Why is OPEC+ Cutting Oil Output? Explained

A surprise announcement by OPEC+ to deepen production cuts in April lifted prices by nearly $9…

Oil Prices Climbs After OPEC+ Keeps Output Cut Targets, China Eases COVID Curbs

Oil prices rose 2% on Monday after OPEC+ countries kept their production targets steady ahead of…

Ecuadorian government forced to cut fuel prices after protests

Ecuador’s President Guillermo Lasso announced on Sunday that the country would cut fuel prices, which sparked…

Oil changed little after OPEC+ agreed to boost production

Oil prices were little Changed After eroding early losses on Thursday, OPEC+ agreed to boost crude…

US President Joe Biden Hints at Revoking Some Trade Tariffs Imposed on China; Details Here

Joe Biden made the comments as he addressed a news conference with Japanese Prime Minister Fumio…

UAE will not take steps to increase oil production on its own

The United Arab Emirates will not act on its own to increase oil production, a UAE…

Levy on oil production reduced from current 70% to 40%: Prachoor Sah, Deputy CEO, Cairn Oil & Gas

Prachoor Sah, Deputy CEO, Cairn Oil & Gas The country imports about 85 per cent of…