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Oil Producer News

Israel-Iran crisis: Escalating conflicts cause global oil prices to shoot up

The iCOMDEX Crude Oil index of the Multi Commodity Exchange (MCX) showed oil prices rose to <span class='webrupee'>₹</span>7,749.35 a barrel. This is a 1.32% or <span class='webrupee'>₹</span>101.11 gain.

Published 649 days ago

Despite climate goals US oil boom shows, ‘World wants for more energy, not less’

FILE PHOTO: Oil pumps are seen, as oil and gas activity dips in the Eagle Ford Shale oil field due to the coronavirus disease (COVID-19) pandemic and the drop in demand for oil globally, in Karnes County, Texas, U.S., May 18, 2020. Picture taken May 18, 2020. REUTERS/Jennifer Hiller/File Photo

Published 937 days ago

Morning brief: Saudi, Russia plan to cut oil production. Will it impact India?

People walk by an oil refinery operated by Bharat Petroleum Corp. Ltd., in Mumbai, India.

Published 1189 days ago

OPEC+ silence has oil market second-guessing next supply move

While OPEC+ is still widely expected to revive some of the 7 million barrels a day they’ve idled, a preliminary meeting of ministers earlier in the day didn’t get into specifics.

Published 1958 days ago

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