The blast took place at a plant owned by the silicon oil production company Jiangxi QianTai New Materials at around noon in the city of Guixi, Jiangxi province, according to Chinese state media outlet CCTV.
Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from May 2023 are factors that may, going forward, influence the inflation trajectory in India, Ministry of Finance's Monthly Economic R
On Saudi Arabia's announcement of cutting oil production, Fatih Biral, Executive Director of, the International Energy Agency said, "Saudi Arabia, Russia and others- the OPEC plus producers decided to cut the oil production. And when we look at the International Energy Agency's analysis and
"This voluntary initiative is a precautionary measure taken to ensure market balance and comes in alignment with the production cut agreed upon during the 33rd OPEC and non-OPEC Ministerial Meeting (ONOMM), held on 5th October 2022," the minister said in a statement.
Pointing out that India currently imports oil worth Rs 16 lakh crore from Arab countries, he said sugar mills can help India become self-reliant in oil production through ethanol. Once the country achieves self-sufficiency in oil production, the money would go to the accounts of sugarcane fa
According to new research, a natural byproduct of olive oil production may have antioxidant properties and may help with exercise. The research, led by nutritionists at Anglia Ruskin University (ARU) and published in the journal Nutrients, is the first to look into the benefits of natural ol
The signing ceremony of the over USD 500 million deal took place on January 5 in the presence of the Chinese envoy to Afghanistan Wang Yu, and other high-ranking Taliban officials, including Abdul Ghani Baradar, the acting deputy prime minister for economic affairs.
The signing ceremony took place in presence of the Chinese envoy to Afghanistan Wang Yu, and other high-ranking Taliban officials, including Abdul Ghani Baradar, the acting deputy prime minister for economic affairs.
"As for our reaction, I've already said that we simply will not sell to those countries that make such decisions. We will think, maybe even, I'm not saying that this is a (made) decision - but we will think, if necessary, about a possible reduction in production," Putin said to reporters.
Washington [US], October 20 (ANI): US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic reserve, part of a response to recent production cuts announced by OPEC+ nations.