April 06, New Delhi: The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) have agreed to implement a production adjustment of 206,000 barrels per day.The eight OPEC+ members, who had announced voluntary additional cuts in April, met virtually on Sunday to review...
barrel per day
energy infrastructure
energy market
energy sector
global market conditions
market stability
may 2026
new delhi
oil production
opecopec+
organization of the petroleum exporting countries
production adjustment
supply and demand
voluntary cuts
New Delhi, March 9 – India currently has a total storage capacity for crude oil and petroleum products of 74 days, which can help mitigate disruptions in case of adverse situations such as geopolitical conflicts, the Parliament was informed on Monday."The government has established Strategic...
Global oil prices remained near seven-month highs yesterday, supported by rising geopolitical tensions between the United States and Iran, despite growing American crude inventories indicating concerns about oversupply. Brent crude futures were trading around $71 per barrel in London, up about...
american petroleum institute
brent crude
crude inventories
crude oil
energy market
futures trading
geopolitical tensions
iran
oil prices
opec
supply and demand
u.s. energy information administration
united states
west texas intermediate