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Saudi Arabia extends voluntary oil production cut until end of 2023

Saudi Arabia extends voluntary oil production cut until end of 2023

The decision keeps production at around 9 million barrels per day

7 Nov 2023 6:57 AM GMT

Gulf nations and Russia to cut oil production, aimed at stability of...

2 April 2023 5:31 PM GMT

US Democrats impose new ultimatum to Saudi Arabia over oil production

US Democrats impose new ultimatum to Saudi Arabia over oil production

The threat came as Joe Biden reaffirmed his promise to act in response to Riyadh's decision to reduce oil output by 2...

13 Oct 2022 11:44 AM GMT

Refineries to increase oil import; global prices may soar

Refineries to increase oil import; global prices may soar

New Delhi: Indian oil refineries are increasing oil imports, aiming to meet annual production targets. The move might...

9 Feb 2022 11:09 AM GMT

Japan to release excess oil reserves to shore up crude prices

Japan to release excess oil reserves to shore up crude prices

For the first time in its history, Japan has elected to release excess oil reserves from its stock in order to join...

24 Nov 2021 10:55 AM GMT

Unions oppose move to privatise state oil fields

Unions oppose move to privatise state oil fields

The Association of Scientific and Technical Officers of the Oil and Natural Gas Corporation of India has moved against a...

21 Nov 2021 11:02 AM GMT

Oil production to increase by 4 Lakh barrels per day: OPEC

Oil production to increase by 4 Lakh barrels per day: OPEC

New Delhi: Organization of the Petroleum Exporting Countries (OPEC) has decided to increase crude oil production per a...

21 July 2021 6:48 AM GMT