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Oil prices may drop further as Opec+ boosts output from Oct

The latest decision of the Organisation of Petroleum Exporting Countries and its allies, commonly known as Opec+, to boost output is being seen as an attempt to regain market share lost to the US,......

Strait of Hormuz closure: How it will impact India

US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a......

Will Modi Opt For More Energy Imports From US?

US shale oil would act as an alternative to India's heavy dependency on Russian crude, which is currently facing sanctions. IMAGE: Prime Minister Narendra D Modi with then US President Donald J......

India, IEA to fight oil price volatility

India will join hands with Paris-based International Energy Agency to counter artificial price volatility in the international oil market and create buffers for supply disruptions.IEA will assist......

Oil price to rise only gradually to $80 by 2020: IEA

Oil is unlikely to return to $80 a barrel before the end of the next decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day, the......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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