OPEC+ Production: "We are moving into an era of plenty," Singh said during a panel discussion on Thursday. "The world has 9 ...

The higher offtake of Russian oil by India also comes at a time when the US President Trump has threatened to levy secondary ...

Global oil producers have 9 million barrels per day of spare capacity amid muted demand. ONGC Chairman Arun Singh highlighted ...

“Given this scenario, there is optimism that India will increase palm oil imports in the coming weeks to replenish stocks, supporting palm oil prices,” she told Bernama. Belvinder also said that the ...

Over the past few years, after the start of the Russia-Ukraine conflict, India has reduced its reliance on Middle Eastern and African oil in favor of a cheaper and abundant supply from Moscow.

Despite having a cost advantage, domestic crushers are not purchasing locally grown soybeans, while the country continues to ...

KUALA LUMPUR: Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India ... by global supply and demand ...

which diminished the likelihood of a price boost in the short term from lower supply. The brokerage said it now expects oil demand to grow by only 600,000 barrels per day (bpd) this year ...

"The economy and oil demand are inextricably linked," said Angie Gildea, KPMG U.S. energy leader. "Markets are still digesting tariffs, but the combination of increased oil production and a weaker ...

"Having successfully navigated supply challenges in 2024, we are well-equipped to meet the increasing demand for luxury mobility in India," he said. Models such as the Audi Q7 and Audi Q8 played a ...

Oil prices inched higher on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude ...