World oil demand in 2022 will grow by 4 million bpd: Russian Deputy PM

Dec 29, 2021

Moscow [Russia], December 29 (ANI/Sputnik): World oil consumption is expected to grow by 4.5-5 million barrels per day (bpd) in 2021, and in 2022...

For sunflower oil refiners, volume to dip by 8-10 pc but operating margin likely to recover in FY25

May 05, 2024

Indian refined sunflower oil volumes are projected to witness a decline of 8-10 per cent in FY25 amid decline in demand of sunflower oil.

OPEC+ extends major oil production cuts until 2025 to stabilise market

Jun 03, 2024

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group aims to support oil prices by managing...

"India's ascent to USD 4 trillion economy fueled by robust growth": Hardeep Puri at World Economic Forum

Jan 16, 2024

India, the world's third-biggest oil importer and consumer, is dependent on crude oil from various sources in the global market to meet its domestic...

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...

OPEC lowers global economic, oil demand forecasts

May 12, 2022

Vienna [Austria], May 12 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised its forecasts for this year's global economic growth...