Oil

The lab can handle characterization challenges of the oil and gas reservoir in routine and complex formations including the hydrates and geothermal systems and carry out carbon utilization and storage feasibility studies.

Oil jumped on Monday as OPEC+ considered reducing output at its meeting later this week while the pound swung higher after the UK government said it would reverse a controversial tax cut that had roiled British markets.

Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day for its biggest reduction since the pandemic, in a bid to support the market.

The rupee weakened sharpy against the dollar on Monday as oil prices surged.

Stock Market India: Equity benchmarks opened in the red on the first trading day of October, tracking a fall in Asian equities after a surge in oil on expectations oil producers would likely cut production, raising higher inflation worries.

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market.

A day after External Affairs Minister S Jaishankar's visit, the United States sanctioned an Indian company for purchasing Iranian petroleum and petrochemicals.

Between 2016 and 2021, the amount of emissions needed to produce one coin grew from less than a tonne to 113 tonnes.

Gas leaked from a well of the Oil and Natural Gas Corporation (ONGC) near a village in Gujarat's Mehsana district on Friday, an official said.

Oil prices were on track for their first weekly gain in five on Friday, underpinned by a weaker dollar and the possibility that OPEC+ will agree to cut crude output when it meets on Oct. 5.

Oil prices fell on Thursday, with a stronger dollar paring the previous day's more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut output.

Indian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier.

The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters.

European Commission President Ursula von der Leyen on Wednesday proposed fresh sanctions against Russia over its war against Ukraine, including further trade restrictions, individual blacklistings and an oil price cap for third countries.

Oil prices fell more 1% on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support from U.S. production cuts caused by Hurricane Ian.

The lab can handle characterization challenges of the oil and gas reservoir in routine and complex formations including the hydrates and geothermal systems and carry out carbon utilization and storage feasibility studies.

Oil jumped on Monday as OPEC+ considered reducing output at its meeting later this week while the pound swung higher after the UK government said it would reverse a controversial tax cut that had roiled British markets.

Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day for its biggest reduction since the pandemic, in a bid to support the market.

The rupee weakened sharpy against the dollar on Monday as oil prices surged.

Stock Market India: Equity benchmarks opened in the red on the first trading day of October, tracking a fall in Asian equities after a surge in oil on expectations oil producers would likely cut production, raising higher inflation worries.

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market.

A day after External Affairs Minister S Jaishankar's visit, the United States sanctioned an Indian company for purchasing Iranian petroleum and petrochemicals.

Between 2016 and 2021, the amount of emissions needed to produce one coin grew from less than a tonne to 113 tonnes.

Gas leaked from a well of the Oil and Natural Gas Corporation (ONGC) near a village in Gujarat's Mehsana district on Friday, an official said.

Oil prices were on track for their first weekly gain in five on Friday, underpinned by a weaker dollar and the possibility that OPEC+ will agree to cut crude output when it meets on Oct. 5.

Oil prices fell on Thursday, with a stronger dollar paring the previous day's more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut output.

Indian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier.

The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters.

European Commission President Ursula von der Leyen on Wednesday proposed fresh sanctions against Russia over its war against Ukraine, including further trade restrictions, individual blacklistings and an oil price cap for third countries.

Oil prices fell more 1% on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support from U.S. production cuts caused by Hurricane Ian.