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...

India cuts windfall tax on crude oil

Jul 20, 2022

New Delhi [India], July 20 : The central government on Wednesday cut the windfall tax on crude oil to Rs 17,000 per tonne from...

India's Sept oil demand remains robust, 2022 consumption on track: S&P Global Commodity Insights

Oct 13, 2022

New Delhi [India], October 13 : India's September oil product demand was flat month on month but up on the year by 334,000 b/d...

Despite OPEC+ supply cut, global oil market will be in surplus during 2025: Report

Dec 17, 2024

This surplus, though modest, is expected to exert downward pressure on oil prices, with Brent crude likely to average around USD 71 per barrel...

'The Stories of Palm Oil' a 5-part documentary series launched

Aug 08, 2024

New Delhi [India], August 8: 'The Stories of Palm Oil', a five-part documentary series sheds light on the social, economic, industrial and environmental impact...

If Middle east tension escalates, India's inflation, growth and BoP may see negative impact: Experts

Apr 16, 2024

With approximately 20 million barrels per day of crude oil and condensate passing through the Strait of Hormuz, equivalent to about a fifth of...