- Iraqi Oil Surge Puts Hurdle on OPEC's Path to Production Cuts
November 29, 2018
The biggest snag in OPEC’s push for a consensus on cutting oil output could come from relentless growth in supply from its second-biggest producer.
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- Crude oil falls below $60 per barrel on record Saudi output
November 27, 2018
Oil prices have lost almost a third of their value since early October, weighed down by an emerging supply overhang and widespread financial market weakness.
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- Wave of refinery shutdowns may push India into importing fuel next year
November 27, 2018
A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020, company officials said, in moves that could temporarily dent oil demand and push up imports of refined fuels....
- Why petrol, diesel prices will continue to remain high
November 26, 2018
Indian consumers may have to wait till next year, when a new government takes charge, for any tinkering in the auto fuel retail pricing mechanism to make it more transparent.
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- What’s happening to the price of oil?
November 20, 2018
Oil prices have plummeted in recent days, months after surging to their highest point since 2014. After topping $75 a barrel in early October, the price of West Texas intermediate, the North American benchmark, has fallen by roughly one-...