Energy updates from across Asia
The latest OPEC news, analysis and data from India and across Asia, reported by Energy Asia.
The eruption of direct military confrontation between the United States, Israel and Iran on February 28, 2026 has pushed global energy security into one of its most fragile moments since the shocks of the early 2000s.
The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a full agreement after an earlier dispute that roiled…
Hardeep Singh Puri has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the nascent economic recovery after the devastating…
Oil marketing companies kept the retail price of petrol and diesel unchanged on Friday to analyse the global oil price movement before making further revisions.
Hardeep Singh Puri will now take charge of the Ministry of Petroleum and Natural Gas. He has relinquished the portfolio of Civil Aviation but still hold…
Petrol price on Sunday crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for the first time ever as fuel…
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19…
Crude oil prices surged on Wednesday with the Brent crude trading above the $71 per barrel after OPEC projected demand improvement and tightening of the market.
Africa's share in India's oil imports surged to a seven-month high in April as refiners boosted purchases from small regional players such as Ghana and Congo…
Indian refiners, anticipating a lifting of US sanctions, plan to make space for the resumption of Iranian imports by reducing spot crude oil purchases in the…
India's fuel demand slumped 9.4% in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus…
Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification…
Oil prices rose more than 4% on Friday on worries global supplies of crude and refined products could be disrupted for weeks as workers try to…
Fuel prices in the country have remained steady for over a fortnight now as softening crude and upcoming elections in several states later this month has…
Oil prices rose for a fourth straight session to the highest levels in more than 13 months, underpinned by monetary easing policies and lower crude production…
Union Petroleum and Natural Gas Minister Dharmendra Pradhan said that reduced fuel production and oil-rich nations seeking more profits are the primary reasons behind spiralling petrol…
MoPNG Dharmendra Pradhan said that by balancing accessibility and affordability, India is creating a global model of energy justice and India will chart its own strategy…
India pressed for assessing the impact of COVID-induced disruptions to global energy sector supply chains and said oil cartel OPEC needs to address anomalies in the…
Global demand for crude could recover to pre-coronavirus levels by 2022, Saudi Aramco said, as the International Energy Agency projected it could take at least a…
Petroleum Minister Dharmendra Pradhan, participated in the G20 Extraordinary Energy Ministers’ virtual Meeting on 10th April 2020. The meeting was called by Saudi Arabia, in its…
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