oil production
OIL PRODUCTION NEWS
Top 10 largest oil-producing and consuming countries 2024-25: India's global rank explained
September 04, 2025 6:11 am
Top 10 largest oil producing and consuming countries 2024-25 list: The world’s oil market is highly concentrated: the top 10 consuming nations account for 61 percent of demand, while the top 10 producers supply 73.8 per cent of global output.
Oil prices rise, tight supply back in focus
September 25, 2023 1:06 pm
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand.
Saudis to cut oil production by 500,000 barrels per day, prices likely to rise
April 02, 2023 9:52 pm
Saudi Arabia's state-run oil giant Aramco recently announced record profits of $161 billion from last year.
India's oil production in February dips 6.4 per cent on lower private sector output
March 25, 2020 6:39 pm
Crude oil production at 2.39 million tonnes in February was 6.41 per cent lower than 2.56 million tonnes output in the same month a year back, according to official data released by the oil ministry here.
Oil eases on oversupply concerns ahead of holiday
December 24, 2018 7:37 am
Rising oil supplies and a slowing global economy have put crude oil under pressure, with both benchmarks down more than 35 percent from their recent peaks in early October.
Saudi king said will boost oil output if needed: White House
July 01, 2018 10:02 am
Trump told King Salman bin Abdulaziz Al Saud that the oil market could do with more supply when the men spoke on Friday, the White House said.
Oil dips as dollar halts slide, short-term demand outlook weakens
January 26, 2018 7:00 am
As oil is traded in dollars, swings in the greenback can also impact oil demand as it affects the price of fuel purchases for countries using other currencies domestically.
Still slipping on oil
January 29, 2015 12:42 am
Government focuses on short-term revenue gains instead of boosting oil production.
Falling up
December 30, 2014 12:00 am
The US alone has seen a rise of 70% in crude output between 2008 and 2014.
Oil India Q2 net drops 5.3%
November 13, 2013 3:42 am
Profits fell as it shelled out 7.5 per cent more fuel subsidy at Rs 2,233.70 crore in the quarter under review.
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