You Searched For "crude oil output" and got 14 results
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1 min read
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …
Filip De Mott
2 mins read
Rupee moves upward for second straight session, rises 6 paise to 83.37 against US dollar in early trade
The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.…
PTI
2 mins read
RBI sees price of India's crude oil imports at $85 a barrel in FY25
The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…
1 min read
OPEC Plus will continue oil output cuts as prices remain unchanged
OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-…
ANI
1 min read
Winter winds are freezing Russia's crude oil shipments to China
Icy winds and freezing temperatures disrupted Russian oil flows from a key Pacific port, bringing a…
Aruni Soni
1 min read
Oil prices spike on crude inventory update and Powell's rate-cut outlook
The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…
Yuheng Zhan
1 min read
India's core sector output rises by 7.4 per cent in December
The number stood at 5.4 per cent in November, 2022. "The production of coal, electricity, ste…
ANI
1 min read
Why oil prices have plunged 3% today
Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…
Filip De Mott
4 mins read
2 of the world's biggest oil producers are looking for new ways to power their economies
The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.
Huileng Tan
2 mins read
Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much
Prince Abdulaziz bin Salman said OPEC members are ignoring their quotas.
Filip De Mott
1 min read
OPEC+ to cut oil output by 2 million bpd from November
The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+…
1 min read
Core sector output growth slows to 0.1% as 4 sectors report negative growth rate
The growth rate in the production of eight key sectors slowed down to 0.1 per cent in October again…
PTI
1 min read
US crude-oil production will slow sharply from record heights over the next year, EIA says
US production won't reach December's record level until early 2025, the Energy Information Agency s…
Filip De Mott
1 min read
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…