oil market | The Business Standard

Oil prices dip after OPEC+ agree to ease output cuts

OPEC+, agreed to ease production curbs by 350,000 barrels per day (bpd) in May, another 350,000 bpd in June and further 400,000 bpd or so in July

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

Power play: India wields oil 'weapon' to cut dependence on Saudi

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

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

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

Oil bears and bulls grapple as market puzzles over pandemic exit

OPEC president says oil market rebalancing

Photo: Bloomberg/ Bartek Sadowski

Oil prices rebound as US House passes huge stimulus bill

A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018.

OPEC, US oil firms expect subdued shale rebound even as crude prices rise

Big freeze in Texas is becoming a global oil market crisis

Big freeze in Texas is becoming a global oil market crisis

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo:Reuters

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

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

Oil rises on fears of heightened tensions in Middle East

A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 2, 2020. REUTERS/Issei Kato

Asian shares hit all-time highs, oil rises on Middle East tensions

Photo: Bloomberg/ Bartek Sadowski

Oil climbs to 13-month highs, as supply cuts, demand optimism support

A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 2, 2020. REUTERS/Issei Kato

Stocks, oil rise in Asia after US records