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Total 1115 results found. Search for [ OPEC ]

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BusinessToday.In
May 4, 2021
In Delhi, petrol prices were hiked by 15 paise per litre from Rs 90.40 per litre to Rs 90.55 per litre and diesel rates have been raised by 18 paise from Rs 80.73 a litre to Rs 80.91 per litre


Reuters
May 3, 2021
Total crude imports by the world's third-biggest oil importer fell to 3.97 million barrels per day (bpd) in the 2021 fiscal year to March 31, down 11.8% from a year earlier


Reuters
April 21, 2021
India is a major crude oil consumer. So rising virus cases and thereby restrictions to limit the spread will dampen the demand outlook, said Ravindra Rao, vice president for commodities at Kotak Securities


Manu Kaushik
April 13, 2021
The rollout of vaccines in January did bring back the confidence of travellers in India, but the optimism was short-lived as the second wave swept across the globe at a faster pace


Reuters
April 9, 2021
Brent crude futures for June edged down 2 cents to $63.18 a barrel by 0450 GMT, while U.S. West Texas Intermediate (WTI) crude for May was at $59.70 a barrel, up 10 cents, or 0.2%


Reuters
April 8, 2021
The blaze started on Wednesday afternoon, according to media reports, and Mexico's safety, energy and environment regulator ASEA said it was monitoring the situation


BusinessToday.In
New Delhi, April 6, 2021
Backed by vaccinations and the experience from controlling the first wave of coronavirus pandemic, the Indian economy is well prepared to handle any downside risks posed by the second wave of COVID-19 cases, said FM Nirmala Sitharaman; Indian state refiners will buy 36% less oil from Saudi Arabia in May than normal, three sources said, in a sign of escalating tensions with Riyadh even after the Kingdom supported the idea of boosting output from OPEC and allied producers last week; Indian social commerce platform Meesho has entered the unicorn club after raising $300 million in the latest round of funding. Watch this and more on News Blast.Also Read: Covishield 90% effective if doses given after gap of 2-3 months: Adar Poonawalla


Anand Adhikari
April 6, 2021
The RBI had said two months ago that urban demand and demand for contact-intensive services are expected to strengthen with the substantial fall in COVID-19 cases but things have changed since then. Here's what the central bank will have to factor in while announcing GDP and inflation projections


Rashi Bisaria
New Delhi, April 6, 2021
COVID-19 vaccination: Uddhav Thackeray asks PM Modi to reduce eligible age to 25 yrsMaharashtra Chief Minister Uddhav Thackeray has written a letter to Prime Minister Narendra Modi asking to reduce the age for getting COVID-19 vaccination to 25 years. Saying that the second wave of the coronavirus is much stronger than the first wave in the state, Thackeray said Maharashtra is taking up vaccination at a rapid pace and is the number 1 state in the country in terms of COVID-19 vaccine doses adm...


Reuters
April 6, 2021
The refiners - Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd - normally buy 14.8 million barrels of Saudi oil in a month


Reuters
April 5, 2021
IOC will take delivery of 2 million barrels each of the North Sea crude in May and June


Rashi Bisaria
New Delhi, April 3, 2021
COVID-19 surge: Cannot rule out possibility of lockdown, says Uddhav Thackeray Maharashtra Chief Minister Uddhav Thackeray on Friday said he cannot rule out the possibility of a fresh lockdown if COVID-19 cases continue to rise in the state. While a lockdown is fatal, the state is caught in a peculiar situation where it has to look after the economy as well as save lives of people, he said. India strongly pitches for cuts in crude oil productionIndia on Friday strongly pitched for easing...


PTI
April 3, 2021
Spokesperson in the Ministry of External Affairs Arindam Bagchi also said that crude supply should be market determined rather than artificially managed


Anand Adhikari
April 2, 2021
The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22


Reuters
April 2, 2021
When the Organisation of Oil Exporting Countries and Major Producers (OPEC+) extended the production cuts into April, India unsheathed that weapon


Reuters
April 2, 2021
The group, which has been implementing deep cuts since oil prices collapsed in 2020 due to the coronavirus crisis, agreed to ease production cuts by 350,000 barrels per day (bpd) in May, another 350,000 bpd in June and further 400,000 bpd or so in July


Reuters
April 1, 2021
The Organization of the Petroleum Exporting Countries (OPEC) and allied producers, a grouping known as OPEC+, are cutting output by a little more than 7 million barrels per day (bpd) to support prices and reduce oversupply


BusinessToday.In
March 31, 2021
The price cut comes on the back of softened crude oil and petroleum prices during the second fortnight of March on account of recent surge in COVID-19 cases and vaccine uncertainty


Reuters
March 30, 2021
With oil prices making steady gains earlier this year, OPEC and allies, known as OPEC+, had hoped to ease output cuts


BusinessToday.In
March 30, 2021
Stock Market News Update Today: NTPC, HDFC Bank, HCL Tech, Infosys, Titan Company, Hindustan Unilever Ltd (HUL), Nestle India, ONGC, Dr Reddy's Laboratories, IndusInd Bank, Power Grid Corporation of India were among top Sensex gainers


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