Search For "global oil markets"
Indian Railways' electrification drive acts as a safeguard against oil sup
Updated : 1 week ago IST
Indian Railways has undertaken electrification of its network in mission mode over the last decade, significantly reducing its dependence on imported diesel. As a result, 99.4% of the Broad Gauge (BG) railway network has now been electrified, marking one of the largest infrastructure tran
Read More
"Need to secure threats in Strait of Hormuz": French Air Force Maj Gen on
Updated : 1 week ago IST
Deputy to the Chief of the Air and Space Force Staff in the French Air Force, Major General Dominique Tardif, on Friday stressed the need to address security threats in the Strait of Hormuz amid the ongoing West Asia conflict, saying international cooperation would be essential to tackle the
Read More
Trump's decision to raise tariffs on India unjustified and ignores market
Updated : 7 months, 1 week ago IST
US President Donald Trump's claim that India is buying massive amounts of Russian oil and selling it on the open market for big profits "is factually incorrect and misleading," think tank GTRI has said, noting that a key reason New Delhi stepped up Russian oil purchases was to help stabil
Read More
India to be key player in framing global energy dynamics: S&P Global C
Updated : 9 months, 3 weeks ago IST
India is expected to play an integral role in global energy dynamics, as the country emerges as a source of energy demand optimism, overpowering the headwinds faced by the global oil markets, S&P Global Commodity Insights said on Wednesday.
Read More
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.
Read More
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.
Read More
Hardeep Puri holds talks with OPEC Secy-General; discusses volatility in g
Updated : 1 year, 10 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.
Read More
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.
Read More
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.
Read More
OPEC agrees to cut crude oil production by 1.2 million barrels/day
Updated : 7 years, 3 months ago IST
Vienna [Austria], Dec 8 (ANI): In an aim to boost global oil markets, member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies on Friday decided to slash crude oil production by 1.2 million barrels per day.
Read More