OPEC+ countries agree production adjustment

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023,...

US sanctions Chinese teapot refinery for purchasing Iranian oil

Bruce said that the refinery purchased millions of barrels of oil from Iran. She added that the US was further...

India’s crude oil consumption set to reach 6.5-7 million barrels

India's crude oil consumption will touch the mark of six and a half to seven barrels a day, as the country has seen...

UAE supplies Japan with 47.8 pc of its oil imports in October 202

Japan imported 31.80 million barrels of oil from the UAE in October 2024, accounting for 47.8 per cent of its total...

Minister Hardeep Puri highlights global oil supply stability

During an interaction with media in New Delhi on Thursday, he explained, "All concerned with is that the major...

MP ATS arrests arms dealer; country-made pistols, barrels seized

The Madhya Pradesh Anti-Terrorist Squad (ATS) arrested a 33-year-old man for allegedly being involved in interstate...

IDF strikes Hezbollah rocket launchers as Israel declares emergen

Around 100 Israeli Air Force fighter jets have struck and eliminated thousands of Hezbollah rocket launcher...

Crude jitters: Stocks dip as global prices react to ME tensions

With approximately 20 million barrels per day of crude oil and condensate passing through the Strait of Hormuz,...

Tripura: Police seize 1282 kg of dry ganja valued at Rs 65 lakh

Upon inspection, a total of 14 drums/barrels containing the contraband were discovered, totalling 1,282 kg of dry...

Madhya Pradesh ATS seizes 360 barrels from Surat, 3 held

The Madhya Pradesh Anti-Terrorism Squad (ATS) on Thursday claimed to have confiscated 360 barrels used in making...

Commodity watch: Global trends unveiled

In its monthly market outlook, OPEC made slight adjustments to its members' required oil production estimates,...

South Korean refiners optimistic about refining margins

According to S&P Global Commodity Insights, despite Saudi Arabia's commitment to production cuts in the first...