NEW DELHI: India’s top four oil suppliers and key members of the OPEC+ alliance, Saudi Arabia, Russia, Iraq, and the UAE have significantly ramped up production…
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Stock markets in the United States opened with a slight decline, surrendering a portion of their gains from May, which marked their strongest performance since 2023.…
The falling oil prices, influenced by US President Donald Trump’s policies and OPEC+’s increased output quotas, have pushed crude costs to their lowest since the Covid…
NEW DELHI: Industry associations Solvent Extractors’ Association (SEA) and Indian Vegetable Oil Producers’ Association (IVPA) have welcomed the government’s decision to reduce the basic customs duty…
VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.They will produce an additional 411,000…
Global stock markets fell on Wednesday as optimism over eased trade tensions dissipated, with the Hang Seng Index among those closing lower. Oil prices surged as…
State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil…
India’s imports of Russian crude oil are set to reach nearly 1.8 million barrels per day in May, the highest in 10 months, according to ship…
India seeks to enhance its energy procurement from the US, responding to President Donald Trump’s desire to address bilateral trade disparities. (AI image) The United States…
Wall Street slipped Thursday morning as markets digested a surprise drop in US wholesale prices and oil tumbled on growing optimism over a potential nuclear agreement…