The administration of US President Donald Trump also put curbs on PDVSA's main trading partners, the owners of tankers still transporting Venezuelan oil and on fuel supply to the gasoline-thirsty nation

India Stock Market Highlights Today: ONGC followed by Tata Steel, L&T, Sun Pharma, M&M, ICICI Bank and NTPC were among the top gainers in the Sensex pack

As President Trump's regime comes to an end, global trade tensions look set to de-escalate and 'de-globalisation' concerns will likely abate meaningfully

India's oil imports from Iraq fell by 43% to about 554,000 bpd, the lowest since Oct 2016

\"ISA will also facilitate the One Sun, One World and One Grid global project once India brings out a complete vision\", says Upendra Tripathy, Founding Director General, ISA

Oil prices bounced to three-month highs on Monday after the OPEC+ nations agreed to extend record output cuts of 9.7 million barrels per day into July amid signs of a quicker-than-expected economic recovery

The cull involves farm workers in protective clothing using gas on mink mothers and pups. The bodies will be sent to a disposal plant and the farms will be disinfected

Algerian Oil Minister Mohamed Arkab, the current OPEC president, warned meeting attendees that the global oil inventory would soar to 1.5 billion barrels by the mid-point of this year

Coronavirus update: The slump would lead to a drop in carbon dioxide emissions of 8%, six times larger than the biggest fall of 400 million tonnes recorded in 2009 following the global financial crisis, according to the IEA, which described its estimate as conservative

Brent crude, which fell 24% in the previous session, touched $15.98 a barrel, its lowest since June 1999. It was trading down 62 cents, or 3.2%, at $18.71.

Forecasts from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency on the outlook for oil consumption have reinforced the bearishness.

Forecasts from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency on the outlook for oil consumption have reinforced the bearishness

India is expected to post a sharp turnaround and resume its pre-COVID pre-slowdown trajectory by growing at 7.4 per cent in 2021-22, says RBI Governor

The Saudi energy minister downplayed the move in oil prices on Monday, saying anticipation of the cuts was the reason for a rally in oil prices before the meeting. Since dipping below $22 a barrel two weeks ago, Brent has rebounded by roughly 48%.

British Prime Minister Boris Johnson left hospital on Sunday and thanked staff for saving his life from COVID-19, but his government was forced to defend its response to the coronavirus outbreak as the national death toll passed 10,000; Life Insurance Corporation (LIC) has made a few key announcements for the benefit of policyholders amid the ongoing lockdown.; OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil supply by 20%. Watch this and more on News Blast.Read: Coronavirus India Live Updates: Lockdown extension! PM Modi to address nation at 10 am on April 14

Beijing exports China model of virus managementIn Serbia, one of Beijing's closest European allies, and a handful of other friendly countries, China is providing on-the-ground guidance to help battle the coronavirus. The outreach is part of a wider push by Beijing to assert global leadership in battling COVID-19 after facing criticism from Washington.  Beijing has also sent medical teams to Cambodia, Iran, Iraq, Laos, Pakistan, Venezuela and Italy.Coronavirus: What's holding ...

Group, known as OPEC+, said it had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June, after four days of talks and following pressure from US President Donald Trump to arrest the price decline

Sensex, Nifty Live News Today: All the indices in Asian counterparts turned red, with Nikkei and Kospi dropping the most after the OPEC+ decided to cut 20% global supply of oil to curb fall in price amid virus outbreak.

Domestic investors remained fragile fearing about the rising number of cases and probable extension of the lockdown. Extention of the lockdown will cause a reduction in earnings, potential supply disruptions.

Global fuel demand has plunged by around 30 million bpd, or 30% of global supplies, as steps to fight the virus have grounded planes, cut vehicle usage and curbed economic activity