Page 5 of OPEC

MCX Crude oil October futures to trade in Rs 6400-7300/bbl range this week; OPEC+ meeting eyed

MCX Crude oil October futures to trade in the range of Rs 6,400 – 7,300 per bbl for the week,…

October 4, 2022 12:01 IST

MCX crude oil October futures shows continuation of bearish trend, go long only above Rs 7050/bbl

For the past three to four months, the oil market has been struggling to gain traction on the upside due…

October 1, 2022 11:16 IST

Oil prices ease on symbolic OPEC+ output cut by 100,000 bpd in October

U.S. West Texas Intermediate (WTI) crude futures inched up from Monday to $88.57 a barrel, and were $1.70 higher, or…

Updated: September 6, 2022 10:54 IST

MCX Crude oil September futures to trade at Rs 6800-7350/bbl this week, all eyes on OPEC+ meeting

We expect MCX Crude oil September futures to trade in the range of Rs.6,800-7,350 per bbl this week.

September 5, 2022 16:28 IST

MCX Crude oil September futures may rise to Rs 7850/ bbl this week on prospects of output cuts from OPEC+

Oil might be very volatile for the week and is expected to stay elevated, as supply concerns might outweigh recession…

August 30, 2022 09:26 IST

OPEC+ and the changing equations in the Middle East

The Saudi Crown Prince Mohammad Bin Salman in a meeting at Jeddah on July 15 mentioned that the Kingdom will…

Updated: August 30, 2022 14:19 IST

crude oil, crude prices, crude oil price, brent crude

Crude oil gains after Saudi Arabia says OPEC+ may cut production to stabilise market, arrest price slide

Oil rose toward $91 a barrel after Saudi Arabia said OPEC+ may be forced to cut production to stabilize a…

August 23, 2022 07:10 IST

OPEC sees demand for oil products in India rising 7.7%

In 2021, India’s demand for oil products was 4.77 mb/d. It may grow 4.67% in 2023 to 5.38 mb/d over…

August 18, 2022 07:59 IST

OPEC, IEA, Organization of the Petroleum Exporting Countries, OPEC forecast, crude oil, crude oil market, petroleum

OPEC, in contrast to IEA, sees lower 2022 oil demand growth

World demand growth to slow to 3.1 million bpd in 2022

Updated: August 11, 2022 19:47 IST

Oil prices fall as ahead of OPEC+ decision; Fed speakers signal bank may go on tightening monetary policy

Oil slipped before an OPEC+ meeting as traders wait to see whether the group will heed a US call to…

August 3, 2022 07:25 IST

Impact of war in Ukraine: More Russian oil than ever before is heading towards India and China

Asia overtook Europe as the largest buyer for the first time last month, and that gap is set to widen…

May 27, 2022 15:09 IST

The Brent crude international benchmark rose to nearly $140 — from $90 before the start of the war — before falling back. (File)

OPEC likely to stick to modest oil boost despite war jitters

Analysts expect the group to stay on its schedule of gradual increases to restore production cuts made during the depths…

March 31, 2022 15:31 IST

Iran ready to meet India’s energy needs, Tehran envoy tells New Delhi

Iran used to be the second largest oil supplier to India but New Delhi had to halt imports from Tehran…

March 18, 2022 15:22 IST

Another Day, another Non- NATO Ally; the Latin America- Russia- China Conundrum

The Russia – Ukraine conflict certainly takes centre stage in global politics at the moment and the in- roads that…

March 11, 2022 15:25 IST

The report indicates that the US administration was trying to connect with the two leaders of the Gulf region to urge them to loosen their oil taps and “stabilize” the markets. (Reuters file image)

Ukraine-Russia conflict spells change in the World order: Saudi Arabia, UAE keep their options open

“As the world order changes the Gulf countries would like to keep their options open and not be simply dictated…

March 10, 2022 17:57 IST

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Petrol and diesel price today February 2: Fuel rates unchanged; check price in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on February 2 were left unchanged keeping rates in…

February 2, 2022 08:38 IST

OPEC+ agrees oil supply boost after UAE wins argument with Saudi Arabia

The group, which includes OPEC countries and allies like Russia, crucially agreed new production allocations from May 2022 after Saudi…

July 18, 2021 20:03 IST

Indian refiners have begun preparatory work and can swiftly enter into contracts once the sanctions are lifted, he said.

ONGC, Indian Oil shares at 52-week highs; BSE oil & gas, energy indices hit record as crude soars past $70

Oil stocks were in focus today as Brent crude futures surged over $70 a barrel on Monday for the first…

March 8, 2021 14:06 IST

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The Big Idea: E-commerce on the move

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Saahil Goel, MD and CEO of Shiprocket, along with his co-founders Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, started the company in 2012 after realizing the lack of affordable technology, shipping, and payment options for small businesses in India. They have since raised Rs 260 crore in funding and have helped over 100,000 small businesses reach 100 million Indian online shoppers.

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