Articles about OPEC
14 Mar 2020Business
The government on Friday announced an increase in excise duty on petrol and diesel by Rs. 3 per liter, the steepest hike in eight years.
09 Mar 2020Business
Oil prices crashed by 30% on Monday after Saudi Arabia slashed prices launching a price war against Russia.
20 Jan 2019Business
Fuel prices on Sunday witnessed a sharp hike for the fourth straight day as state-run oil companies increased the rate of petrol by 23 paise a liter while diesel became costlier by 29-31 paise per liter across the four major metro cities in India.
12 Dec 2018World
Oil producers, who earlier agreed to trim production to boost prices, will meet in April to review the impact and sign a long-term pact, the UAE's Energy Minister said.
06 Dec 2018Business
The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade today, amid the strengthening of American currency and a weak opening in the domestic equity market.
28 Nov 2018Business
The rupee depreciated by 10 paise to 70.89 against USD in early trade today at the interbank foreign exchange amid strengthening of the USD against some currencies overseas.
12 Nov 2018World
Following a drop in crude prices, oil producing countries should cut output by one million barrels per day (bpd) to re-balance the market, Saudi Arabia's energy minister Khalid al-Falih told at an energy conference in Abu Dhabi today.
08 Jul 2018World
Iran today accused US President Donald Trump of destabilizing the oil market with his flurry of tweets taking aim at the OPEC cartel.
05 Jul 2018Business
Petrol and diesel prices were today hiked for the first time in more than a month on the back of rising international rates and weakening rupee.
28 May 2018Business
Energy firms plunged with oil prices in Asia today after Saudi Arabia and Russia signaled they could lift output, while indications that Donald Trump's summit with North Korean leader Kim Jong-un could be back on provided support to equity markets.
18 May 2018Business
Another day, another hike - petrol and diesel prices have now risen for the fifth consecutive day.
11 Apr 2018India
Addressing the International Energy Forum in Delhi, PM Narendra Modi on Wednesday called for reasonable and responsible pricing to provide easy access to affordable energy to all.
08 Jun 2017Business
Starting June 16, state-run oil marketing companies including Indian Oil would start daily revision of prices of petrol and diesel in the entire country, reported ANI.
07 Jun 2017World
Weighing in on the ongoing Middle East diplomatic crisis, President Trump stated that his trip to Middle East was already paying off, referring to Arab countries hardening stance against funding extremism.
12 Apr 2017Business
From May 1 petrol and diesel prices in five Indian cities will change every day to synchronize them with international rates.
13 Feb 2017Business
Uncertainties surrounding US President Donald Trump's trade policies have reinforced Indians' faith in gold being a safe asset.