OPEC, Russia Approve Record Oil Supply Cut Amid Coronavirus Pandemic
Business | Reuters | Monday April 13, 2020
Measures to slow the spread of the coronavirus have destroyed demand for fuel and driven down oil prices, straining budgets of oil producers and hammering the US shale industry.
Crude Oil Price Drops Nearly 4% As Delayed Producer Meet Causes Oversupply
Business | Reuters | Monday April 6, 2020
The world's top producers delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets
Crude Oil Hits 4-Month High As Iran Strike On US Forces Jolts Markets
Business | Reuters | Wednesday January 8, 2020
Iran's missile attack on US-led forces in Iraq came early on Wednesday, hours after the funeral of Qassem Soleimani, the commander of the country's elite Quds Force killed in a US drone stroke on January 3.
Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
India News | Press Trust of India | Sunday September 22, 2019
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
No Disruption In Saudi Oil Supply For India, Tanker On Way, Say Sources
India News | Reported by Sunil Prabhu, Edited by Anindita Sanyal | Tuesday September 17, 2019
There may be no disruption of supply of oil from Saudi Arabia despite last week's drone attack on two oil installations halved the country's production, but the prices which are tied to international market, may rise, sources told NDTV today.
Centre's Assurance After Attack On Saudi Facilities Halves Output
India News | Reported by Akhilesh Sharma, Edited by Divyanshu Dutta Roy | Monday September 16, 2019
Union Petroleum Minister Dharmendra Pradhan on Monday said that oil supplies to India will not be disrupted after an attack on Saudi Arabian oil facilities over the weekend halved the kingdom's production.
Saudi Assures Oil Supply, India's Strategic Reserve Levels At 55%: Report
India News | Reuters | Monday September 16, 2019
India's strategic petroleum reserves stand at 55 per cent of available underground storage capacity of 5.33 million tonnes, a top government official told Reuters on Monday.
Crude Oil Price Surges 20%, Clocks Biggest Percentage Gain Since 1991
Business | Thomson Reuters | Monday September 16, 2019
Brent crude futures, the international benchmark for crude oil, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intraday jump since January 14, 1991.
After Attacks, Saudi Full Oil Supply May Take Weeks To Resume: Report
World News | Reuters | Sunday September 15, 2019
Saudi Arabia's return to its full oil supply capacity after Saturday's attacks on Aramco oil plants could take "weeks not days", a source close to the matter told Reuters on Sunday.
Oil Steadies As Investors Weigh Recession Risk Against Saudi Assurance
Business | Tsuyoshi Inajima, Bloomberg | Tuesday June 4, 2019
Rising U.S. inventories and relative calm in the Middle East over the last week or so are countering the likelihood that the Organization of Petroleum Exporting Countries and allied producers will extend their output curbs.
Saudi King Salman Warns "Terror" Attacks Could Threaten Global Oil Supply
World News | Agence France-Presse | Saturday June 1, 2019
Saudi Arabia's King Salman on Saturday warned that "terrorist" attacks in the region could imperil global oil supplies.
US Can't Ensure Cheaper Oil Supplies To India, Says Trade Secretary
India News | Agencies | Tuesday May 7, 2019
The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said on Monday.
Ready To Deal With Impact Of US Sanctions On Iran, Says India
India News | Reuters | Thursday May 2, 2019
India is ready to deal with the impact of US sanctions against Iran and will get extra supplies from other oil producing countries to compensate for loss of Iranian oil, foreign ministry spokesman Raveesh Kumar said today.
Indian Oil Halts Fuel Supply To Jet Airways Over Non-Payment Of Dues: Report
Business | Thomson Reuters | Wednesday April 10, 2019
This is the second time the refiner has halted fuel supplies to crisis-stricken Jet, which is saddled with over $1.2 billion in debt and owes money to banks, aircraft lessors, suppliers, pilots and others.
India May Increase Oil Imports From Brazil, Mexico: Report
Business | Indo-Asian News Service | Sunday March 24, 2019
Venezuela is the fourth largest oil supplier to India after Saudi Arabia, Iraq and Iran. It accounted for about 11 per cent of domestic oil supplies in 2017-18, supplying close to 18 million tonnes (mt).
