"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...

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.

India projected to drive global oil demand growth: International Energy Agency report

Feb 07, 2024

The report forecasts that India will emerge as the largest source of global oil demand growth between now and 2030, signalling a significant shift...

India to soon overtake China as largest oil demand driver: IEA chief

Jun 14, 2023

Birol made this statement during a G20 event in New Delhi, emphasizing the "rapid growth of electrification in cars and buses in China as...

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...

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...