Search For "global oil market"
China sells oil reserves to lower prices in unprecedented move
Updated : 1 year, 4 months ago IST
Bejing [China], September 12 (ANI): In an unprecedented move by the Chinese authorities that show the chinks in their armour, Beijing has released crude from its strategic reserve for the first time with the aim of lowering prices.
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Situation on global oil market undoubtedly improved in recent months: Saud
Updated : 1 year, 10 months ago IST
Moscow [Russia], March 4 (ANI/Sputnik): The situation on the global oil market has undoubtedly improved in the last two months, while OPEC+ states have shown a high level of compliance with the oil production cuts, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Thursday.
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We welcome any news that brings stability to global oil markets: Canada's
Updated : 2 years, 9 months ago IST
Ottawa [Canada], April 13 (Sputnik/ANI): Canada's Natural Resources Minister Seamus O'Regan says Canada welcomes the new OPEC+ oil production cut deal and hopes that it will stabilize the markets.
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G-20, OPEC working to rebalance oil market
Updated : 2 years, 9 months ago IST
Dubai [UAE], April 11 (ANI): Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
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Saudi Arabia has assured India of uninterrupted LPG supply: Pradhan
Updated : 2 years, 10 months ago IST
New Delhi [India], Mar 29 (ANI): Minister of Petroleum and Natural Gas Dharmendra Pradhan after his discussions with Saudi Minister of Energy, Prince Abdulaziz bin Salman, on global oil market developments said that Saudi Arabia has assured India of uninterrupted supply of LPG.
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Pradhan, Saudi oil minister discuss enhancing bilateral hydrocarbon cooper
Updated : 3 years, 6 months ago IST
New Delhi (India), July 25 (ANI): Union Petroleum Minister Dharmendra Pradhan on Thursday held discussions here with his Saudi Arabian counterpart Khalid Al-Falih to further enhance bilateral hydrocarbon cooperation between the two countries and also deliberated on the prevailing global oil
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OPEC agrees to cut crude oil production by 1.2 million barrels/day
Updated : 4 years, 1 month ago IST
Vienna [Austria], Dec 8 (ANI): In an aim to boost global oil markets, member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies on Friday decided to slash crude oil production by 1.2 million barrels per day.
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