Search Results for: OPEC

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC meeting

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Experts say only a 'demand-destruction' could set prices back but such a phenomenon won't happen Brent crude hits $120 a barrel.

Sep 25, 2018

Petrol, diesel prices to rise further as global crude poised to touch $100

New Iran sanctions will take 2 million bpd off the markets even as US inventory gets thinner. Fuelled further by supply disruptions elsewhere, global crude prices could breach $100, analysts warn.

Sep 24, 2018

OPEC President Suhail Mohamed Al Mazrouei

Hike in oil prices? OPEC struggles to keep up production amid Trump's Iran sanctions

The output numbers for the month of August is likely to add more pressure on the oil-producing countries amid US President Donald Trump calling them to lower the oil prices.

Sep 23, 2018

Amid spiraling fuel rates, petrol prices rise to Rs 89.97 in Mumbai

The prices of diesel also continued to scale new highs on Sunday under India's dynamic pricing regime, after remaining unchanged for four successive days.

Sep 23, 2018

US sanctions on Iran starts to show its effect; India's oil imports bill set to increase

India is likely to face an uphill task to look for the options to sustain oil imports from Iran, the third-biggest crude supplier after Iraq and Saudi Arabia.

Aug 23, 2018

Amid dearer oil prices, India's forex reserves fall to 7-month low

After hitting an all-time high of $426.08 billion in the week ended April 13, the Indian forex reserves have fallen gradually since the last four months.

Aug 11, 2018

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

Rise in US stockpile sees oil prices sink

Oil prices fell on Wednesday after industry data showed U.S. stockpiles of crude unexpectedly rose, starting the new month in negative territory after the largest monthly decline in two years in July.

Aug 1, 2018

ongc videsh offer to iran, farzad b gas field, india iran energy agreements, russia gazprom gets farzad b gas fields

Oil prices drop as OPEC production increases in July

Oil prices slipped on Tuesday after a report showed that OPEC production reached a 2018 high in the month of July, although the losses were limited as concerns about supply lingered.

Jul 31, 2018

Iran offering oil cargo insurance, ships to lure Indian companies

With Indian oil companies planning to stop imports from Iran, the country has stepped up to ensure it does not lose its second-largest client.

Jul 27, 2018

Venezuela's President Nicolas Maduro launched new Venezuelan cryptocurrency

Venezuela to remove zeros from its currency as inflation set to breach one million percent in 2018

President Nicolas Maduro said that the country will remove five zeros from its currency, the Bolivar, to battle the rising inflation projected to reach 1 million percent this year.

Jul 26, 2018

Despite US sanctions, Iran becomes India's second largest oil supplier

Latest figures indicate that Iran toppled Saudi Arabia to become India's second largest oil supplier, with 5.67 million tonnes in the first three months. The country is preparing to wind down on Iranian imports after Trump reintroduced sanctions on the country.

Jul 24, 2018

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Search Results for: OPEC

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Petrol, diesel prices to rise further as global crude poised to touch $100

Hike in oil prices? OPEC struggles to keep up production amid Trump's Iran sanctions

Amid spiraling fuel rates, petrol prices rise to Rs 89.97 in Mumbai

US sanctions on Iran starts to show its effect; India's oil imports bill set to increase

Amid dearer oil prices, India's forex reserves fall to 7-month low

Rise in US stockpile sees oil prices sink

Oil prices drop as OPEC production increases in July

Iran offering oil cargo insurance, ships to lure Indian companies

Venezuela to remove zeros from its currency as inflation set to breach one million percent in 2018

Despite US sanctions, Iran becomes India's second largest oil supplier

Oil prices fall after surprise rise in U.S. inventories

Oil climbs from three-month low as more oil workers strike in Norway

Stopping oil imports from Iran may slow down Indian economy

Brent leads crude prices higher as Norway oil workers get ready to strike

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

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]