India imports around 10% of its crude oil requirement from Iran.
Read More »Kazakhstan Expects Fair Redistribution of Quotas between OPEC+ Countries
Oil production at Kazakhstan'.s Kashagan field will not be increased in 2018 to 370.000 barrels per day.
Read More »US Oil Rig Count Down but Prices Jump on OPEC News
The loss of a single oil rig did not have much impact on the oil market today.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »OPEC Meet in Vienna Today
The 14-nation OPEC cartel and its 10 non-member partner nations. known as OPEC+. together account for more than 50 percent of the world'.s oil supply.
Read More »India to Ask for Fair Fuel Price in OPEC Meeting
Pradhan said India will raise the issue of the recent fuel price hike at the OPEC meeting.
Read More »Russia and Saudi Arabia will Ask OPEC output Rise of 1.5 Million bpd
An oil production shortfall in Iran and Venezuela has changed the scenario for the two countries and members of the oil cartel.
Read More »U.S. Oil Pipeline Companies. Producers Seek Relief from Steel Tariffs
There’s lots of concern that the increased cost in pipe will increase the costs for oil.
Read More »Asian Markets in Negative Territory
In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
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