Search For "global oil market"
Union Minister Hardeep Puri holds key talks with OPEC chief, eyes balanced
Updated : 1 year, 4 months ago IST
Union Minister Hardeep Singh Puri met with HE Haitham Al-Ghais, Secretary General of Organization of the Petroleum Exporting Countries (OPEC) on Moday at the ADIPEC conference in Abu Dhabi to discuss India's partnership with OPEC.
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Pak govt raises petrol by PKR 9.99, diesel by PKR 6.18 due to global marke
Updated : 1 year, 8 months ago IST
According to a notification from the Finance Division, petrol prices surged by PKR 9.99 per litre, reaching PKR 275.6/ltr, while HSD saw a rise of PKR 6.18/ltr, settling at PKR 283.63/ltr for the upcoming fortnight.
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IEA's new outlook predicts era of abundant oil supply until 2030; good for
Updated : 1 year, 9 months ago IST
The International Energy Agency (IEA) has released its latest medium-term oil market outlook, which examines how India's involvement in the global oil market may change between now and 2030. The report examines energy transition patterns that may affect oil demand in various industries, and
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Hardeep Puri holds talks with OPEC Secy-General; discusses volatility in g
Updated : 1 year, 11 months ago IST
As one of the world's fastest-growing economies, India is committed to supporting efforts to achieve balance in global energy markets, said Hardeep Puri during the conversation, the Ministry of Petroleum and natural Gas said in a press release.
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India projected to drive global oil demand growth: International Energy Ag
Updated : 2 years, 1 month ago IST
The report forecasts that India will emerge as the largest source of global oil demand growth between now and 2030, signalling a significant shift in the dynamics of the global oil market.
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India's Russian crude imports prevented price surge in global oil market
Updated : 2 years, 2 months ago IST
The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude oil market and preventing a surge in prices by approximately USD 30-USD 40 per barrel.
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China sells oil reserves to lower prices in unprecedented move
Updated : 4 years, 6 months ago IST
Bejing [China], September 12 (ANI): In an unprecedented move by the Chinese authorities that show the chinks in their armour, Beijing has released crude from its strategic reserve for the first time with the aim of lowering prices.
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Situation on global oil market undoubtedly improved in recent months: Saud
Updated : 5 years ago IST
Moscow [Russia], March 4 (ANI/Sputnik): The situation on the global oil market has undoubtedly improved in the last two months, while OPEC+ states have shown a high level of compliance with the oil production cuts, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Thursday.
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We welcome any news that brings stability to global oil markets: Canada's
Updated : 5 years, 11 months ago IST
Ottawa [Canada], April 13 (Sputnik/ANI): Canada's Natural Resources Minister Seamus O'Regan says Canada welcomes the new OPEC+ oil production cut deal and hopes that it will stabilize the markets.
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G-20, OPEC working to rebalance oil market
Updated : 5 years, 11 months ago IST
Dubai [UAE], April 11 (ANI): Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
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Saudi Arabia has assured India of uninterrupted LPG supply: Pradhan
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 29 (ANI): Minister of Petroleum and Natural Gas Dharmendra Pradhan after his discussions with Saudi Minister of Energy, Prince Abdulaziz bin Salman, on global oil market developments said that Saudi Arabia has assured India of uninterrupted supply of LPG.
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Pradhan, Saudi oil minister discuss enhancing bilateral hydrocarbon cooper
Updated : 6 years, 7 months ago IST
New Delhi (India), July 25 (ANI): Union Petroleum Minister Dharmendra Pradhan on Thursday held discussions here with his Saudi Arabian counterpart Khalid Al-Falih to further enhance bilateral hydrocarbon cooperation between the two countries and also deliberated on the prevailing global oil
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