Search Results for: OPEC

Iran asks India to buy crude directly, ignore middlemen

Iran's state-owned National Iranian Oil Company has communicated to Indian refiners about it.

Jan 21, 2016

Crude prices plummet to fresh 12-year lows after IEA says oil market may 'drown in oversupply'

The West Texas Intermediate (WTI) slipped to $27.92 a barrel before recovering later.

Jan 20, 2016

Crude oil prices fall below $30/barrel on Iranian supply concerns

Western sanctions on Iran over its nuclear programme are likely to be lifted this weekend.

Jan 14, 2016

Oil prices fall towards 11-year low, ignoring tensions in Middle East

Brent crude prices LCOc1 fell 80 cents to settle at $36.42 a barrel.

Jan 6, 2016

Crude oil prices may fall to $30 a barrel in 2016: UBS

A fall in US oil production is expected to help the oil market to rebalance, says UBS.

Jan 5, 2016

Oil ends trading session of 2015 in downbeat mood, hangover to continue

Crude prices held losses after falling 3% in the previous session.

Dec 31, 2015

Railways want to import crude directly, set up refinery to benefit from soft prices globally: Report

Indian Railways is the largest consumer of diesel in India, at 2.8 billion litres annually.

Dec 30, 2015

Saudi Arabia deficit balloons to $98 billion, kingdom raises petrol prices by 50%

Saudi Arabia will also cut planned expenditure for 2016 by 14%.

Dec 29, 2015

Slowing demand may weigh on crude oil prices in coming quarters

Now, crude oil prices seem to be facing demand side worries.

Dec 29, 2015

India to save $44 billion in crude oil imports in FY16; case for reducing petrol, diesel prices?

There is a strong case for reducing petrol, diesel prices.

Dec 22, 2015

Iran looks to Indian refiners to bolster oil sales in market awash with crude

Tehran's return to the market will deepen a global supply glut.

Dec 21, 2015

Crude oil prices may fall to $20 a barrel in coming months: Goldman Sachs

The China slowdown and Iranian oil exports are also expected to keep oil prices lower for a prolonged period.

Dec 21, 2015

OPEC to stick to policy of not limiting production says Iraq's oil minister

Output reduction aimed at boosting oil prices would have to be coordinated with non-members.

Dec 21, 2015

Several scenarios projected as to when the oil slump might end

The US is still pumping near-record volumes of crude, while OPEC is keeping output at all-time highs to maintain market share.

Dec 17, 2015

US Fed interest rate hike won't upset Modi government's crude oil math

The PPAC estimates India's oil import bill to be $73,286 million this fiscal, down 34.99% from $112,744 million in 2014-15.

Dec 16, 2015

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Search Results for: OPEC

Iran asks India to buy crude directly, ignore middlemen

Crude prices plummet to fresh 12-year lows after IEA says oil market may 'drown in oversupply'

Crude oil prices fall below $30/barrel on Iranian supply concerns

Oil prices fall towards 11-year low, ignoring tensions in Middle East

Crude oil prices may fall to $30 a barrel in 2016: UBS

Oil ends trading session of 2015 in downbeat mood, hangover to continue

Railways want to import crude directly, set up refinery to benefit from soft prices globally: Report

Saudi Arabia deficit balloons to $98 billion, kingdom raises petrol prices by 50%

Slowing demand may weigh on crude oil prices in coming quarters

India to save $44 billion in crude oil imports in FY16; case for reducing petrol, diesel prices?

Iran looks to Indian refiners to bolster oil sales in market awash with crude

Crude oil prices may fall to $20 a barrel in coming months: Goldman Sachs

OPEC to stick to policy of not limiting production says Iraq's oil minister

Several scenarios projected as to when the oil slump might end

US Fed interest rate hike won't upset Modi government's crude oil math

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

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