Search For "global oil"
Navigating crossroads: Global oil, mobility sectors at critical juncture i
Updated : 1 year, 11 months ago IST
According to S&P Global Commodity Insights, this juncture presents a moment of profound significance, as these industries confront a myriad of challenges and opportunities that are poised to redefine their very landscape.
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OPEC+ extends output cuts through Q2; Russia announces additional reductio
Updated : 2 years ago IST
According to S&P Global Commodity Insights (GCI), this decision comes amidst ongoing efforts to stabilize oil markets and counteract increasing output from rival producers such as the US and Brazil.
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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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Venezuela agrees to supply oil to India in lieu of pending dividend, says
Updated : 2 years, 2 months ago IST
Venezuela, a historical player in the global oil industry, has been producing oil since 1914. With proven oil reserves of 299,953,000,000 barrels, as of 2016, Venezuela stands as one of the world's leading holders of oil reserves, representing about 18.2 per cent of the global total.
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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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Global oil diplomacy 2024: Abundant crude supplies offer Biden strategic l
Updated : 2 years, 2 months ago IST
As per S&P Global, while US gasoline prices hold significance in an election year, experts suggest that increased global oil supplies, driven in part by enhanced US oil production, provide the administration with some flexibility in its approach to geopolitical challenges.
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India's energy odyssey: Navigating global oil challenges and forging a sus
Updated : 2 years, 2 months ago IST
The International Energy Agency's (IEA) Oil Market Report (OMR) stands as a beacon of insight into this labyrinthine landscape, offering authoritative data and timely analysis.
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ADB underlines need to empower women for green economy
Updated : 2 years, 3 months ago IST
ADB posted on X, "Women make up only 20 per cent of the global energy workforce. However, the anticipated job surge resulting from a green transition could create a unique opportunity for women to enter traditionally male-dominated sectors".
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"I'm waiting for the thank you": Jaishankar on India softening oil markets
Updated : 2 years, 3 months ago IST
Jaishankar is currently on a five-day visit to the UK and he made these remarks during a conversation hosted by the High Commission of India in London, titled "How a billion people see the world." The conversation took place at the Royal Over-Seas League Club and was moderated by renowned
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Oil price rise would hit 2024 global growth, inflation outlook: Fitch
Updated : 2 years, 4 months ago IST
Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according to Fitch Ratings.
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OPEC sees global oil demand at 116 mb/d in 2045
Updated : 2 years, 5 months ago IST
The 17th edition of the flagship publication takes on board recent energy and economic-related developments, particularly related to the shifting dynamics around net zero policies, with many populations questioning the targets and the benefits, policymakers reevaluating their approach to ene
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Global crude oil prices soar following Hamas attack on Israel
Updated : 2 years, 5 months ago IST
Global crude oil prices moved in the northward direction on Monday, following the Israel-Hamas war that entered Day 3 with large fatalities on both sides.
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