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MOHAMMED AL RUMHI
Oil dips as US output hits record, but global markets remain tightUS crude stockpiles last week rose to their highest since September 2017.- DMK’s Jagathrakshakan Swamikannu travelled to Sri Lanka for record FDI oil refinery deal signingSo far, there has been no official word on the Indian interest in the project.
- Two big producers just called a bottom for oil: $60 a barrelPrices are up more than 20 per cent since hitting an almost two-year low in December 2018.
- US official rules out further waivers on Iran oil importsTensions between Iran and the United States have increased since May.
- OPEC waiting for Russia before deciding how much oil to cutThe cut will be between 1.0 and 1.3 million bpd.
- Saudi Arabia to cut oil exports amid signs of new surplusOPEC and allied suppliers are under mounting pressure to consider renewed cuts after a slump in oil prices.
- India gears up to participate in Asian Business Leadership Forum in UAEThe ABLF Series is a powerful, global leadership platform that convenes annually in the UAE.
- HPCL to buy 11-15 per cent stake in Petronet's east coast terminalState-owned Hindustan Petroleum Corp Ltd is likely to buy 11-15 per cent stake in Petronet LNG Ltd's Rs 5,000 crore LNG import terminal on ...
- Oman keen to buy 20 per cent stake in Petronet's LNG terminalThe company received final approval from its board of directors last year to build a third LNG terminal at Gangavaram, the first on the eas...
- Oman keen to invest in IndiaBuoyed by the success of Bina refinery, Oman is keen on investing more in India particularly in the petrochemical sector and is exploring o...
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