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India looks at non-Opec options to tame oil prices

Published on Jun 21, 2021 01:38 IST

India is witnessing a spike in auto fuel rates due to rising international oil prices.. (AP Photo/Eric Gay, File)

‘Want oil firms to synergise imports for better prices’ says Tarun Kapoor

Benchmark Brent crude, which fell to $19.33 a barrel on April 21, 2020, gradually rose to over $50 per barrel in early 2021

Published on Jun 19, 2021 24:29 IST

India looks to counter OPEC+ with new links

India imports more than 80% crude it processes and in 2019-20 it imported 227 million tonnes of crude oil worth over $101 billion.

Published on Apr 5, 2021 21:25 IST

Brent crude floats near $70 on demand recovery anticipation

Investors are expecting China to release positive economic data on Monday, supporting forecasts of stronger growth at the world's second largest oil consumer.

Published on Mar 15, 2021 01:42 IST

Yamani, the Saudi oil minister who brought the West to its knees

Known for his elegant manner and trademark goatee beard, Yamani's 24-year tenure running the oil affairs of the world's biggest crude producer made him a global celebrity during the inflationary "oil shocks" of the 1970s.

Published on Feb 23, 2021 09:12 IST

Iran starts ramping up oil production to pre-sanctions levels

The oil market will be able to accommodate Iran’s maximum oil output of around 3.9 million to 4 million barrels a day.

Published on Jan 22, 2021 11:17 IST

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