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ONGC plans to raise oil output by 4 MT by 2020

22-10-2017| Source:PTI

ONGC has drawn a blueprint to raise crude oil production by 4 million tonne (MT) and almost double natural gas output by 2020 to meet Prime Minister Narendra Modi's target of cutting India

Oil rises on tighter fundamentals, but China warning holds back market

20-10-2017| Source:Reuters

Brent crude futures, the international benchmark for oil prices, were at $57.39 at 0420 GMT, up 16 cents, or 0.28 percent from their last close.

Oil prices edge up on signs of tightening market

20-10-2017| Source:Reuters

Brent crude futures , the international benchmark for oil prices, were at $57.31 at 0027 GMT, up 8 cents, or 0.1 percent, from their last close.

Oil slips but holds most recent gains on expected OPEC cuts

19-10-2017| Source:Reuters

Brent crude fell by $1.13 a barrel to a low of $57.02 before recovering a little to $57.30 by 1345 GMT. The global benchmark was still about 30 percent above its mid

Global oil demand will pass 100 million barrels per day by 2020, says OPEC's Mohammad Barkindo

19-10-2017| Source:CNBC

Speaking at the Oil & Money conference in London, Barkindo said confident prices would rise and global oil demand would grow as the global economy continued to strengthen.

Oil prices rise on tighter US market, Middle East tensions

18-10-2017| Source:Reuters

Brent crude futures, the international benchmark for oil prices, were at $58.27 at 0314 GMT, up 39 cents, or 0.7 percent from their last close - and a third above mid-year levels.

Oil prices firm as Iraq tensions escalate, shares extend rally

17-10-2017| Source:Reuters

Oil prices held firm on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares look set to extend their bull run on optimism about

Oil jumps on fears of new Iran sanctions, Iraq conflict

16-10-2017| Source:Reuters

International Brent crude futures were at $57.82 at 0645 GMT, up 65 cents, or 1.1 percent, from the previous close.

Oil edges up as lower US production, inventories point to tighter market

13-10-2017| Source:Reuters

With the Organization of the Petroleum Exporting Countries (OPEC) leading a production cut, analysts said that global oil markets were on a path to rebalancing after years of oversupply.

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