Iraq exports over 100 million barrels of crude oil in April

May 01, 2022

Baghdad [Iraq], May 1 (ANI/Xinhua): Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of 10.55 billion US dollars,...

Libyan daily oil production tops 1 million barrels

Nov 08, 2020

Tripoli [Libya], November 8 (ANI/Xinhua): The state-owned National Oil Corporation (NOC) of the UN-backed Libyan government said Saturday that the country's daily oil production...

Venezuela agrees to supply oil to India in lieu of pending dividend, says Petroleum Secy

Jan 03, 2024

Venezuela, a historical player in the global oil industry, has been producing oil since 1914. With proven oil reserves of 299,953,000,000 barrels, as of...

Biden announces release of 15 million barrels of oil from strategic reserve

Oct 19, 2022

Washington [US], October 20 : US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic...

Russia to carry on voluntary oil export cuts by 300,000 barrels a day until yearend

Nov 06, 2023

Russia will continue additional voluntary oil export cuts by 300,000 barrels a day until 2023 end, reported Russian news agency TASS.

India is clear about its policy regarding oil purchases, will buy oil from wherever it has to: Hardeep Singh Puri

Oct 08, 2022

Washington [US], October 8 : India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing...