Beijing [China], May 22 (ANI): Under the shed of its so-called friendship with Moscow, China is increasing purchases of oil from Russia at bargain prices, CNBC reported citing Uk media.
Jakarta [Indonesia], May 19 (ANI): Indonesian President Joko Widodo on Wednesday announced the lifting of the country's three-week-long ban on Palm oil exports from coming Monday following protests by farmers in the capital Jakarta on Tuesday.
Islamabad [Pakistan], May 19 (ANI): Pakistan Prime Minister Shehbaz Sharif after consultations with allies decided that the subsidy on oil prices would only be withdrawn if the National Security Committee unanimously guarantees the government's survival till August 2023.
Jeddah [Saudi Arabia], May 13 (ANI): Oil magnate Saudi Aramco on Thursday overtook Apple Inc, to become the world's most valuable company due to the recent surge in oil prices.
New Delhi [India], May 13 (ANI): The Consumer Price Index (CPI) Inflation for April 2022 is 7.79 per cent higher as against 6.95 per cent in March this year and 4.23 per cent in April last year, according to the government data.
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.
New Delhi [India], May 12 (ANI): India's retail inflation surged to eight-year high of 7.79 per cent in April due to a sharp jump in fuel and edible oil prices, the government data showed on Thursday.
Washington [US], May 10 (ANI/Sputnik): Prices of gasoline at the pump in the United States have hit record highs and added to runaway inflation as President Joe Biden prepares to address the nation later on Tuesday on measures taken by his administration to control prices of goods and necess
Mumbai (Maharashtra) [India], May 9 (ANI): The rupee plunged to a record low of 77.41 against the US dollar on Monday amid persisting high crude oil prices and uncertainty over the duration of the Russia-Ukraine war.
New York [US], May 6 (ANI): Highlighting the food and energy security challenges emerging as a result of the ongoing war in Ukraine, India at United Nations Security Council (UNSC) on Thursday (local time) highlighted the "disproportionate impact on the Global South and developing countri
New York [US], May 5 (ANI/Xinhua): Oil prices rose sharply on Wednesday after the European Union (EU) unveiled a plan to phase out Russian oil, triggering concerns over tight supplies.