हिंदी में पढ़ें

OPEC

China's soft crude oil imports show impact of high prices: Report

China's soft crude oil imports show impact of high prices: Report

Thu, Dec 07, 2023

China was supposed to be the driving force behind global oil demand growth this year.

OPEC+ agrees to deepen voluntary oil output cuts

OPEC+ agrees to deepen voluntary oil output cuts

Fri, Dec 01, 2023

OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.

Oil prices tick higher on OPEC demand optimism

Oil prices tick higher on OPEC demand optimism

Fri, Aug 11, 2023

Oil prices edged higher on Friday on optimism from the OPEC producer group that oil demand will be robust in 2024 as it also nudged up its expectations for global economic growth.

TRENDING NOW

Oil prices pare earlier gains as OPEC+ works on output cut deal

Oil prices pare earlier gains as OPEC+ works on output cut deal

Fri, Apr 10, 2020

NEOil prices were up almost 2% on Thursday, pulling back from an earlier surge as OPEC and other crude producers work on a deal to drastically cut output in response to a collapse in global demand from the coronavirus

Oil futures pare gains after U.S. inventories surge most on record

Oil futures pare gains after U.S. inventories surge most on record

Thu, Apr 09, 2020

Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts

Russia and Saudi ''very close'' to oil deal, Moscow signals big cuts

Russia and Saudi ''very close'' to oil deal, Moscow signals big cuts

Tue, Apr 07, 2020

Saudi Arabia and Russia are close to a deal on oil output cuts to reduce a global glut, a top Russian negotiator said on Monday, while sources in Moscow said it was ready for significant cuts, ahead of talks planned for this week

Trump threatens tariffs on oil imports to ''protect'' U.S. energy workers

Trump threatens tariffs on oil imports to ''protect'' U.S. energy workers

Mon, Apr 06, 2020

U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect" U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share

Saudi Arabia to hike oil output above 10 million bpd in April after OPEC+ deal collapse

Saudi Arabia to hike oil output above 10 million bpd in April after OPEC+ deal collapse

Mon, Mar 09, 2020

Saudi Arabia, the world`s top oil exporter, plans to raise its crude oil production significantly above 10 million barrels per day (bpd) in April, after the collapse of OPEC`s supply cut agreement with Russia, two sources told Reuters on Sunday

Oil Price: OPEC, Russia moving closer to big oil cut as coronavirus hits demand

Oil Price: OPEC, Russia moving closer to big oil cut as coronavirus hits demand

Wed, Mar 04, 2020

Oil Price: A panel of OPEC and its allies recommended cutting oil output by an extra 1 million barrels per day (bpd) on Tuesday.

Oil prices jump 4% after reports of coronavirus drug breakthrough

Oil prices jump 4% after reports of coronavirus drug breakthrough

Thu, Feb 06, 2020

Oil prices jumped about 4% on Wednesday on media reports that scientists had found a drug breakthrough for the fast-spreading coronavirus, an outbreak that continues to weigh heavily on global economic activity and oil demand

Oil futures rise on talk of further OPEC+ supply curbs

Oil futures rise on talk of further OPEC+ supply curbs

Tue, Dec 03, 2019

Oil eased off session highs as Wall Street dropped after data showed U.S. factory activity contracted in November and after U.S. President Donald Trump unexpectedly announced plans to reimpose tariffs on steel and aluminium from Argentina and Brazil.

OPEC and allies may deepen oil cut deal to 1.6 million bpd - Iraq

OPEC and allies may deepen oil cut deal to 1.6 million bpd - Iraq

Mon, Dec 02, 2019

Iraq will exceed 100% commitment with the supply deal as of Sunday, Ghadhban also said, adding that an agreement capping production from the semi-autonomous Kurdistan region will also help the country`s compliance.

OPEC'S share of Indian oil imports in October hits lowest since 2011

OPEC'S share of Indian oil imports in October hits lowest since 2011

Tue, Nov 19, 2019

OPEC`S share of India`s oil imports fell to 73% in October, its lowest monthly share since at least 2011, tanker data from sources showed.

OPEC cuts 2020 global oil demand forecast, urges effort to avert new glut

OPEC cuts 2020 global oil demand forecast, urges effort to avert new glut

Wed, Sep 11, 2019

OPEC, in the report, lowered its forecast for world economic growth in 2020 to 3.1% from 3.2% and said next year`s increase in oil demand would be outpaced by "strong growth" in supply from rival producers such as the United States.

Crude oil prices slip, but supported by hopes US-China trade tensions could ease

Crude oil prices slip, but supported by hopes US-China trade tensions could ease

Tue, Aug 20, 2019

A rally in equity markets around the world from growing expectations that global economies would take action to counteract slowing growth also supported oil prices, which often follow stocks.

Oil prices rise on European stock draw despite demand slowdown forecast

Oil prices rise on European stock draw despite demand slowdown forecast

Sat, Aug 10, 2019

The IEA said global oil demand to May from January grew at its slowest since 2008, hurt by mounting signs of an economic slowdown and a ramping up of the U.S.-China trade war.

Commodity Superfast: Know about action in commodities market, 09th August, 2019

Commodity Superfast: Know about action in commodities market, 09th August, 2019

Fri, Aug 09, 2019

This segment of Zee Business brings to you top big news stories related to commodity market. Watch this video to know more.

Oil prices dip on demand worries despite OPEC cut extension till March 2020

Oil prices dip on demand worries despite OPEC cut extension till March 2020

Tue, Jul 02, 2019

OPEC is slated to meet with Russia and other producers, an alliance known as OPEC+, later on Tuesday to discuss supply cuts amid surging US output.

OPEC close to reaching an agreement on extending production cuts: UAE Energy Minister

OPEC close to reaching an agreement on extending production cuts: UAE Energy Minister

Wed, Jun 12, 2019

Members of the Organization of the Petroleum Exporting Countries are close to reaching an agreement on extending production cuts, the energy minister of the United Arab Emirates said on Tuesday.

WTI Crude: Oil prices stablise on OPEC's withholding supply hopes

WTI Crude: Oil prices stablise on OPEC's withholding supply hopes

Tue, Jun 11, 2019

Oil prices stabilised on Tuesday on expectations that producer group OPEC and its allies will keep withholding supply to prevent prices from tumbling amid a broad economic slowdown.

WTI Crude: Oil Prices rise 1 pct on ease in US-Mexico trade tariff tension

WTI Crude: Oil Prices rise 1 pct on ease in US-Mexico trade tariff tension

Fri, Jun 07, 2019

Oil prices rose around 1% on Friday to move further away from five-month lows hit earlier in the week, buoyed by a report that Washington could postpone trade tariffs on Mexico.

Oil prices fall amid economic slowdown, despite ongoing OPEC supply cuts

Oil prices fall amid economic slowdown, despite ongoing OPEC supply cuts

Tue, Jun 04, 2019

Oil prices fell on Tuesday amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended.

Brent oil rises above $70 as OPEC cuts, US sanctions outweigh trade war worries

Brent oil rises above $70 as OPEC cuts, US sanctions outweigh trade war worries

Tue, May 28, 2019

OPEC and some allies including Russia are due to meet on June 25 and 26 to discuss output policy.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x