oil - Asian News from UK

Supply Cuts by Saudi, Russia Could Push Oil to $107

That announcement lifted Brent crude oil above $91 a barrel for the first time in 10 months…reports Asian Lite News Oil prices could climb well into triple-digit territory by next year if

September 7, 2023

-Top News·Arab News·Saudi Arabia

OPEC expects 2.2% growth in oil demand in 2024

The world economic growth in 2023 is to remain broadly unchanged at 2.6%, according to the organisation, with the initial forecast for 2024 economic growth expected at 2.5%…reports Asian Lite News OPEC

July 14, 2023

-Top News·Arab News·UAE News

Shell’s exit sparks domino effect fears in Pakistan

The oil major’s announcement might set the ball rolling for other foreign investors too to look at exiting Pakistan or halting operations temporarily, a report by Mahua Venkatesh Pakistan’s economic crisis is

June 17, 2023

-Top News·Asia News·Economy

Oil giants slash production

The Saudi Ministry clarified that the decision is a precautionary measure aimed at supporting the stability of the global oil market….reports Asian Lite News Saudi Arabia’s Energy Ministry has announced a voluntary

April 3, 2023

-Top News·Arab News·Saudi Arabia

‘India’s approach to oil import guided by energy security requirements’

On September 2, G7 Finance Ministers initiated a price cap on Russian-origin crude oil and petroleum products to be implemented by each coalition member in the wake of Russia-Ukraine war…reports Asian Lite

March 17, 2023

-Top News·Asia News

India buying Russian oil none of our business: German envoy

Speaking about Germany’s efforts to find a solution to the war, he said German Chancellor is every now and then on the telephone with Putin…reports Asian Lite News India buying oil from

February 23, 2023

-Top News·India News

India to lead demand for oil till 2045

OPEC report reveals India will take the leading role in crude requirement, along with other Asian and African, reports Animesh Singh…reports Asian Lite News After China driving the initial demand growth, it

February 8, 2023

-Top News·India News

‘Russia has become largest oil supplier to India’

In his address, the Russian Ambassador said further that India has taken a neutral stance as regards excluding Moscow from multilateral institutions…reports Asian Lite News Russia has become the largest oil supplier

February 3, 2023

-Top News·India News

OPEC+ recommends staying course on oil output policy

The JMMC comprises oil ministers from the OPEC+ countries. It has no decision-making power but provides policy recommendations for the OPEC+ ministerial meeting, the group’s decision-making body…reports Asian Lite News Leading oil

February 2, 2023

-Top News·UAE News

Hasina hopes to import oil from India by 2023

Hasina also mentioned the connectivity routes which were closed during the 1965 war, saying the routes were now being opened in phases…reports Sumi Khan Bangladesh Prime Minister Sheikh Hasina expressed hope to

November 21, 2022

-Top News·Asia News·Bangladesh

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