OPEC

New Delhi: Raising concerns over increasing oil prices and its eventual impact on consumers, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Thursday urged OPEC to phase out oil production cuts implemented by the cartel…

New Delhi: Crude oil prices continued to rise on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, are likely to meet in days ahead to review the output cut decision. There are…

New Delhi: International crude oil prices surged on Monday after the Organization of the Petroleum Exporting Countries (OPEC)and its allies including Russia agreed on a nearly 10 per cent cut in oil production. In the 10th extraordinary…

Riyadh: Opec producers and allies have agreed a record oil deal that will slash global output by about 10 percent after a slump in demand caused by coronavirus lockdowns. The deal, agreed on Sunday via video conference, is the largest…

New Delhi: Crude oil prices declined on Monday as OPEC and other major oil producers including Russia delayed their meeting to discuss on output cuts. Brent crude fell near to $30 per barrel during early trade on Monday. Currently, it is…

New Delhi :  A day after oil markets witnessed a bloodbath, crude oil prices rose around 11 per cent on Tuesday as Russia indicated that talks with the Organisation of the Petroleum Exporting Countries (OPEC) may continue. Russia's…

Vienna: The members of Organization of the Petroleum Exporting Countries and other oil-producing countries are scheduled to meet here on Thursday to discuss ways to manage the oil output, supply glut and demand slowdown. The meeting will…