oil production

Iraq won't agree to new OPEC+ oil production cuts, oil minister says

Iraq has repeatedly said it is committed to voluntary cuts initially announced by OPEC+ in 2023 but ...

auto | 5 months ago

What is OPEC+ and how does it affect oil prices?

OPEC formed the so-called OPEC+ coalition with 10 of the world's leading non-OPEC oil exporters, inc...

auto | 4 months ago

What is OPEC+ and how does it affect oil prices?

OPEC formed the so-called OPEC+ coalition with 10 of the world's leading non-OPEC oil exporters, inc...

auto | 4 months ago

New govt not in favour to sell stake in OMCs, says Oil Minister Puri

However, Puri had earlier cited that for bringing the petrol and diesel under the GST, the states ha...

auto | 4 months ago

ONGC opens well in KG field to raise oil production

Gas output is expected to reach 6 mmscmd by March 2025.State-owned Oil and Natural Gas Corporation (...

auto | 1 month ago

Oil rises over 1% on tightening supplies from Libya, Iraq

The disruptions, and expectations of lower interest rates in the U.S., turned the attention away fro...

auto | 1 month ago

Oil eases on resuming US output after storm, rising rig count

The storm nearly shut in 42% of oil production in the region that accounts for about 15% of U.S. out...

auto | 1 month ago

Oil prices inch up on Fed rate cut outlook

Lower interest rates will reduce the cost of borrowing, which can boost economic activity and lift d...

auto | 1 month ago

Puri: Expect US crude oil to hit markets after country’s election

Hardeep Singh Puri The US govt is likely to put more crude oil in the international market after the...

auto | 3 weeks ago

Oil pares gains after strongest weekly rise in over a year

Oil pares gains after strongest weekly rise in over a year.Oil prices pared gains in early trade on ...

auto | 2 weeks ago

Oil edges up, but on track for biggest weekly loss in over a month

Both contracts settled higher on Thursday for the first time in five sessions after data from the EI...

auto | 4 days ago