Puri assured Al Ghais that as one of the world’s fastest-growing economies, India is committed to supporting efforts to achieve such balance in global energy markets…reports Asian Lite News India…
The JMMC stated that participating countries with outstanding overproduced volumes for the months of January, February and March 2024, will submit their detailed compensation plans to the OPEC Secretariat by…
The discussions spanned the short, medium, and long-term outlooks for the industry, acknowledging India’s pivotal role in global economic growth and energy demand…reports Asian Lite News India, positioned as the…
Puri wondered whether the global economy is again going to witness a situation similar to the economic turmoil of 2008 which had become a self fulfilling prophecy…reports Asian Lite News…
OPEC said this year’s global oil demand, expected to reach 102.1 million bpd, will surpass pre-COVID-19-pandemic levels…reports Asian Lite News Robust global oil demand growth has been forecast in 2023…
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…
The Secretary-General noted that ‘Inclusivity’ relates to ensuring all voices are heard in discussions on energy transitions, developing and developed countries, producers and consumers….reports Asian Lite News Secretary-General of OPEC…
UAE among members of Organisation of Petroleum Exporting Countries (OPEC) Plus announced a surprise cut in oil production that will exceed one million barrels a day….reports Asian Lite News Oil…
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…
OPEC+ had “noted the adverse impact of volatility and the decline in liquidity on the current oil market and the need to support the market’s stability and its efficient functioning…reports…
