Articles tagged by the tag "Opec"
Motorists brace for fuel price increase as Brent rallies upward of $130

By Shahkar Abidi calendar09 Mar 2022

There has been no price change in retail fuel prices for the last 100 days.

Crude prices to stabilise as oil majors confirm biggest-ever output cuts

By Shahkar Abidi calendar13 Apr 2020

Twenty-three of 24 OPEC+ members have agreed to a proposal to cut output by 10m b/d in May-June 2020

Crude oil price crashes by 30%, big relief for Indian motorists likely  

By Shahkar Abidi calendar09 Mar 2020

Following the slump in global demand due to Coronavirus and slowing economies worldwide, global crude prices see their...

Crude oil price spike worrying but it’s been higher in the past

By Shahkar Abidi calendar17 Sep 2019

Global crude oil prices rose by 19.5 percent following the recent drone attacks on Aramco refineries in Saudi Arabia. ...

OPEC seeks new members to strengthen its dominance

By Autocar Pro News Desk calendar10 Oct 2017

Asks crude-producing non-members to become a part of OPEC to curtail global supply and enable stability in the market....

First American crude oil shipment to reach India by end-September

autherAutocar Pro News Desk calendar17 Aug 2017

The first lot of two million barrels of American crude oil left the US between August 6-14 and are likely to reach Par...

Global oil prices hit a seven-month low

By Nilesh Wadhwa calendar21 Jun 2017

At US$45.62 a barrel, crude oil has hit its lowest since November 2016 due to over supply by oil producers.

India asks OPEC to stop charging premium prices for Asian markets

By Autocar Pro News Desk calendar23 May 2017

Due to the sharp increase in domestic demand, India is increasing crude oil imports and also its refining capacity.