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ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report saysIndia and the United States can boost bilateral trade to USD 500 billion by 2030. Deeper cooperation in hydrocarbons is key. The energy rel...
India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...
$327.1 billion US exports in April touch record highAmerica's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
Surge in India's engineering exports validation of country's progress: Commerce ministry officialThis expansion, despite a challenging global trade landscape, underscores the resilience of Indian exporters and their increasing contribut...
India willing to open its market to high-quality, innovative pharma products, says commerce ministerIndia is ready to welcome high-quality global pharmaceutical products. This move is in exchange for better market access for Indian drug ex...
Exports rise 15 per cent during April-May, government official saysIndia's merchandise exports show strong growth. Exports rose by 15 percent in April-May 2026-27. This happened despite global economic unce...
Jharkhand exports first commercial mango consignment to UKJharkhand has achieved a significant milestone with its first commercial export of fresh mangoes to the United Kingdom. APEDA facilitated t...
OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy securityMaruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...
India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin GadkariIndia is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnerin...
India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...
India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
Shrimp startup Aquapulse bags Rs 45 crore to connect farmers with global buyersAquapulse has secured ₹45 crore in a funding round led by NABVENTURES. This capital will boost farm technology and disease management. The ...
Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
India’s exports hit $43.56 billion in April as shipments record double-digit growthWith exports soaring, India is charting a promising course for the 2026-27 fiscal year, recording a remarkable double-digit increase in tra...