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Monday, November 28 2022

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OPEC, allies may consider 1 Million bpd cut in oil production

04-Oct-2022 Business News

OPEC and its allies, including Russia, will reportedly consider cutting output by more than 1 million barrels per day...

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Vienna: 1st in-person ministerial meeting since 2020 to be held

02-Oct-2022 Europe

According to a statement released by the organisation, the ministerial level meeting of OPEC+ oil cartel will take place on October 5 in Vienna to...

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OPEC lowers forecasts for global economy and oil demand in 2022

12-Aug-2022 Economy

OPEC has also revised down its forecasts for Global oil demand to about 100 million barrels per day, from the previous...

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To suggest the oil market is confused would be an understatement: analyst

11-Mar-2022 Business News

Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia, BBC...

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Oil prices rise as traders await OPEC+ meeting

02-Nov-2021 Economy

Oil prices advanced on Monday as traders are awaiting the Organization of the Petroleum Exporting Countries, and its allies,...

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Petrol, diesel rates raised again by 35 paise/ltr

27-Oct-2021 Economy

Petrol and diesel prices increased again on Wednesday as global oil prices failed to relent and continued to remain...

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