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
Birol made this statement during a G20 event in New Delhi, emphasizing the "rapid growth of electrification in cars and buses in China as one of the reasons behind this projection," as reported by Reuters.
The decrease in wholesale inflation is mainly attributed to the decline in cereals, wheat, vegetables, potato, fruits, eggs meat and fish, oilseeds, minerals, crude petroleum and natural gas, and steel among others in May
The Indian Coast Guard (ICG) on Tuesday evacuated 50 personnel from Oil Rig 'Key Singapore' in view of the approaching 'very severe' cyclonic storm Biparjoy.
New Delhi [India], June 12: ACTIZEET, a leading brand in natural health and wellness, is proud to announce the highly anticipated launch of its new line of Pure Essential Oils in the Indian market. Known for its commitment to quality and purity, Actizeet aims to provide consumers with a rang
Vaidya's sisters confronted accused Manoj Sane for the first time after Vaidya's murder and police said they were all furious and urged the police to make such a strong case that he gets the strictest punishment.
When completed, the 1445 km long project from the Ugandan oilfields of Lake Albert is expected to deliver 216,000 barrels. It will be sent to worldwide markets after arriving at the port of Tanga in Tanzania's Indian Ocean.
An FCSC report revealed that raw gold topped the list of the five most important commodities imported by the UAE from Turkey in 2022, with a value of AED 15.6 billion, and jewellery was second on the list of the five key commodities imported in the same year, with a value of AED 9.4 billion.
The 16 sailors, who had faced accusations of oil theft by Nigerian authorities, arrived at Kochi Airport in Kerala after undergoing trials and reaching a settlement.
E20 blending in petrol was introduced in the country by the government of India with the aim of reducing the country's oil import cost, energy security, lower carbon emission, and better air quality, among others.