Page 6 of OPEC

At $50/barrel, oil risks ‘reverse Goldilocks’ syndrome

Oil’s battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too…

June 15, 2016 13:45 IST

Russian deputy PM: outcome of OPEC meeting will not have impact on oil prices

The outcome of the Thursday’s meeting of the Organization of the Petroleum Exporting Countries in Vienna won’t have any impact…

June 3, 2016 16:55 IST

Saudis pledge not to shock oil markets as OPEC clash looms

Saudi Arabia promised on Thursday not to shock the oil markets as OPEC headed into a heated debate about production…

June 2, 2016 15:24 IST

OPEC deal on oil output ceiling seen tough due to Iran – sources

Last-minute diplomacy was under way in an attempt to have OPEC reach a compromise at its meeting on Thursday, with…

June 2, 2016 14:06 IST

OPEC meet 2016: Will oil prices convincingly break above $50 level?

Crude prices briefly topped $50 last week for the first time this year, ahead of the OPEC meet 2016.

Updated: June 2, 2016 12:53 IST

Arun jaitley, crude oil prices, oil prices, Oil imports, oil imports India, GST bill, Goods and services tax

Oil prices flat ahead of OPEC meeting

Oil prices were flat in early Asian trading today as investors awaited the outcome of an OPEC meeting later in…

June 2, 2016 09:37 IST

Iran to OPEC: no oil output pact yet

Iran said on Wednesday it would not commit to any oil-production action with fellow OPEC members when the group meets…

June 1, 2016 17:02 IST

Venezuelan oil minister says OPEC has de facto output freeze

Venezuelan energy minister Eulogio Del Pino said on Wednesday OPEC has a de facto oil output freeze as its overall…

June 1, 2016 14:01 IST

Oil prices rise on start of peak U.S. demand season

Oil prices edged up in early trading on Monday as the peak demand U.S. summer driving season officially kicks off…

May 30, 2016 07:23 IST

crude oil imports, crude oil, Dongming petrochemicals

Saudi offers more oil to Asian clients ahead of OPEC meet

Saudi’s offers of more oil come after it recently completed maintenance programmes that had reduced supplies from some fields during…

May 27, 2016 11:29 IST

OPEC, Nigeria, International Brent crude oil, Venezuela, Exxon Mobil, ANZ bank, Royal Dutch Shell, Chevron, China, Asian markets

Oil at fresh 2016 highs on hopes of supply glut easing

Oil rose to fresh 2016 highs in Asia today as a slowdown in US drilling and increase in Chinese crude…

Updated: May 16, 2016 10:44 IST

Iraq overtakes Saudi as biggest Indian crude exporter for April

Iraq overtook Saudi Arabia as the top crude exporter to India in April for the first time since December, according…

May 12, 2016 16:04 IST

Say goodbye to OPEC, Russia’s Igor Sechin says

Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive…

May 11, 2016 09:04 IST

OPEC News, OPEC Members, OPEC Stands for

OPEC dead? Rivals believe that Saudi Arabia doesn’t care about OPEC any more

As OPEC officials gathered this week to formulate a long-term strategy, few in the room expected the discussions would end…

May 6, 2016 12:33 IST

Oil rises as IEA expects biggest non-OPEC output fall in 25 years

Iran, determined to regain market share following the lifting of sanctions last January, reiterated its intention to reach output of…

April 21, 2016 13:11 IST

Oil prices tumble after Saudi-Iran tensions sink output deal

Geopolitical tensions between Saudi Arabia and Iran were blamed for the failure, which revived industry fears that major government-controlled producers…

April 18, 2016 09:51 IST

Four more years of cheap oil: OPEC

The OPEC oil cartel sees only a gradual improvement in the global crude market, with prices recovering to above USD…

December 23, 2015 23:07 IST

oil export ban, oil export ban us, us crude oil export ban, us oil export ban, ban on export of oil us, oil export ban news, oil export ban lifted, oil export ban senate

OPEC decision to keep output high pulls oil prices close to 2015 lows

Morgan Stanley said OPEC ‘believes its strategy is slowly working’.

December 8, 2015 09:56 IST

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Driving a Mercedes-Benz in Germany

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Germany has a remarkably low rate of road fatalities compared to India, despite having some roads with no speed limits. This is due to the country’s emphasis on discipline, road culture, and infrastructure, which promote safe driving. The orderly traffic, adherence to rules, and unique emergency corridor system make driving in Germany a safe experience even at high speeds.

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