Energy

Muscat: The total local sales of refineries in the Sultanate of Oman increased by 18.2 per cent till the end of September 2022 compared to the corresponding...

New Delhi: After OPEC+ agreed to steep oil production cuts on Wednesday, curbing supply in an already tight market, Indian economist Dr Charan Singh called...

New Delhi: Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD region,...

New Delhi: The current round of gas crisis in Europe is expected to create a fresh round of inflationary pressures in food and transport prices, said SBI...

Tokyo: This is a windmill farm for power generation in Kamisu city of Ibaraki Prefecture in Japan. Windmills are lined up on the coast because of their...

New Delhi: The share of Russian oil in India's overall oil import basket increased from 2 per cent to 13 per cent in a couple of months after the beginning...

Seoul: Seoul Inventories of the four largest Korean petrochemical firms increased by more than 54 per cent due to the decreased demand after Russia's...

New Delhi: Consumption of petroleum products in India during the month of June soared 17.9 per cent year-on-year to 18.67 million tonne, data from Petroleum...

Washington: World oil prices plummeted on Wednesday (local time) and dropped below USD 100 a barrel for the first time since early May.The price of West...

New Delhi: ONGC Videsh Limited (OVL), the wholly-owned subsidiary and overseas arm of the government-run Oil and Natural Gas Corporation Ltd (ONGC), has...