Monday, May 20, 2024 | Last Update : 08:10 AM IST

oil output

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

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

Do not blame OPEC, oil producer group says of Trump criticism

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, non-OPEC discuss around 1 mn bpd oil output rise: sources

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

ONGC plans to raise oil output by 4 million tonne by 2020

India spend almost USD 1 trillion on crude imports from financial year 2005-06 to 2015-16.

22 Oct 2017 11:22 AM

Oil drilling rigs import exempt from GST to boost local output

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 reports 10 per cent rise in oil throughput

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

Global oil supplies up, but OPEC abides by output cut: IEA

In November last year, OPEC countries had agreed to cut output by 1.2 bpd from January 1.

15 Mar 2017 3:44 PM

OPEC 'confident' countries to meet oil output cuts

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