Browsing: oil

OPEC stated in its monthly report on Thursday that it expected oil demand to increase by 3.2%, or 3.1 million…

As part of its effort to put pressure on Tehran over its nuclear program, the U.S. placed sanctions on a…

EU eases sanctions on Russian oil export so that Rosneft and Gazprom, which are owned by the Russian government, can…

Declining global demand and Libyan oil production, caused oil prices to plummet. Additionally, Russia’s announcement to return gas to Europe eased supply…

Russia and its allies, including Iran, are at the receiving ends of European sanctions. However, they are not stopping them…

Adani Wilmar reduced its edible oil prices upto ₹30 per litre. The new prices are the result of the global price reduction for oils. The revised prices and new rates will reach the market soon.

If the economy worsens, petroleum could fall to $65 per barrel. WTI futures experienced their biggest decline in almost three…

Russia has overtaken Saudi Arabia as China’s top oil supplier, as Western demand for it has declined. As per statistics…

Adani Wilmar slashed the prices of its edible oils by Rs. 10 in the wake of the central government’s decision…

G7 Energy Ministers have asked OPEC members to boost oil supply to deal with the high oil prices on Friday…