Crude Oil Production
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Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
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As Strait Of Hormuz Chokes, What Options Do Gulf States Really Have?
Hormuz has long been understood as one of the world's central trade chokepoints. It normally carries around 20 million barrels of crude and oil products each day
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In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
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UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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Strait Of Hormuz Closure Could Soon Be Felt On Dinner Tables Worldwide
Three staple crops corn, wheat and rice supply more than half of the world's dietary calories. The closure of the Strait of Hormuz has reduced the supply and increased the cost of all three.
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India Speeds Up Oil, LPG Import Deals Amid Middle East Supply Shock
India has fast-tracked signing of contracts to diversify import crude oil and LPG, industry sources told NDTV Thursday. Sources said contracts are being finalised after 'detailed negotiations on rates that suits India's economic interests'.
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US Pauses Sanctions On Iranian Oil At Sea Amid Soaring Prices
The authorization allows for the delivery and sale of Iranian crude oil and other petroleum products loaded onto ships before March 20, and will last through April 19, the US said.
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Ground Report: The Gap Between Energy Goals And Madhya Pradesh's Farm Realities
The unsettled global oil markets amid the ongoing Iran-Israel conflict have been a matter of concern for countries heavily dependent on imported crude oil. This uncertainty has renewed focus on India's efforts to reduce its energy dependence.
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Oil Surges To $100 A Barrel As Israel-Iran War Hits Production And Shipping
Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East.
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India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
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"We Have Been Open To Supplying Crude Oil To India": Russian Envoy
Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
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US Top Official In Venezuela For Oil Talks After Maduro's Ouster
US Energy Secretary Chris Wright was in Venezuela for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
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India To Stop Russian Oil Purchase, Will Buy From US Under Trade Deal: Karoline Leavitt
White House Press Secretary Karoline Leavitt claimed that India has committed to ending its purchases of Russian oil and will instead source crude oil from the United States, potentially from Venezuela.
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US Issues License For Oil Companies To Operate In Venezuela
The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.
-
Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
-
As Strait Of Hormuz Chokes, What Options Do Gulf States Really Have?
Hormuz has long been understood as one of the world's central trade chokepoints. It normally carries around 20 million barrels of crude and oil products each day
-
In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
-
UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
Strait Of Hormuz Closure Could Soon Be Felt On Dinner Tables Worldwide
Three staple crops corn, wheat and rice supply more than half of the world's dietary calories. The closure of the Strait of Hormuz has reduced the supply and increased the cost of all three.
-
India Speeds Up Oil, LPG Import Deals Amid Middle East Supply Shock
India has fast-tracked signing of contracts to diversify import crude oil and LPG, industry sources told NDTV Thursday. Sources said contracts are being finalised after 'detailed negotiations on rates that suits India's economic interests'.
-
US Pauses Sanctions On Iranian Oil At Sea Amid Soaring Prices
The authorization allows for the delivery and sale of Iranian crude oil and other petroleum products loaded onto ships before March 20, and will last through April 19, the US said.
-
Ground Report: The Gap Between Energy Goals And Madhya Pradesh's Farm Realities
The unsettled global oil markets amid the ongoing Iran-Israel conflict have been a matter of concern for countries heavily dependent on imported crude oil. This uncertainty has renewed focus on India's efforts to reduce its energy dependence.
-
Oil Surges To $100 A Barrel As Israel-Iran War Hits Production And Shipping
Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East.
-
India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
-
"We Have Been Open To Supplying Crude Oil To India": Russian Envoy
Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
-
US Top Official In Venezuela For Oil Talks After Maduro's Ouster
US Energy Secretary Chris Wright was in Venezuela for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
-
India To Stop Russian Oil Purchase, Will Buy From US Under Trade Deal: Karoline Leavitt
White House Press Secretary Karoline Leavitt claimed that India has committed to ending its purchases of Russian oil and will instead source crude oil from the United States, potentially from Venezuela.
-
US Issues License For Oil Companies To Operate In Venezuela
The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.
