Russia at record high, Saudi lowest in 10-month, ET EnergyWorld

NEW DELHI: India’s oil imports from Russia rose to a record of about 2.1 million barrels…

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Big Oil given stark warning as a major supply surplus expected by 2030

Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company…

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Nvidia’s new chip, GameStop soars

Traders work on the floor of the New York Stock Exchange during morning trading on Feb.…

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What is OPEC+ and how does it affect oil prices?, ET EnergyWorld

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as…

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Bear market for diesel spells fresh troubles for oil, ET EnergyWorld

LONDON/SINGAPORE/NEW YORK: Profit margins for diesel are slumping as new refineries boost supplies and as mild…

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Hardeep Puri holds talks with OPEC Secy-General; discusses volatility in global oil markets, ET EnergyWorld

Union Minister Hardeep Singh Puri Union Minister Hardeep Singh Puri held a telephonic conversation with OPEC…

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Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now, ET EnergyWorld

There are growing fears of yet another conflict in the Middle East. OPEC+ is keeping a…

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Oil at $100? Will oil prices hit a century this summer as a global shortage takes hold?, ET EnergyWorld

When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran…

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Indian Oil awaits sanctions relief extension to resume Venezuelan oil buy, ET EnergyWorld

NEW DELHI: India’s top refiner Indian Oil Corp will consider resumption of Venezuelan oil purchases if…

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Russia orders companies to cut oil output to meet OPEC+ target, ET EnergyWorld

MOSCOW: Russia‘s government has ordered companies to reduce oil output in the second quarter to ensure…

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