International

ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.

China last month imposed retaliatory tariffs on an additional $60 billion worth of US imports.

Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.

Saudi Arabia is India’s second largest oil supplier after Iraq.

Crude has retreated more than 5 percent after reaching a four-year high earlier this month.

Saudi Arabia is the world'.s largest oil exporter.

India has expressed ``discomfort`` with the high oil prices.

China is not the only country that is opposed to reinstating sanctions on Iran.

India wants to keep importing oil from Iran. because Tehran offers some discounts and incentives for Indian buyers.

The BOC-operated fields will add 700.000 bpd to overall production by 2024.