Search For "global oil"
Growth in global oil demand is set to slow significantly by 2028
Updated : 2 years, 9 months ago IST
New IEA medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world's demand for oil is set to slow almost to a halt in the coming years, with the high prices and securit
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PM Modi to inaugurate India Energy Week in Bengaluru tomorrow
Updated : 3 years, 1 month ago IST
During the programme, Prime Minister will participate in a roundtable interaction with global oil and gas CEOs. He will also launch multiple initiatives in the field of green energy.
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PM Modi to inaugurate India Energy Week 2023 in Bengaluru
Updated : 3 years, 1 month ago IST
During the programme, Prime Minister will participate in a roundtable interaction with global oil and gas CEOs. He will also launch multiple initiatives in the field of green energy.
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India to benefit from G7 price cap on Russian oil: US officials
Updated : 3 years, 6 months ago IST
New Delhi [India], September 9 (ANI): The Group of Seven (G7) nations will soon convene and carve a price cap on Russian oil purchases, according to top US officials who said that India is going to benefit from the move even if it does not join the price cap mechanism directly.
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Pakistan: Sharif govt reduces petrol, diesel prices as global oil rates sl
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 15 (ANI): Pakistan Prime Minister, Shehbaz Sharif on Thursday announced a reduction in the prices of petrol and diesel by Rs 18.50 and Rs 40.54 per litre as crude oil rates in the international market fell sharply.
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OPEC lowers global economic, oil demand forecasts
Updated : 3 years, 10 months ago IST
Vienna [Austria], May 12 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised its forecasts for this year's global economic growth and oil demand, citing COVID-19-induced restrictions and geopolitical tensions.
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IEA releases plan to cut oil use by 2.7 million barrels per day
Updated : 3 years, 12 months ago IST
Paris [France], March 18 (ANI): The International Energy Agency (IEA) has urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine.
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India's legitimate energy transactions should not be politicized: Sources
Updated : 3 years, 12 months ago IST
New Delhi [India], March 18 (ANI): India's legitimate energy transactions should not be politicized, said sources amid reports that New Delhi is planning to buy Russian oil at a discounted rate following the surge in global oil prices after the Ukraine conflict.
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China to increase prices of gasoline, diesel
Updated : 3 years, 12 months ago IST
Beijing [China], March 17 (ANI): China is going to increase the retail prices of gasoline and diesel starting Friday, Xinhua reported citing the country's top economic planner.
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Brent oil to average USD 117/Bbl in March, up 30pc from February
Updated : 4 years ago IST
Washington [US], March 9 (ANI/Sputnik): Global oil prices, as indicated by the London-traded benchmark Brent, are expected to average $117 per barrel by end-March or 30% more than the forecast for last month, the US Energy Information Administration (EIA) said on Tuesday as Western sanctions
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Pakistani rupee to stay under pressure next week
Updated : 4 years ago IST
Islamabad [Pakistan], February 27 (ANI): The Ukraine crisis is expected to weigh on the Pakistan currency as a large current account deficit, surging energy and oil prices, and volatility in financial markets will likely put the Pakistani rupee under pressure next week, local media reported
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PM Modi interacts with CEOs, experts of global oil and gas sector
Updated : 4 years, 4 months ago IST
New Delhi [India], October 20 (ANI): Prime Minister Narendra Modi interacted with chief executive officers (CEO) and experts of the global oil and gas sector on Wednesday through video conference.
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