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OPEC SHARE
Global Market Today: Asian shares rise as Fed hike bets ease, oil gainsMSCI’s Asia Pacific equities index rose 0.4%, with Japanese shares rallying 2%. Contracts for the Nasdaq 100 rose 0.3% after the underlying...- Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
- OPEC+ keeps oil output policy unchanged for OctoberOPEC+ maintained its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output steps. The ...
- OPEC+ set to keep oil output policy unchanged on Sunday, sources sayOPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...
- Firms including Chevron, ONGC, GE Vernova on track to sign final pacts in Venezuela, sources sayInternational energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. F...
- Global Market Today: Asian shares slip as US stock futures dip ahead of Warsh’s Jackson Hole speechFutures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intell...
- ONGC gets US licence to resume full Venezuela operations, eyes operatorshipONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...
- Why this Trump oil tariff is ZzzA US Senate bill imposing tariffs on Russian oil buyers faces hurdles. India's energy supplies remain secure due to diversified import stra...
- Russian oil drives OPEC share in India's imports to record low, data showsIndia's oil imports saw a significant shift in fiscal year 2024-25, with OPEC's share hitting a record low as Russian oil imports surged. R...
- Russian oil drives OPEC share in India's imports to record low, data showsIndia's oil imports saw a shift in fiscal year 2024-25, with OPEC's share hitting a record low as Russian oil imports surged. Refiners favo...
- OPEC's share in India's annual oil imports rises after 8-yr dropIn 2024, OPEC's share in India's crude oil imports increased for the first time in nine years to 51.5%, as Russia's share fell due to new s...
- India's Russian oil binge drags down OPEC's share to lowest in 2022Refiners in India, the world's third-biggest oil consumer and importer, have been gorging on Russian oil sold at a discount after some West...
- India's Russian oil binge drags down OPEC's share to lowest in 2022Refiners in India, the world's third-biggest oil consumer and importer, have been gorging on Russian oil sold at a discount after some West...
- OPEC's share of Indian oil imports falls to lowest in at least 15 yearsIndia's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels ...
- Opec has cut oil output by 1.25 mbpd in June: Petro-LogisticsOPEC's share of the cut is 6.084 million bpd.
- Opec+ should focus on market share as oil demand recovers: MoscowOpec+, set up in 2016, has worked to support prices by cutting output.
- Opec February oil output sinks on Libyan unrest, cutsOn average, Opec pumped 27.84 million barrels per day (bpd) last month.
- China gives cue to OPEC: Oil prices have fallen too farChina, the world’s secondbiggest oil consumer, said it will suspend fuel price cuts while crude continues to fall to slow consumption growt...
- Saudi offers of extra oil in Asia fail to lure interest in cutthroat marketSaudi crude production in the first nine months of 2015 hit 10.21 million bpd, up from 9.69 million bpd in 2014, Reuters data showed.
- Indonesia's return to OPEC complicates December decision on output targetOPEC's policy meeting in December will welcome Indonesia's return as a member, complicating a decision by the producer group on whether to ...
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