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OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
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On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
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After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
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How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
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Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
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India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
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How Israel-Iran Conflict May Affect Oil Prices In India
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.
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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
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"Did Entire World A Favour": Minister On Why India Buys Russian Oil
Union Petroleum and Natural Gas minister Hardeep Singh Puri said oil will remain a key part of the world's energy supply for years to come.
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Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
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Global Oil Prices Soar After Hamas Attack On Israel
Oil prices soared more than four percent Monday after Hamas launched an attack on Israel at the weekend, sparking concerns about possible supply shocks from the crude-rich region.
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From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
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"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
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Oil Falls On Lackluster U.S. Summer Gasoline Demand
Oil prices have been extremely volatile, caught in a tug-of-war between supply fears caused by Western sanctions on Russia and worries that the fight against inflation could weaken the global economy and cut demand.
-
OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
-
On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
-
After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
-
How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
-
Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
-
Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
-
How Israel-Iran Conflict May Affect Oil Prices In India
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.
-
China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
-
"Did Entire World A Favour": Minister On Why India Buys Russian Oil
Union Petroleum and Natural Gas minister Hardeep Singh Puri said oil will remain a key part of the world's energy supply for years to come.
-
Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
-
Global Oil Prices Soar After Hamas Attack On Israel
Oil prices soared more than four percent Monday after Hamas launched an attack on Israel at the weekend, sparking concerns about possible supply shocks from the crude-rich region.
-
From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
-
"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
-
Oil Falls On Lackluster U.S. Summer Gasoline Demand
Oil prices have been extremely volatile, caught in a tug-of-war between supply fears caused by Western sanctions on Russia and worries that the fight against inflation could weaken the global economy and cut demand.
