Washington [US], October 19 (ANI): President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on Wednesday as part of a response to recent production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC+) nations.
New Delhi [India], October 13 (ANI): India's September oil product demand was flat month on month but up on the year by 334,000 b/d on a weak base in the previous year, driven by diesel and petrol consumption, which were up by 179,000 barrels per day (b/d) and 65,000 b/d, respectively, a rep
Washington [US], October 8 (ANI): India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing nations led by Russia and Saudi Arabia announced a slash in oil production by two million barrels per day.
Washington [US], October 8 (ANI): Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday (local time) said that India will navigate through the Organisation of Petroleum Exporting Countries Plus (OPEC+) decision to cut oil production from November by a steeper than expe
Vienna [Austria], August 4 (ANI): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC participating countries have decided to raise crude oil production level by just 100,000 barrels per day for the month of September.
Riyadh [Saudi Arabia], July 16 (ANI/Xinhua): Saudi Arabian Crown Prince Mohammed bin Salman Al Saud said on Saturday that the kingdom will increase oil production to 13 million barrels per day at most, the Saudi Press Agency reported.
Ottawa [Canada], June 16 (ANI/Xinhua): Canadian Defence Minister Anita Anand announced on Wednesday that Canada will provide Ukraine with 10 replacement barrels to enable the sustainment of M777 howitzer artillery guns.
Baghdad [Iraq], May 1 (ANI/Xinhua): Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of 10.55 billion US dollars, the Iraqi oil ministry said Sunday.
New Delhi [India], April 7 (ANI): India on Thursday welcomed the announcement by the International Energy Agency for a collective oil stock release of 120 million barrels.
Moscow [Russia], April 3 (ANI/Sputnik): The United States over the past week has increased imports of Russian oil by 43%, reaching 100,000 barrels per day, Deputy Secretary of the Russian Security Council Mikhail Popov said on Sunday.
Washington [US], April 2 (ANI): US President Joe Biden on Friday (local time) blamed Russian President Vladimir Putin for rising gas and food price due to his invasion of Ukraine.
Washington [US], April 1 (ANI): The United States has been in touch with several countries including India on the release of strategic reserves as President Joe Biden announced to release 1 million barrels of oil per day from the nation's strategic petroleum reserve for the next six month