Oil prices rise modestly amid supply concerns

May 02, 2022

New York [US], May 3 (ANI/Xinhua): Oil prices reversed earlier losses to end higher on Monday as concerns over supply risks gripped the market.

Oil prices jump amid growing supply concerns

Mar 22, 2022

New York [US], March 22 (ANI/Xinhua): Oil prices jumped on Monday as reports that the European Union (EU) is considering a ban on Russian...

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...

Oil price rise would hit 2024 global growth, inflation outlook: Fitch

Nov 12, 2023

Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according...

"Want to sell oil to India..." Iranian Ambassador to India Dr Iraj Elahi

Nov 04, 2022

Iranian Envoy Dr Iran Elahi says Tehran is ready to supply oil to India despite US sanctions.

Oil prices climb as traders assess supply risks

Mar 19, 2022

New York [US], March 19 (ANI/Xinhua): The West Texas Intermediate (WTI) for April delivery added 1.72 US dollars, or 1.7 per cent, to settle...