger, concerns are rising that economies will take a hit, especially in import-reliant Asia. Surging costs could have an inflationary effect that will hurt both consumers and companies.

May 17, 2018