Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentimentBrent crude futures for December dropped 22 cents, or 0.5%, to $42.94 a barrel by 0154 GMT, while U.S. West Texas Intermediate (WTI) crude ...
16 Oct, 2020, 08.18 AM IST
Top oil producers except Mexico agree to output cuts: OPECIt was seen as the best chance of providing support to prices, which have been wallowing near two-decade lows due to the coronavirus pandem...
10 Apr, 2020, 11.22 AM IST
OPEC divided on how to combat coronavirus falloutThe success of the OPEC summit, which has been called three months ahead of the next scheduled meeting, will above all hang on the alliance...
05 Mar, 2020, 10.11 AM IST
UAE assures supply of oil, LPG to India despite tanker attacks: PradhanDharmendra Pradhan said he discussed collaboration between India and the UAE during a telephone conversation with Jaber.
17 Jun, 2019, 08.02 PM IST
India presses OPEC for responsible pricing of oilIndia imports over 83 per cent of its crude oil needs. Of the crude oil imported, about 85 per cent of comes from OPEC nations.
17 Oct, 2018, 10.23 PM IST
Oil ministers, executives to debate energy futureMinisters and officials from Nigeria, Japan, Russia, China, USA, International Energy Agency, OPEC, CNPC, Total, and Exxon Mobil will also ...
10 Apr, 2018, 11.42 PM IST
Opec Secretary General urges US shale oil producers to help cap global supplyOn Monday, Saudi Arabia cut crude oil allocations for November by 560,000 barrels per day.
11 Oct, 2017, 12.56 AM IST
Crude causing pain to Modi govt, but giving a smile to these firmsCrude prices rose 20% in Sept quarter, its biggest increase for that quarter since 2004.
10 Oct, 2017, 03.40 PM IST
OPEC seeks to get more countries on board for stabilityWe urge our friends, in the shale basins of North America to take this shared responsibility with all seriousness it deserves, said OPEC's ...
10 Oct, 2017, 01.27 PM IST
Top oil companies' heads for bringing oil under GST: Amitabh KantThe prime minister, Kant said, has assured the industry that the Centre would discuss the issue with the states which suffer from 'fear of ...
09 Oct, 2017, 10.43 PM IST
'Prices to spike with OPEC output cut'Prime Minister Narendra Modi, addressing the conference earlier, said hydrocarbons would continue to play an important role in fulfilling I...
06 Dec, 2016, 01.38 AM IST
Goldman warns oil may tumble back to $40 if OPEC deal failsThe lack of progress on implementing quotas and the growing discord between OPEC producers suggests a declining probability of reaching a d...
01 Nov, 2016, 01.06 PM IST
OPEC splits prevent deal with other producers to curb supplyA deal wasn’t possible because internal OPEC talks on Friday reached an impasse over the role of Iran and Iraq, both of which want to be ex...
30 Oct, 2016, 05.41 PM IST
Oil speculators flee as OPEC members get ready to discuss output freezeMoney managers cut wagers on both falling and rising crude prices before talks between OPEC and other producers later this month.
20 Sep, 2016, 08.11 AM IST
- Gail among 12 firms shortlisted for Nigeria gas investment
Twelve foreign companies, including one from India, have been shortlisted as prospective investors in Nigeria's vast gas sector.
21 Apr, 2009, 04.00 PM IST
- Falling dollar adds to Opec's woes ahead of crucial meet
Opec is worried by a fall in the dollar that is eroding member states’ purchasing power and ministers will take up the issue when they meet...
05 Dec, 2006, 02.49 AM IST
- Venezuela to join Nigeria in production cut as prices skid
OPEC producer Venezuela plans to make a voluntary cut in supply along with fellow member Nigeria to boost sharply falling prices and counte...
30 Sep, 2006, 02.53 AM IST