Saudi Arabia sets maximum oil production at 13 mln barrels per day

Jul 16, 2022

Riyadh [Saudi Arabia], July 16 (ANI/Xinhua): Saudi Arabian Crown Prince Mohammed bin Salman Al Saud said on Saturday that the kingdom will increase oil...

Russia's oil exports hit 3-year-high in March, revenues up USD 1 bn: IEA

Apr 14, 2023

Russia's supplies by sea grew by 0.6 million barrels per day to 8.1 mn barrels per day, the agency said, adding that deliveries of...

World oil demand growth revised by some 0.16 mn bpd: OPEC

Nov 11, 2021

Vienna [Austria], November 11 (ANI/Sputnik): OPEC on Thursday revised the world oil demand growth forecast and lowered it by some 0.16 million barrels per...

IEA releases plan to cut oil use by 2.7 million barrels per day

Mar 18, 2022

Paris [France], March 18 : The International Energy Agency (IEA) has urged governments to urgently implement measures to cut global oil consumption within months...

1 mln barrels of Guyanese Liza crude loaded for Indian Oil Corporation

Jul 04, 2021

New Delhi [India], July 5 : In a concrete step in India-Guyana economic relations, the first one million barrels of Guyanese Liza crude for...

India welcomes IEA announcement for collective oil stock release of 120 mln barrels

Apr 07, 2022

New Delhi [India], April 7 : India on Thursday welcomed the announcement by the International Energy Agency for a collective oil stock release of...