Organisation of the Petroleum Exporting Countries
Diesel hits ₹100 mark in Kerala, Karnataka
Oil & Gas
October 11, 2021
Diesel hits ₹100 mark in Kerala, Karnataka
Diesel price on Monday breached the ₹100-a-litre mark in Kerala and Karnataka as fuel prices were hiked again to align…
India left with few options as international oil prices surge
Oil & Gas
October 5, 2021
India left with few options as international oil prices surge
As the world's third-largest oil importer and consumer, India is running out of options as the relentless surge in international…
Petrol, diesel prices hiked as crude nears $80/barrel
Oil & Gas
September 28, 2021
Petrol, diesel prices hiked as crude nears $80/barrel
Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices…
Diesel price up by 70 paise per litre in four days
Oil & Gas
September 28, 2021
Diesel price up by 70 paise per litre in four days
Diesel price was hiked by 25 paise per litre, the third increase since last week and more rate hikes for…
TotalEnergies signs $27 bn oil, gas & solar deal in Iraq
Oil & Gas
September 6, 2021
TotalEnergies signs $27 bn oil, gas & solar deal in Iraq
TotalEnergies signed a $27-billion contract to invest in oil, gas and solar production in Iraq, as the country faces an…
India seeks reasonable price from oil producers
Oil & Gas
July 28, 2021
India seeks reasonable price from oil producers
India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
OPEC, allies reach agreement after row over production
Oil & Gas
July 19, 2021
OPEC, allies reach agreement after row over production
The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a full agreement…
Puri conveys concerns over high oil prices to Saudi, UAE
Oil & Gas
July 16, 2021
Puri conveys concerns over high oil prices to Saudi, UAE
Hardeep Singh Puri has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the…
Consumers may get respite from frequent fuel price hike
Oil & Gas
July 9, 2021
Consumers may get respite from frequent fuel price hike
Oil marketing companies kept the retail price of petrol and diesel unchanged on Friday to analyse the global oil price…
First time ever Petrol crosses Rs 95 a litre in Delhi
Oil & Gas
June 7, 2021
First time ever Petrol crosses Rs 95 a litre in Delhi
Petrol price on Sunday crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for…
Crude Oil increases towards $72 on demand prospects
Oil & Gas
June 5, 2021
Crude Oil increases towards $72 on demand prospects
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering…
Brent crude above $71/bbl amid tightening market
Oil & Gas
June 3, 2021
Brent crude above $71/bbl amid tightening market
Crude oil prices surged on Wednesday with the Brent crude trading above the $71 per barrel after OPEC projected demand…
Africa’s share in India’s oil imports at 7-month high
Oil & Gas
June 1, 2021
Africa’s share in India’s oil imports at 7-month high
Africa's share in India's oil imports surged to a seven-month high in April as refiners boosted purchases from small regional…
Indian refiners set to make room for Iranian oil
Oil & Gas
May 19, 2021
Indian refiners set to make room for Iranian oil
Indian refiners, anticipating a lifting of US sanctions, plan to make space for the resumption of Iranian imports by reducing…
Indian Oil buys its first Johan Sverdrup crude cargoes
Oil & Gas
April 6, 2021
Indian Oil buys its first Johan Sverdrup crude cargoes
Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a…
Oil jumps 4% on fears Suez Canal blockage may last weeks
Oil & Gas
March 27, 2021
Oil jumps 4% on fears Suez Canal blockage may last weeks
Oil prices rose more than 4% on Friday on worries global supplies of crude and refined products could be disrupted…
Oil prices hit 13-month highs on tighter supplies
Oil & Gas
February 25, 2021
Oil prices hit 13-month highs on tighter supplies
Oil prices rose for a fourth straight session to the highest levels in more than 13 months, underpinned by monetary…
Pradhan gives two main reasons behind rising fuel prices
Oil & Gas
February 22, 2021
Pradhan gives two main reasons behind rising fuel prices
Union Petroleum and Natural Gas Minister Dharmendra Pradhan said that reduced fuel production and oil-rich nations seeking more profits are…