Latest News on Opec
Showing of 0 - 10 from 166 results
Opec - Total results - 166
Oct 17, 2018
Narendra Modi vs petrol, diesel: PM’s famed ‘luck’ at one point has turned out to be his biggest economic riddleThe economic headwinds are strong and Modi doesn’t have much in his arsenal to tackle a falling rupee and skyrocketing crude oil prices.
Oct 16, 2018
US sanctions against Iran: Govt says no issues with crude oil supplies, sentiment hurting priceAhead of the US sanctions against Iran, India on Tuesday said availability of crude oil to replace lost volumes is not an issue but the "sentiment" around losing a big oil supplier is driving prices higher.
Oct 15, 2018
Fuel price hike: PM Narendra Modi to brainstorm oil scenario with global energy company CEOs todayThe meeting, coordinated by the NITI Aayog, is likely to focus on challenges posed by volatile oil prices and the US sanctions on Iran.
Oct 10, 2018
Saudi Arabia to supply extra oil cargoes to India in November to make up for US sanctions on IranOne of the reasons for the additional demand of oil from Saudi Arabia is that the crude arbitrage from the US is shut.
Oct 09, 2018
Oil prices steady after Iranian exports fall further in run-up to reimposition of US sanctionsOil prices held little changed on Tuesday, as more evidence emerged that crude exports from Iran are declining in the run-up to the reimposition of U.S. sanctions, while a hurricane moved across the Gulf of Mexico.
Oct 04, 2018
Oil prices fall from 4-year highs as Saudi Arabia and Russia quietly agree to output rise; US stocks swellUS crude oil stocks C-STK-T-EIA rose by nearly 8 million barrels last week to about 404 million barrels, the biggest increase since March 2017, Energy Information Administration data showed on Wednesday
Oct 02, 2018
Narendra Modi says India aiming to generate 40 percent electricity from non-fossil fuels by 2030Modi said he saw the 121-country International Solar Alliance (ISA) as the future OPEC (Organization of the Petroleum Exporting Countries) for meeting energy needs of the world.
Sep 28, 2018
India to continue buying Iran's oil, says Iranian foreign minister Javad Zarif ahead of US sanctions aimed at halting Tehran's oil exportsIndia is committed to buying Iranian oil and continuing the two nations’ economic cooperation, the Iranian foreign minister said after a meeting with his Indian counterpart and ahead of US sanctions aimed at halting Tehran’s oil exports.
Sep 26, 2018
Donald Trump, Hassan Rouhani exchange threats, insults at UNGA; US vows more sanctions against IranRouhani, addressing the assembled world leaders later, sharply criticized Trump's decision to withdraw from the 2015 international nuclear deal with Iran. He said he had "no need for a photo opportunity" with Trump and suggested the US president's pull back from global institutions was a character defect.
Sep 24, 2018
Indian refiners may reduce oil imports to mitigate pain of high crude prices and declining rupeeThe decision to cut imports illustrates that rising crude prices and emerging market currency weakness may start causing oil demand to decline in a number of markets that have so far seen healthy crude consumption