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.
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.
New York [USA], Mar 12 (ANI): Despite the recent plunge in oil prices, Moody's Investors Service expects that oil and gas companies will actively manage their liquidity in 2020, reducing capital spending and potentially reducing or suspending distributions to shareholders amid lower opera
New Delhi [India], Mar 9 (ANI): Petrol and diesel prices registered a drop across the country on Monday as global oil prices plummeted around 30 per cent after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.
Hong Kong, Feb 6 (ANI): The ongoing coronavirus outbreak has reduced economic activity in China, the world's largest oil importer, with estimates of a short-term reduction in global oil demand weakening crude prices in recent days.
Mumbai (Maharashtra) [India], Jan 16 (ANI): Equity benchmark indices traded extremely volatile on Thursday but closed in the positive terrain as global oil prices rose after the United States and China signed phase one of the trade agreement.
Mumbai (Maharashtra) [India], Jan 16 (ANI): Equity benchmark indices reversed morning gains on Thursday and traded lower in the afternoon session as global oil prices rose after the United States and China signed phase one of the trade agreement.
Doha [Qatar], Jan 8 (ANI): Global oil and gold prices climbed sharply on Wednesday after the Pentagon said that Iran launched more than a dozen ballistic missiles against bases in Iraq that house US troops, amplifying concerns about a spiralling retaliatory conflict between the United States
Doha [Qatar], Jan 6 (ANI): Oil and gold prices continued surging on Monday as escalating tensions in the Middle East fanned worries about disruption to global oil supplies, sending investors scurrying to safer investments.
New Delhi [India], Sep 23 (ANI): Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Monday that global oil prices will ease if there is no further geopolitical escalation in future.
Washington D.C. [United States], Sept 16 (ANI): Oil prices have spiked after a weekend attack on key oil facilities in Saudi Arabia by Yemen's Houthis caused disruption to the global supply of crude for some time.