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Topics: Oil and Gas Business

Business

Saudi Arabia may shave light crude prices to Aisa in February

Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on signs of...
Business

Iran OPEC envoy: "Tehran would back majority decision to cut oil output"

Iran would support a majority decision by members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, the country's OPEC...
Inside

Mohammad Barkindo says, “OPEC and its allies are committed to maintain oil market stability beyond 2020”

The Organization of the Petroleum Exporting Countries and its allies are committed to maintaining oil market stability beyond 2020, with physical supplies relatively tight...
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Business

Dharmendra Pradhan: India to see $118 billion investment in Oil and Gas sector in the next five years

India will see a massive investment of USD 118 billion in oil and gas exploration as well as in setting up of natural gas...
Business

Exxon Mobil, Royal Dutch Shell among groups to build five LNG terminals in Pakistan

Pakistan has approved the construction of five liquefied natural gas (LNG) terminals by groups that include Exxon Mobil Corp and Royal Dutch Shell, aiming...
Business

Crude oil futures up by 0.93 percent on positive overseas market signs

Crude oil prices rose by Rs 41 to Rs 4,430 per barrel in futures market Friday as speculators created fresh positions, taking positive cues...
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Crude oil futures surges 0.37 percent to Rs 4,297 per barrel

Crude oil futures rose by 0.37 percent to Rs 4,297 per barrel on April 4 after participants widened their bets tracking a firm domestic...
Business

Oil jumps Five months high on firmer China data, prospect of fresh supply crubs

Oil prices climbed to nearly five-month highs on Tuesday, supported by firm Chinese economic data that eased demand concerns, the possibility of more sanctions...
Business

Crude oil futures fall on global leads by Rs 3 per barrel

Crude oil futures drifted lower by Rs 3 to Rs 4,099 per barrel on Wednesday as speculators reduced their exposure amid a weak trend...
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Business

Azeri Energy Ministry says Keeping Russia and China as main exporter Venezuela has suspended oil export to India

Venezuela has suspended its oil exports to India and views Russia and China as its main export destinations, the Azeri energy ministry said on...
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