Business Standard

Page 4 - Crude Oil Production

OPEC+ faces 'major challenge' from competitors' surging output: IEA

"The OPEC+ countries face a major challenge in 2020 as demand for their crude is expected to fall sharply," the Paris-based agency said in a monthly report

OPEC+ faces 'major challenge' from competitors' surging output: IEA
Updated On : 15 Nov 2019 | 7:01 PM IST

Electric vehicles' rise may lead to slow global oil demand from 2025: IEA

The IEA expects there will be 330 million electric cars on the road by 2040

Electric vehicles' rise may lead to slow global oil demand from 2025: IEA
Updated On : 13 Nov 2019 | 6:29 PM IST

Crude shock: Rise in oil prices may deepen India's auto crisis, say experts

Spike in oil prices will translate into a matching or higher increase in fuel prices in domestic market

Crude shock: Rise in oil prices may deepen India's auto crisis, say experts
Updated On : 17 Sep 2019 | 2:42 AM IST

New Saudi oil minister endorses production curbs to address oversupply

the minister signalled no major change in approach in Saudi Arabia

New Saudi oil minister endorses production curbs to address oversupply
Updated On : 09 Sep 2019 | 4:56 PM IST

Core sector growth at 50-month low in June; 4 out of 8 sectors contract

June growth rate falls to 0.2%, from 4.3 % in May, as refinery, steel and cement production weakens

Core sector growth at 50-month low in June; 4 out of 8 sectors contract
Updated On : 31 Jul 2019 | 11:37 PM IST

US to overtake Russia as biggest crude oil producer by 2019 at latest: IEA

US crude oil output rose above 10 million barrels per day (bpd) late last year for the first time since the 1970s, overtaking top oil exporter Saudi Arabia

US to overtake Russia as biggest crude oil producer by 2019 at latest: IEA
Updated On : 27 Feb 2018 | 4:12 PM IST