Latest News on Oil Producers
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Oil Producers - Total results - 7
Jul 03, 2019
Sensex, Nifty start on a volatile note; investors turn jittery on weak domestic, global cues amid foreign fund outflowTop gainers in the Sensex pack in early trade included Yes Bank, IndusInd Bank, Asian Paints, M&M, Axis Bank, NTPC and PowerGrid, rising up to 2.23 percent.
Dec 07, 2018
Prime Minister Narendra Modi's views taken seriously while deciding oil prices, says Saudi oil ministerPrime Minister Narendra Modi, it has been very strongly making a case for oil producers' cartel OPEC to price crude at reasonable and responsible rates.
Nov 23, 2018
Oil prices hit year low at $60.29; OPEC considers output cut after 6 December meet to stem rising global surplusOil prices fell to their lowest in a year on Friday, on course for their biggest one-month decline since late 2014, even as oil producers consider cutting output to stem a rising global surplus.
Jul 13, 2018
US firmly on course to become world's top oil producer next year; noses ahead of Saudi Arabia for first time in 4 decadesThe U.S. has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world's biggest oil producer for the first time in more than four decades. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day.
Jun 13, 2018
India discusses 'oil buyers club' with China; seeks US crude to counter OPECWith oil producers' cartel OPEC playing havoc with prices, India discussed with China the possibility of forming an 'oil buyers club' that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block
Jan 21, 2018
Saudi Arabia seeks extending cooperation between OPEC and non-OPEC oil producers to shore up crude pricesSaudi Arabia's Energy Minister Khaled al-Faleh on Sunday called for extending cooperation between OPEC and non-OPEC oil producers beyond 2018 after a deal to shore up crude prices.
Oct 30, 2011
OPEC head Iran says, no urgent need for increased oil outputIran along with African countries and Venezuela, blocked a Saudi-led proposal to increase output targets at OPEC's last meeting, but Saudi Arabia, Kuwait and the UAE boosted output unilaterally afterwards -- a move Tehran criticised.