Search For "organization of the petroleum exporting countries"
Oil prices nosedive after OPEC+ deal collapses
Updated : 6 years ago IST
New York [USA], Mar 7 (ANI): Oil prices have plunged to multi-year lows on Friday (local time) after a deal between the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, collapsed in Vienna.
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OPEC keeps forecast for Global Economic Growth in 2018 unchanged at 3.7 %:
Updated : 7 years, 3 months ago IST
Moscow [Russia], Dec 12 (Sputnik/ANI): The Organization of the Petroleum Exporting Countries (OPEC) has not revised its forecast for global economic growth, and it remains at 3.7 per cent for 2018 and at 3.5 per cent for the next year, OPEC said in its Monthly Oil Market Report released on W
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OPEC, non-OPEC members to discuss Qatari withdrawal influence on oil deal
Updated : 7 years, 3 months ago IST
Moscow [Russia], Dec 4 (ANI/Sputnik): The Ministerial Monitoring Committee of the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers will be discussing on Wednesday the influence that Qatari withdrawal from OPEC may have on the oil output cut deal, Russian
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Saudi Arabia looking into possible effects of OPEC collapse: Reports
Updated : 7 years, 4 months ago IST
Moscow [Russia], Nov 09 (Sputnik/ANI): Saudi Arabia's state-funded think tank is looking into potential effects of the dissolution of the Organization of the Petroleum Exporting Countries (OPEC) amid US pressure over oil prices and investments withdrawal from Saudi Arabia in the wake of the
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India-OPEC discuss on surging oil prices
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 17 (ANI): The Organization of the Petroleum Exporting Countries (OPEC) secretary general Sanusi Barkindo and Union Minister of Petroleum and Natural Gas Dharmendra Pradhan held a meeting on Wednesday to discuss the surging crude oil prices at the third India-OPEC Energ
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OPEC cuts 2018 world oil demand growth forecast over Turkey, Brazil, Argen
Updated : 7 years, 5 months ago IST
London [UK], Oct 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) downgraded its global oil demand estimate due to changes in economy forecasts for Turkey, Brazil, Argentina, a report by the OPEC showed Thursday. The OPEC, however, has forecasted non-OPEC oil su
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Global oil prices touch four-year high
Updated : 7 years, 5 months ago IST
New York [USA], Sep 26 (ANI): After the Organization of the Petroleum Exporting Countries (OPEC) dismissed the United States President Donald Trump's request for increased production and lower rates, oil prices have hit a four-year high.
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OPEC JMMC urges using spare oil capacities to meet demand in 2018
Updated : 7 years, 5 months ago IST
Algiers [Algeria]/Moscow [Russia], Sept 24 (Sputnik/ANI): The Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers urged countries with spare oil production capacities to meet consumer demand before the end
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OPEC to increase oil production
Updated : 7 years, 9 months ago IST
Vienna [Austria], June 22 (ANI): The members of the Organization of the Petroleum Exporting Countries (OPEC) on Friday agreed to jointly increase oil production, which is estimated to be about one million barrels a day.
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Pradhan to raise fuel hike issue at OPEC meeting
Updated : 7 years, 9 months ago IST
New Delhi (India), June 18 (ANI): Union Petroleum Minister Dharmendra Pradhan on Monday said India will raise the issue of the recent fuel price hike at the upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC) countries in Vienna.
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'Fuel prices may be lowered post OPEC meeting'
Updated : 7 years, 10 months ago IST
New Delhi [India], May 23 (ANI): Hindustan Petroleum Corporation Limited (HPCL) Chairman Mukesh K. Surana on Wednesday said fuel prices may be lowered post the upcoming Organisation of the Petroleum Exporting Countries (OPEC) meeting.
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GST on fuel price not possible until all state FMs agree: MoS Finance
Updated : 7 years, 10 months ago IST
New Delhi [India], May 23 (ANI): With prices of petrol and diesel soaring high, Minister of State (MoS) for Finance Shiv Pratap Shukla on Wednesday suggested that imposing Goods and Services Tax (GST) on fuel price will not be possible until and unless all state finance ministers agree. Read More
