Biden to "reevaluate" ties with Saudi Arabia after OPEC cut oil production

Oct 12, 2022

Washington [US], October 12 : After cut in oil production quotas by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, the...

UAE to voluntarily cut oil output by 144,000 bpd from May through year-end: Energy Minister

Apr 03, 2023

"This voluntary initiative is a precautionary measure taken to ensure market balance and comes in alignment with the production cut agreed upon during the...

White House says OPEC+ 'aligning' with Russia as member countries announce biggest cut to oil production

Oct 05, 2022

Washington [US], October 6 : The White House on Wednesday (local time) expressed disappointment over the announcement of a cut in oil production quotas...

Confident India will be able to navigate through OPEC+ production cut situation: Hardeep Puri

Oct 07, 2022

Washington [US], October 8 : Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday (local time) said that India will navigate...

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...

Biden to release 15 million barrels from oil reserve, more possible

Oct 19, 2022

Washington [US], October 19 : President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on...