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Global oil market dynamics are shifting in favour of India’s energy plans
Livemint· 5 days agoThis paradoxical ‘negative price’ arose because supply gluts in certain places (like Cushing,...
Oil hits two-month peak on lower US crude inventories; Brent above $87/bbl, WTI over 11-week high |...
Livemint· 2 days agoBrent crude futures were last up or 0.2 per cent, at $87.47 per barrel, while the US WTI crude...
Russian oil imports surge to 13-month high, Saudi volumes crash to decade-low
Indian Express· 4 days agoIndian refiners imported a total of 2.13 million barrels per day (bpd) of Russian crude oil in June,...
Q1 Results Preview: OMCs to report weak quarter on low margin; GAIL, Petronet LNG to lead oil & gas...
Livemint· 14 hours agoQ1 Results Preview: GAIL and Petronet LNG could lead the oil & gas pack in the June quarter....
Cash-rich commodities traders snapping up refineries from Big Oil
Business Standard India· 2 days agoCommodities traders flush with cash are buying oil refineries that energy majors are increasingly...
Nigeria beats three countries to host Africa Energy Bank
Offshore Technology· 19 hours agoThe state-owned Nigerian National Petroleum Company (NNPC) recently declared a state of emergency on...
Rosneft, Lukoil to slash oil shipments from Novorossiisk port on Black Sea
Offshore Technology· 21 hours agoThe government extended a waiver for a partial ban on overseas fuel sales, citing sufficient...
OPEC’s oil output remains steady but some members still pumping too much
Power Technology· 4 days agoThe committee, which has the responsibility to oversee federal spending, will examine the activities...
India’s crude oil imports from Russia at 12-month high in June
The Hindu· 4 days agoIndia's crude oil imports from Russia surged in June 2024, while imports from traditional suppliers in West Asia declined.
Brent crude oil holds above $87 a barrel
The Economic Times· 1 day agoLONDON -Oil prices for Brent crude held above $87 a barrel on Thursday, near their highest level since late April after data the previous day showed a...