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The Business Standard
FRIDAY, APRIL 23, 2021
FRIDAY, APRIL 23, 2021
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Oil

The International Energy Agency forecasts India's consumption to double and its oil import bill to nearly triple from 2019 levels to more than $250 billion by 2040. Representative Image: REUTERS
Global Economy

Russia sees Covid-19 impact on oil demand to last until 2023-2024 - document

The draft document, outlining oil industry developments until 2035, also showed that Russia could lose global oil market share due to curbs on oil production and exports

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020/ Reuters
Global Economy

Oil prices dip after OPEC+ agree to ease output cuts

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

Representational Image. Photo: Collected.
Markets

Traders seek to raise oil prices again  

The International Energy Agency forecasts India's consumption to double and its oil import bill to nearly triple from 2019 levels to more than $250 billion by 2040. Representative Image: REUTERS
Global Economy

How a Burmese immigrant profited by flipping cheap oil leases from Trump auctions

India's Oil Minister Dharmendra Pradhan speaks at a road show organised by the Directorate General of Hydrocarbon (DGH) in Mumbai, India, October 26, 2017. REUTERS/Shailesh Andrade
Global Economy

India, UAE vow to strengthen energy cooperation - minister

A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo
Global Economy

Oil bears and bulls grapple as market puzzles over pandemic exit

A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. Reuters/Sivaram V
Global Economy

India readies Saudi oil import cut as stand-off escalates

The International Energy Agency forecasts India's consumption to double and its oil import bill to nearly triple from 2019 levels to more than $250 billion by 2040. Representative Image: REUTERS
Global Economy

US overtakes Saudi Arabia to become India's second largest oil supplier

FILE PHOTO: The sun sets behind the chimneys of the Total Grandpuits oil refinery, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann
World

Oil slips for third session before US inventories EIA data

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann
Global Economy

Oil prices rise on expected economic recovery, likely drawdown in oil stocks

FILE PHOTO: FILE PHOTO: A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019. REUTERS/Essam Al-Sudani/File Photo
World

Iran slips record volume of oil into China, reaches out to Asian clients for trade resumption

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo
Global Economy

Oil soars to near 14-month high as OPEC+ extends output cuts into April

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