Mon, Jun 05, 2023
The global crude oil market is buzzing as Saudi Arabia announces a significant output cut of 10 lakh barrels per day (BPD), leading to a surge in oil prices. In addition, OPEC+ extends supply limits, ensuring that a total of 36.6 lakh BPD remains under control.
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Tue, Sep 06, 2022
What happened in OPEC+ meeting yesterday? What is OPEC+'s strategy behind reducing production? What will happen next in crude oil due to production cut? Know from Anil Singhvi.
Mon, Jul 18, 2022
What is happening in commodities and crude oil? What happened during Joe Biden's visit to Saudi Arabia? How much fall in crude oil will provide relief?️ What are good signs for the market? Know from Anil Singhvi.
Tue, Nov 23, 2021
India's crude oil production fell 2.15 per cent in October as state-owned firms produced less but, natural gas output rose by a quarter on the back of output from KG-D6 fields of Reliance-BP, government data released on Tuesday showed.
Mon, Dec 24, 2018
To ease supply worries, the Organization of Petroleum Exporting Countries (OPEC) and its allies including Russia agreed earlier this month to cut oil production by 1.2 million barrels per day ( bpd ).
Thu, Oct 05, 2017
The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week.
Fri, Jun 30, 2017
The infrastructure output grew a revised 2.8 percent year-on-year in April.
Wed, May 31, 2017
This segment shows expert speaking on Crude Oil. Stocks of Crude Oil is decreasing. Libya has increased Crude oil production.
Mon, Oct 31, 2016
Oil prices extended declines on Monday after non-OPEC producers made no specific commitment to join OPEC in limiting oil output levels to prop up prices, suggesting they wanted the oil producing group to solve its differences first.
Thu, Sep 29, 2016
Russia is aiming to keep its oil production at near-record levels despite OPEC's decision to modestly reduce its output, Russian Energy Minister Alexander Novak said on Thursday.
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