India, which usually imports about 80 per cent of its needs from members of the Organization of the Petroleum Exporting Countries (OPEC).
Read More
India plans to float global tenders for the first time for coal mining blocks before end-2019, sources familiar with the matter told Reuters in August, a move that could end Coal India Ltd's near-monopoly on the fuel.
Read More
Aramco cannot sell its shares directly to investors in the United States and other markets, as the IPO will be restricted to Saudis.
Read More
OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.
Read More
The ban on mining iron-ore in Goa has crossed 18 months virtually killing all the aligned businesses and impacting 70,000 households and 3 lakh livelihoods
Read More
Brent futures LCOc1 rose 39 cents, or 0.6 per cent, to $ 62.76 per barrel.
Read More
Demand is then seen increasing by 0.1 million bpd a year on average during the 2030s to reach 106 million bpd in 2040.
Read More
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
Read More
