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OPEC

No Change In Fuel Prices On Tuesday

Nov 23, 2021 Outlook Web Desk

Across the country as well, the prices largely remained unchanged on Tuesday but the retail rates varied depending on the level of local taxes.

Fuel Prices Static As Oil Companies Keep Petrol Prices Unchanged

Nov 19, 2021 Outlook Web Desk

The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a. m. on November 4 from previous day's Rs 110.04 a litre, remains at the same level. The diesel prices also remained unchanged in the capital at Rs 86.67 a litre.


OPEC+ Keeps Cautious Oil Production Despite Biden Pressure

The OPEC+ alliance, made up of OPEC members led by Saudi Arabia and non-members led by Russia, approved an increase in production of 400,000 barrels per day for the month of December.

Can Oil Imports Make India Aatma Nirbhar?

Sep 03, 2020 Abhimanyu Joon

According to US Energy Information Administration, India has the 2nd largest proven oil reserves in Asia-Pacific region but, so far the production is done only at 5 locations.


A First In History: Negative Oil Price, Yes. But Will You Get Money While Buying Petrol?

The negative oil price has also highlighted the failure of Organization of the Petroleum Exporting Countries (OPEC+) and G20 to bring about the oil balance for supply and demand.

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17 April, 2020

COVID-19 And Not OPEC+ Or President Trump Is Driving Current Oil Prices

Bhamy V. Shenoy

Until the lockdown is removed in most of the countries, the aeroplanes start to operate, the economy starts humming (not necessarily to the full capacity) and the demand reaches 93 to 95 % of the pre-pandemic period, oil prices will be controlled by COVID-19 driven market, and not by OPEC+ or President Trump, writes Dr. Bhamy V Shenoy.


22 September, 2019

Committed To Meet India's Energy Security Needs Despite Aramco Drone Attack: Saudi Arabia

New Delhi

The Saudi Kingdom calls upon the international community to assume its responsibility in condemning those that stand behind the drone attack on Saudi Arabian oil facilities


07 December, 2018

Qatar Flexes Its Muscles By Leaving The OPEC

Amb Anil Trigunayat

Qatar has played its diplomatic game adroitly through the Gulf crisis winning over the sympathies of most countries while keeping the doors open for justified mediation with Saudi Arabia and others.


03 December, 2018

Qatar Says Will Exit OPEC: All You Need To Know

Outlook Web Bureau

The decision to withdraw from OPEC came after Qatar reviewed ways to enhance its role internationally and plan its long-term strategy, al-Kaabi told a news conference.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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