Spigots to open wider, buyer bargains aheadOpec+ nations are set to increase oil production amidst internal quota struggles and rising competition from alternative sources. Pressure ...
06 Jul, 2025, 11.00 PM IST
Opec+ giants pump out additional oil to IndiaThat’s even higher than the 359,000 bpd they had collectively committed to additionally produce under Opec+’s plan to raise output by 409,0...
06 Jun, 2025, 12.01 AM IST
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...
22 Apr, 2025, 02.15 PM IST
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...
22 Apr, 2025, 01.15 PM IST
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...
17 Jan, 2025, 02.37 PM IST
OPEC expects share of Indian oil imports to rise againOPEC expects to increase its share of India's oil imports due to proximity. The decline in OPEC's dominance was caused by discounted Russia...
06 Mar, 2024, 04.25 PM IST
Cheap Russian oil cuts OPEC's share of India imports to record-low 50%In 2023, India's reliance on OPEC's oil hit an all-time low, while imports of discounted Russian oil reached a record high, marking a signi...
18 Jan, 2024, 09.54 PM IST
OPEC gains India oil market share in October, Russia slipsRussia's share of the Indian market in October slipped to the lowest in nine months, according to Reuters calculations based on ship tracki...
22 Nov, 2023, 05.32 PM IST
India's imports from OPEC at all-time low as Russian oil buy peaksIndia's imports of crude oil from the Organisation of the Petroleum Exporting Countries (OPEC) fell to a record low of 46% in April as it i...
07 May, 2023, 01.03 PM IST
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...
17 Jan, 2023, 09.05 PM IST
Hardeep Singh Puri conveys India's concerns over high oil prices to Saudi Arabia, UAE"Highlighted the crucial role of Saudi Arabia in rapidly growing energy needs of India in the coming years, and my strong desire to work wi...
16 Jul, 2021, 04.55 PM IST
Petroleum Minister Hardeep Singh Puri calls OPEC kingpin Saudi Arabia to convey concerns over high oil prices"Saudi Arabia is a central player in international energy market," he tweeted. "I conveyed my desire to work with His Royal Highness Prince...
15 Jul, 2021, 11.27 PM IST
Oil prices 'very challenging', need them to sober a bit: India to OPECThe rebound in international oil prices from lows hit last month on the back of demand recovery has led to a spike in petrol and diesel ret...
29 Jun, 2021, 06.19 PM IST
India asks OPEC to correct pricing anomalies, assess impact of CovidSpeaking at the 4th high-level meeting of the India-OPEC Energy Dialogue, Oil Minister Dharmendra Pradhan said OPEC meets 78 per cent of In...
05 Nov, 2020, 07.23 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
RIL, Essar Oil to back Dharmendra Pradhan at Opec meetFor the first time, India's oil minister will have representatives of all Indian refiners, including private sector Reliance Industries Ltd...
22 May, 2017, 11.18 AM IST
India kicks off talks with OPEC; seeks reasonable oil pricing for developing nationsPetroleum minister Dharmendra Pradhan asked Abdalla Salem El-Badri during the dialogue for reasonable oil pricing for developing countries ...
18 Dec, 2015, 08.31 AM IST