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You Searched For "oil 2022" and got 20 results


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2 mins read

Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory

The European Commission's president said the European Union could boost US liquified natural gas pu…

Huileng Tan   


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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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1 min read

Oil prices plunge most in 2 years after Israel's strike on Iran spares production facilities

Iran produced about 4 million barrels of oil per day in 2023. A strike on its crude production faci…

Matthew Fox   


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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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2 mins read

Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says

Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …

Jennifer Sor   


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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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4 mins read

A doctor who says he's reversed his age by 20 years eats these 7 foods every week to boost his longevity

Completely changing your diet can be hard, so a longevity expert and doctor added foods including o…

Serafina Kenny   


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2 mins read

China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…

Huileng Tan   


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2 mins read

Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low

The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…

Matthew Fox   


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2 mins read

India's vegetable oils import up 16% in 2022-23 oil year

India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…

PTI   


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Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says

Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…

Jennifer Sor   


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3 mins read

A millennial couple moved to Italy and bought an olive oil farm for $154,000. They have no regrets.

Jerry O'Shea and Lucie Davidson moved from the UK to Italy for a cheaper cost-of-living and better …

Ella Hopkins   


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3 mins read

India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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1 min read

Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions

Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…

Kelly Cloonan   


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2 mins read

The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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1 min read

IndianOil posts 69% drop in its standalone net profit for 2022-23

The oil marketing company has reported revenue from operations of Rs 9,34,953 crore for 2022-23 as …

ANI   


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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…

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3 mins read

A millennial who switched from working on oil rigs to wind turbines says he's been promoted faster in renewable energy

Shaun Mitchell advanced from a wind technician to a supervisor within a few years after leaving the…

Catherine Boudreau   


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2 mins read

Stock market today: S&P 500 has its best day since 2022 as stocks rally after encouraging labor market data

Indexes climbed on Thursday as investors gained more confidence in the economy after new data showe…

Kelly Cloonan