OPEC+ countries are set to meet again in early June to discuss maintaining their supply cuts to shore up prices
26 May 2020 8:42 AM
Global oil prices LCOc1 have climbed steadily this year, helped by rising demand, and topped $80 per barrel in May.
10 Jul 2018 10:47 AM
OPEC and non-OPEC ministers meet next in Vienna on June 22-23, and the final decision will be taken there.
25 May 2018 1:49 PM
India spend almost USD 1 trillion on crude imports from financial year 2005-06 to 2015-16.
22 Oct 2017 11:22 AM
Petrol, diesel, jet fuel (ATF), natural gas and crude oil have been kept out of the GST regime.
11 Oct 2017 2:17 PM
Essar Oil has invested in a series of upgrades and modifications at the 20 million tonne Vadinar refinery to maximise margins.
07 Apr 2017 5:22 PM
In November last year, OPEC countries had agreed to cut output by 1.2 bpd from January 1.
15 Mar 2017 3:44 PM
Crude oil sold for over $100 a barrel in summer of 2014, before bottoming out below $30 a barrel in Jan 2016.
12 Jan 2017 2:25 PM