SINGAPORE: India’s foreign secretary Vijay Gokhale said on Wednesday the country is open to importing more oilNSE 0.17 % and gas from the United States.
Global oil prices fell by about a quarter in 40 days to $65 a barrel on Wednesday, promising to reduce India’s import bill and inflation. It is also likely to cool local fuel prices that crested several peaks and rob the Opposition of a key political plank against the Narendra Modi
Fuel prices continued to witness a slump in the national capital on Thursday, with petrol and diesel now being sold at Rs 77.28 per litre and Rs 72.09
NEW DELHI: OilNSE 1.32 % markets are entering a period of renewed uncertainty and volatility, including a possible supply gap in the early 2020s, the International Energy Agency (IEA) said on Tuesday.
OPEC sees demand for its own crude falling even faster than expected in 2019 as a slowing global economy crimps demand and rival supplies
SINGAPORE- OilNSE 1.32 % markets struggled to find their footing on Wednesday after plunging by 7 per cent the previous session, with surging supply and the specter of faltering demand
DUBAI: A meeting of major oilNSE 0.98 % exporters in Abu Dhabi has “discussed a proposal for some kind of cut in (crude) supply next year”, state-run Kuwait News Agency KUNA on Monday cited a Kuwaiti oil
SINGAPORE: OilNSE 0.98 % prices fell by more than one per cent early on Tuesday after US President Donald Trump put pressure on Opec not to cut supply to prop up the market.
India Monday signed an initial pact to lease out a part of its underground strategic oil storage at Padur in Karnataka to Abu Dhabi National Oil Co (ADNOC) for storing crude oil, the second such deal with the UAE firm this year, Oil
New Delhi: India has signed an initial agreement to let Abu Dhabi National Oil Company (ADNOC) explore storing crude oil at the emergency reserve in Padur, Karnataka.