You Searched For "organization of petroleum exporting" and got 20 results
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3 mins read
India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn
Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…
PTI
2 mins read
Indian textile exports surge by 9.59% in May despite global economic challenges
Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, …
ANI
1 min read
OPEC's secretary general Mohammad Barkindo dies aged 63
Barkindo died unexpectedly late Tuesday in his home country of Nigeria, just weeks before he was se…
George Glover
1 min read
Indians must brace for a further rise in petrol and diesel prices as crude oil scales a 2-year high
Fuel prices in India are already near record highs. West Texas Intermediate (WTI) crude als…
3 mins read
OPEC slashes 2020 and 2021 forecasts as surging coronavirus cases jeopardize oil-market demand
The group lowered its 2020 demand projection by 0.3 million barrels to 90 million barrels per day, …
Ben Winck
2 mins read
Oil demand will rebound sharply in 2021, surpassing pre-virus levels, OPEC says
While demand for OPEC-sourced oil will soar next year, world oil demand will fail to return to its …
Ben Winck
1 min read
US oil prices turn negative for the first time in history
US oil prices turned negative on Monday for the time in history.
2 mins read
Russia is cashing in on soaring oil prices right now, but it may not be able to for much longer — its exports are drying up
Russian seaborne crude shipments to Asia, where China and India are its biggest customers, have fal…
Zahra Tayeb
3 mins read
4 things Biden can do to tame COVID and inflation right now, according to former Fed economist
Biden's spending plans will do much good, but Americans need faster results on the virus and inflat…
Ben Winck
4 mins read
Solar power shows the way to clean global energy
According to Bloomberg, solar power has attracted about 50% of total global investment in clean ene…
2 mins read
Saudi Aramco, the world's largest oil exporter, has cut prices from record highs for Asia - but not for the US
China's COVID-19 lockdowns and restrictions are offsetting gains in oil prices caused by fears of R…
Huileng Tan
2 mins read
China and India now account for about 50% of Russia's seaborne oil exports, as Asian demand props up Moscow's energy revenues
While China's imports from Russia have remained constant, India's buying has ramped up, according t…
Huileng Tan
2 mins read
Norway's government halted an oil and gas worker strike that could have cut natural-gas exports by 60% and worsened Europe's energy crisis
Norway is Europe's second-largest energy supplier after Russia — which is already slowing supplies …
Huileng Tan
4 mins read
The US is set to ban Russian energy exports, as Europe mulls its options over oil and gas. Here's what that might do to the global market.
The US isn't as dependent on Russia for oil as Europe, but a ban would still require a significant …
Shalini Nagarajan
1 min read
Oil prices spike to a 2-month high
Oil prices rose over $1 per barrel on Monday on signs of demand picking up slowly as several countr…
2 mins read
Commerce Ministry will have a more focused approach to revive exports
The Commerce Ministry today brought good news for reviving SEZs as it announced its plans to focus …
5 mins read
A trifecta of global crises could snarl supply chains and increase prices
A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…
Eliza Relman
3 mins read
How Saudi Arabia could create a crisis for Russia's economy
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…
Filip De Mott
1 min read
The US isn't the only one eating into OPEC's market share — Brazil and Guyana are hitting record oil production volumes
Brazil and Guyana have emerged as crude-producing giants in 2023, and they are commanding an increa…
Phil Rosen
2 mins read
Surging oil prices could cause demand to crumble, forcing Saudi Arabia to take its 'foot off the brake' sooner than markets expect, energy exec says
"The odds are higher than the market is currently discounting that the Saudis will take their foot …