Business  /  Published 05.12.22

Oil cartel sticks with status quo

The decision comes two days after the Group of Seven nations agreed a price cap on Russian oil...
By Reuters in Dubai

Business  /  Published 29.11.22

Oil prices take a tumble

Oil was paring losses as investors looked ahead to an Opec+ meeting this weekend: Analyst...
By Reuters in London

Business  /  Published 22.10.22

Saudi Arabia's oil lessons

Opec and its allies 'are doing right job to ensure stable and sustainable oil markets', says Abdulaziz bin Salman...
By Our Special Correspondent in New Delhi

Gallery  /  Published 21.10.22

Stories that hit headlines

The day witnessed a number of developments in India and abroad. Here's everything you need to know in a nutshell...
By Sohini Paul

World  /  Published 19.10.22

US: OPEC+ decision on oil production mistake

It was misguided and it was a mistake and a short-sighted move, which is going to affect lower-income economies...
By PTI in Washington


Business  /  Published 15.10.22

India eyes more crude oil taps

Government will do all that is required to ensure energy security and affordability, says Hardeep Singh Puri...
By Our Special Correspondent in New Delhi

Business  /  Published 07.10.22

Crude spike fans inflation fears

Saudi, UAE and Kuwait are likely to take up most of the burden of cuts, says Tilak Doshi, managing director of Doshi Consulting...
By Reuters, NYTNS in Singapore, London

Business  /  Published 06.10.22

Oil cartel lowers output

The cut could spur a recovery in oil prices that have dropped to about $90 from $120 three months ago on fears of a global economic recession, rising US interest rates and a stronger dollar...
By Reuters in Vienna, London

Business  /  Published 03.06.22

Opec+ to raise output sooner

Agreement with Saudi Arabia to smoothen the way for US President Joe Biden’s ice-breaking visit to Riyadh...
By Reuters, AP in Riyadh, London, Dubai

Business  /  Published 06.05.22

Opec+ sticks to plan

Ignoring calls from Western nations to accelerate output hikes, the group agreed to raise its June production target by 432,000 barrels per day...
By Reuters in London


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