US Kills Iran General, Shakes Global Economy
Jan 3, 2020
कच्चे तेल के खेल में फंसा भारत
Apr 30, 2019
Iran nuclear deal: what it means for India
Nov 25, 2013
OPEC, Russia Approve Record Oil Supply Cut Amid Coronavirus Pandemic
Business | Reuters | Monday April 13, 2020
Measures to slow the spread of the coronavirus have destroyed demand for fuel and driven down oil prices, straining budgets of oil producers and hammering the US shale industry.
Crude Oil Price Drops Nearly 4% As Delayed Producer Meet Causes Oversupply
Business | Reuters | Monday April 6, 2020
The world's top producers delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets
Crude Oil Hits 4-Month High As Iran Strike On US Forces Jolts Markets
Business | Reuters | Wednesday January 8, 2020
Iran's missile attack on US-led forces in Iraq came early on Wednesday, hours after the funeral of Qassem Soleimani, the commander of the country's elite Quds Force killed in a US drone stroke on January 3.
Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
India News | Press Trust of India | Sunday September 22, 2019
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
No Disruption In Saudi Oil Supply For India, Tanker On Way, Say Sources
India News | Reported by Sunil Prabhu, Edited by Anindita Sanyal | Tuesday September 17, 2019
There may be no disruption of supply of oil from Saudi Arabia despite last week's drone attack on two oil installations halved the country's production, but the prices which are tied to international market, may rise, sources told NDTV today.
Centre's Assurance After Attack On Saudi Facilities Halves Output
India News | Reported by Akhilesh Sharma, Edited by Divyanshu Dutta Roy | Monday September 16, 2019
Union Petroleum Minister Dharmendra Pradhan on Monday said that oil supplies to India will not be disrupted after an attack on Saudi Arabian oil facilities over the weekend halved the kingdom's production.
Saudi Assures Oil Supply, India's Strategic Reserve Levels At 55%: Report
India News | Reuters | Monday September 16, 2019
India's strategic petroleum reserves stand at 55 per cent of available underground storage capacity of 5.33 million tonnes, a top government official told Reuters on Monday.
Crude Oil Price Surges 20%, Clocks Biggest Percentage Gain Since 1991
Business | Thomson Reuters | Monday September 16, 2019
Brent crude futures, the international benchmark for crude oil, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intraday jump since January 14, 1991.
After Attacks, Saudi Full Oil Supply May Take Weeks To Resume: Report
World News | Reuters | Sunday September 15, 2019
Saudi Arabia's return to its full oil supply capacity after Saturday's attacks on Aramco oil plants could take "weeks not days", a source close to the matter told Reuters on Sunday.
Oil Steadies As Investors Weigh Recession Risk Against Saudi Assurance
Business | Tsuyoshi Inajima, Bloomberg | Tuesday June 4, 2019
Rising U.S. inventories and relative calm in the Middle East over the last week or so are countering the likelihood that the Organization of Petroleum Exporting Countries and allied producers will extend their output curbs.
Saudi King Salman Warns "Terror" Attacks Could Threaten Global Oil Supply
World News | Agence France-Presse | Saturday June 1, 2019
Saudi Arabia's King Salman on Saturday warned that "terrorist" attacks in the region could imperil global oil supplies.
US Can't Ensure Cheaper Oil Supplies To India, Says Trade Secretary
India News | Agencies | Tuesday May 7, 2019
The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said on Monday.
Ready To Deal With Impact Of US Sanctions On Iran, Says India
India News | Reuters | Thursday May 2, 2019
India is ready to deal with the impact of US sanctions against Iran and will get extra supplies from other oil producing countries to compensate for loss of Iranian oil, foreign ministry spokesman Raveesh Kumar said today.
Indian Oil Halts Fuel Supply To Jet Airways Over Non-Payment Of Dues: Report
Business | Thomson Reuters | Wednesday April 10, 2019
This is the second time the refiner has halted fuel supplies to crisis-stricken Jet, which is saddled with over $1.2 billion in debt and owes money to banks, aircraft lessors, suppliers, pilots and others.
India May Increase Oil Imports From Brazil, Mexico: Report
Business | Indo-Asian News Service | Sunday March 24, 2019
Venezuela is the fourth largest oil supplier to India after Saudi Arabia, Iraq and Iran. It accounted for about 11 per cent of domestic oil supplies in 2017-18, supplying close to 18 million tonnes (mt).
US Kills Iran General, Shakes Global Economy
Jan 3, 2020
कच्चे तेल के खेल में फंसा भारत
Apr 30, 2019
Iran nuclear deal: what it means for India
Nov 25, 2013
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