Search For "opec"
China fears to lose position as Latin Americans' gear up to become major l
Updated : 3 years, 4 months ago IST
According to the US Geological Survey, Bolivia is home to 21 million tonnes of the 89 million tonnes that make up the world's known lithium resources, while Argentina and Chile are responsible for around 32 per cent of global production which is also why China will now find it tough to conti
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Pakistan PM Shehbaz Sharif to visit Saudi Arabia today
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 24 (ANI): Pakistani Prime Minister Shehbaz Sharif will be on a two-day visit to Saudi Arabia on Monday, ARY News reported.
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Biden announces release of 15 million barrels of oil from strategic reserv
Updated : 3 years, 5 months ago IST
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.
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Pakistan backs Saudi Arabia over its tension with US
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 19 (ANI): Pakistan has decided to side with Saudi Arabia as the kingdom continues to be at loggerheads with the United States over the cut in oil supply in the international market.
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Biden to release 15 million barrels from oil reserve, more possible
Updated : 3 years, 5 months ago IST
Washington [US], October 19 (ANI): President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on Wednesday as part of a response to recent production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC+) nations.
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Biden to "reevaluate" ties with Saudi Arabia after OPEC cut oil production
Updated : 3 years, 5 months ago IST
Washington [US], October 12 (ANI): After cut in oil production quotas by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, the White House said that US President Joe Biden will now work with Congress to 're-evaluate' relationship with Saudi Arabia.
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India is clear about its policy regarding oil purchases, will buy oil from
Updated : 3 years, 5 months ago IST
Washington [US], October 8 (ANI): India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing nations led by Russia and Saudi Arabia announced a slash in oil production by two million barrels per day.
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Oil price rise in India is way below global price hikes: Hardeep Singh Pur
Updated : 3 years, 5 months ago IST
Washington [US], October 8 (ANI): Union Petroleum and Natural Gas minister Hardeep Singh Puri said that compared to fuel price hikes globally, India only raised prices by 2 per cent, which is way below that of other countries.
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India will buy oil from wherever it has to: Union Minister Puri
Updated : 3 years, 5 months ago IST
Washington [US], October 8 (ANI): Union Minister of Petroleum and Natural Gas. Hardeep Singh Puri has said that India will buy crude oil from whichever country it wanted and that New Delhi faces no pressure from Washington to cut its energy buys from Russia.
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Confident India will be able to navigate through OPEC+ production cut situ
Updated : 3 years, 5 months ago IST
Washington [US], October 8 (ANI): Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday (local time) said that India will navigate through the Organisation of Petroleum Exporting Countries Plus (OPEC+) decision to cut oil production from November by a steeper than expe
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Indian economy is resilient, not going to be impacted by OPEC+ oil output
Updated : 3 years, 5 months ago IST
New Delhi [India], October 6 (ANI): After OPEC+ agreed to steep oil production cuts on Wednesday, curbing supply in an already tight market, Indian economist Dr Charan Singh called India 'fortunate' enough as the country is not going to be badly impacted by these policies as it is not on
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White House says OPEC+ 'aligning' with Russia as member countries announce
Updated : 3 years, 5 months ago IST
Washington [US], October 6 (ANI): The White House on Wednesday (local time) expressed disappointment over the announcement of a cut in oil production quotas by Organization of the Petroleum Exporting Countries (OPEC) and its allies.
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