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Oil markets going through 'great fluctuations': OPEC secretary general
OPEC secretary general Haitham Al Ghais said the goal of the OPEC and producers outside the organisation is to maintain market stability.
Published on Oct 16, 2022 05:51 PM IST
Reuters |
US says Saudi forced OPEC nations into oil cut amid escalating war of words
The 13-member Organization of the Petroleum Exporting Countries and its allies, which include Russia, lowered their production target by 2 million barrels per day last week.
Published on Oct 14, 2022 02:15 PM IST
Reuters | | Posted by Nisha Anand
India asks OPEC to restore oil supply to calm inflation
In a consultation meeting with Mohammed Sanusi Barkindo, OPEC secretary general, Union minister Dharmendra Pradhan flagged concerns over the increasing crude oil prices and its impact on consumers.
Updated on Jun 25, 2021 06:09 AM IST
Rajeev Jayaswal, Hindustan Times, New Delhi
India looks at non-Opec options to tame oil prices
India is the world’s third largest crude oil importer after the US and China. Hence oil producers cannot ignore India for long without losing their market share to other competing countries, the officials said
Published on Jun 21, 2021 07:08 AM IST
Rajeev Jayaswal, New Delhi
‘Want oil firms to synergise imports for better prices’ says Tarun Kapoor
Tarun Kapoor said the oil producers’ cartel has been artificially raising international oil prices by resorting to output cuts
Published on Jun 19, 2021 05:59 AM IST
Rajeev Jayaswal, New Delhi
