Palm oil stockpiles in Nepal have swelled to 70,000 tonnes, overwhelming local demand needs, said Sarda
22 Jul 2020 11:42 AM
Oil investors are concerned travel advisories, other restrictions and any sizable impact on growth.
28 Jan 2020 11:41 AM
India’s oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017.
10 Jan 2020 11:38 AM
India’s November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).
25 Dec 2019 10:55 AM
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
03 Oct 2019 10:54 AM
Aramco has lost half of its production capacity after attacks on its facilities on Saturday.
16 Sep 2019 8:47 AM
Iran’s oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.
11 Sep 2019 10:37 AM
India, which has galloping energy needs, went out of its way to co-operate with the United States.
01 Aug 2019 10:27 AM
India’s oil import bill rose by nearly one-third in the fiscal year ending Mar 31 to USD 140.5 bn, against USD 108 bn.
27 Apr 2019 11:26 AM
India is likely to press with the US government for continuation of beyond its expiry on May 2.
23 Apr 2019 2:16 PM
United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.
23 Apr 2019 12:12 PM
US West Texas Intermediate (WTI) crude futures were at USD 63.67 per barrel, down 9 cents, or 0.1 per cent.
18 Apr 2019 9:10 AM
US West Texas Intermediate (WTI) crude futures were at USD 63.32 per barrel, down 8 cents, or 0.13 per cent.
16 Apr 2019 10:57 AM
International benchmark Brent futures touched their strongest level since last November at USD 71.34 per barrel.
09 Apr 2019 9:34 AM
Reliance’s few transportation fuel shipments to Venezuela, treated as offsets for crude oil receipts.
23 Mar 2019 10:16 AM
Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year’s peak of USD 68.14 reached late last week.
19 Mar 2019 10:44 AM
OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were still high.
18 Mar 2019 10:25 AM
India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver.
07 Mar 2019 4:13 PM
US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.
07 Mar 2019 10:54 AM
International Brent futures were down 55 cents, or 0.8 percent, at USD 65.31 a barrel.
06 Mar 2019 10:31 AM