New Delhi [India], September 27 (ANI): Oil prices rose more than 1 per cent on Tuesday after declining to nine-month low a day earlier, amid the hint that the Organization of the Petroleum Exporting Countries (Opec+) -- the producer alliance -- may go for output reductions to prevent further
New Delhi [India], September 15 (ANI): Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD region, global energy body International Energy Agency said in its latest report.
New Delhi [India], September 15 (ANI): The trend of crude oil supply to India will continue, and bilateral trade will strike new records, said Russian Ambassador to India, Denis Alipov, in an interview with ANI.
New Delhi [India] September 13 (ANI): The Central government has started the acquisition process of land to lay crude oil pipelines under the New Mundra-Panipat Pipeline Project by Indian Oil Corporation Limited (IOCL).
New Delhi [India], September 8 (ANI): Buying crude oil with a discount from Russia is a very wise decision, and Prime Minister Narendra Modi's government has shown a lot of agility and smartness to not letting its energy prices go out of control by buying oil from Russia at discounted rates,
New Delhi [India], September 8 (ANI): The share of Russian oil in India's overall oil import basket increased from 2 per cent to 13 per cent in a couple of months after the beginning of the Russia-Ukraine war, which led to a spike in energy prices globally, Union Finance Minister Nirmala
New Delhi [India], September 8 (ANI): Indian stock markets started Thursday's trade in the green following positive global cues and a sharp fall in crude oil prices.
Tokyo [Japan], September 8 (ANI): As the Chinese economy is in the grip of a zero-COVID policy, the administration of President Xi Jinping is rushing to secure stable supplies of resources by increasing purchases of Russian oil.
New Delhi [India], August 23 (ANI): India's crude oil production stood at 2453.19 thousand metric tonnes (TMT) in July 2022, which is 3.76 per cent lower than the production of July 2021 and 5.57 per cent down when compared with the target for the month, according to the official data releas
New York [US], August 23 (ANI): Crude oil prices closed down after nearing six-month lows on Monday as oil bulls feared that Iran might win back its stalled nuclear deal from global powers to pave its re-entry into the export market for oil.
Beijing [China], August 21 (ANI): Russia is China's top oil supplier for a third month in July, media reports said citing data released by the Chinese General Administration of Customs on Saturday.
Islamabad [Pakistan], August 19 (ANI): Pakistan Prime Minister Shehbaz Sharif on Thursday said his country desired peaceful ties with India including "a just and peaceful resolution of the Jammu and Kashmir dispute in accordance with the relevant UNSC resolutions."