Energy

Vienna: The 23-member Opec+ alliance agreed Thursday to increase oil output amid soaring energy prices. The oil group announced it would raise production by...

New Delhi: Oil India Limited (OIL) has posted a net profit of Rs 3,887.31 crore for the year ended March 2022, which is 123.20 per cent higher when compared...

New Delhi: India's crude oil production fell by 0.95 per cent year-on-year to 2,469.67 thousand metric tonnes (TMT) in April due to lower output from fields...

Muscat: Oman oil price (July Delivery 2022) on Monday reached $109.96, comprising a rise by $1.45 from the price of last Friday, which was at $108.51.The...

New York: Americans have until recently been spared the dramatic hike in natural gas prices seen in other regions of the world. While energy bills have...

Germany agreed an energy partnership with Qatar as Chancellor Olaf Scholz met with Emir Sheikh Tamim bin Hamad al-Thani in Berlin on Friday.Germany is...

Vienna: The Organisation of the Petroleum Exporting Countries (Opec) on Thursday revised its forecasts for this year's global economic growth and oil...

New York: Oil prices rose sharply on Wednesday after the European Union (EU) unveiled a plan to phase out Russian oil, triggering concerns over tight...

New York: Oil prices reversed earlier losses to end higher on Monday as concerns over supply risks gripped the market.The West Texas Intermediate (WTI) for...

Baghdad: Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of 10.55 billion US dollars, the Iraqi oil ministry said...