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'Current oil prices are sustainable'

The current oil prices at nearly $83 a barrel, which are slightly above the $70-80 band, are ideal for producers and consumers and are at sustainable levels, Saudi Arabia Minister of Petroleum and......

India asks OPEC to raise oil production

India has asked oil cartel Organization of the Petroleum Exporting Countries to raise crude oil production to stem the relentless rise in international oil prices that have threatened to derail......

Saudi Arabia to raise oil reserves

Saudi Arabia, which has the world's largest oil reserves, has said that it may increase its stock by around 200 billion barrels and was also mulling investment in building refineries in India among......

ONGC to attend conference on Saudi's oil sector

State-run Oil and Natural Gas Corporation on Friday said it has been invited by the Saudi Arabian Oil Minister Al Naimi for a conference in London on July 24 to discuss the oil and gas......

Crude will not reach $100/barrel again, assures OPEC

The US tight oil industry has been more resilient than many had expected Oil group OPEC agreed to stick by its policy of unconstrained output for another six months on Friday, setting aside......

Al Naimi

News for Al Naimi

'Current oil prices are sustainable'

India asks OPEC to raise oil production

Saudi Arabia to raise oil reserves

ONGC to attend conference on Saudi's oil sector

Crude will not reach $100/barrel again, assures OPEC

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