Sun, Apr 14, 2024
Biden said at his direction, to support the defence of Israel, the US military moved aircraft and ballistic missile defence destroyers to the region over the course of the past week.
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Sun, Apr 09, 2023
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier.
Sun, Mar 05, 2023
From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict in February 2022, Russia's share of India's imports rose to 1.62 million barrels per day in February, taking a 35 per cent share.
Tue, Nov 29, 2016
Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC`s plans to limit the cartel`s output ahead of a crucial meeting this week.
Mon, Nov 28, 2016
Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.
Tue, Oct 18, 2016
Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggested by many, with global inventories rising less than expected ahead of the high-demand winter heating season in the northern hemisphere.
Tue, Aug 30, 2016
Oil prices settled down more than 1 percent on Monday, snapping two consecutive days of gains, on renewed concerns about an oil glut, a stronger dollar and expectations that Nigerian rebels will stop hampering that country`s crude output.
Mon, Aug 29, 2016
Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East organisation of OPEC members and as a stronger US dollar weighed on commodities.
Thu, May 19, 2016
Under the arrangement, and subject to the approval of the IMF executive board, Iraq could have access to IMF credit amounting.
Thu, May 12, 2016
Iraq overtook Saudi Arabia as the top crude oil exporter to India in April for the first time since December, according to data compiled by Reuters, as the two biggest OPEC producers fight for market share in Asia's fastest growing oil market.
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