Search For "production cuts"
Biden announces release of 15 million barrels of oil from strategic reserv
Updated : 3 months, 1 week ago IST
Washington [US], October 20 (ANI): US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic reserve, part of a response to recent production cuts announced by OPEC+ nations.
Read More
Biden to release 15 million barrels from oil reserve, more possible
Updated : 3 months, 1 week ago IST
Washington [US], October 19 (ANI): President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on Wednesday as part of a response to recent production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC+) nations.
Read More
Indian economy is resilient, not going to be impacted by OPEC+ oil output
Updated : 3 months, 3 weeks ago IST
New Delhi [India], October 6 (ANI): After OPEC+ agreed to steep oil production cuts on Wednesday, curbing supply in an already tight market, Indian economist Dr Charan Singh called India 'fortunate' enough as the country is not going to be badly impacted by these policies as it is not on
Read More
Pradhan urges OPEC to phase out production cuts sooner, maintain crude pri
Updated : 1 year, 7 months ago IST
New Delhi [India], June 24 (ANI): In a high-level consultation meeting on Thursday, Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan urged the Organization of the Petroleum Exporting Countries (OPEC) to phase out production cuts sooner and maintain crude prices at a r
Read More
India calls for ease of crude oil production cuts
Updated : 1 year, 10 months ago IST
New Delhi [India], April 2 (ANI): Calling for the market-determined price of crude oil, the Ministry of External Affairs (MEA) on Friday said India has been appealing oil-producing countries to ease production cuts that were announced last year.
Read More
Situation on global oil market undoubtedly improved in recent months: Saud
Updated : 1 year, 11 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.
Read More
Petroleum Minister appeals to oil-producing countries to ease production c
Updated : 1 year, 11 months ago IST
New Delhi [India], February 17 (ANI): In his address at the IEA-IEF-OPEC Symposium on Energy Outlooks on Wednesday, Petroleum Minister Dharmendra Pradhan appealed to oil-producing countries to ease production cuts to stabilise the fragile global economic recovery.
Read More
Moscow, Riyadh discuss G20 talks, OPEC+ deal implementation, COVID-19 vacc
Updated : 2 years, 4 months ago IST
Moscow [Russia], September 7 (ANI/Sputnik): Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz Al Saud held a phone conversation about preparations for the G20 summit, the implementation of the OPEC+ oil production cuts deal, and the joint production of the Russian vaccine
Read More
Auto retail sales likely to improve in festive season: Ind-Ra
Updated : 3 years, 3 months ago IST
Mumbai (Maharashtra) [India], Oct 28 (ANI): Automobile retail sales are likely to pick up with an improvement in consumer sentiment during the ongoing festive season due to recent liquidity easing measures announced by the government and on back of favourable monsoons, according to India Rat
Read More
Parle calls for rational tax structure on biscuits, denies reports of job
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], Aug 26 (ANI): Leading biscuit maker Parle Products on Monday denied reports of 10,000 job losses due to slowing economic growth, falling demand and consequent production cuts.
Read More