THE IEA has upgraded its global crude oil demand forecasts in it's September report, pointing to improvements in the world economy but warned that the recovery would slow down and ...
India’s state run refiners, including Indian Oil Corp., the nation’s biggest, will pay about $453 million to buy a 10 percent stake in explorer Oil India Ltd. from the federal ...
The decision of OPEC’s Council of Ministers this week reflected the satisfaction of the organisation’s member countries with the current crude oil price range of 65 to 70 dollars for ...
Oil prices hovered below US $69 a barrel Tuesday in Asia as investors weighed concerns about weak crude demand against optimism of a global economic recovery. Benchmark crude for October ...