Latest News for: Crude oil production

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One stock to bet on, two to avoid as Chris Wood predicts new oil crisis

The Times of India 14 Jun 2021
Kotak Equities instead urged its clients to use GAIL India in their portfolios as a hedge against higher crude oil prices, as the company would benefit from increase in profitability of LPG production and LNG marketing segments. Further, as production of crude oil declines ...
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Oil Price Fundamental Weekly Forecast – Will Traders Start to Worry about OPEC+ Production Hike?

FX Empire 14 Jun 2021
Last week, September WTI crude oil futures settled at $69.92, up $1.03 or +1.50% and September Brent crude oil finished at $72.11, up $0.62 or +0.86% ... These include rising gasoline stocks, the lifting of Iranian sanctions that includes the release of crude oil and worries that OPEC will consider raising production when it meets the first of July.
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New discovery offshore Guyana at Longtail-3 on Stabroek block

Petroleum World 14 Jun 2021
ExxonMobil said June 9 it made a successful crude oil discovery at its Longtail-3 well offshore of Guyana for its 20th total find from the Stabroek Block since 2015 ... This would result in Guyana being fiscally reliant upon Exxon's production of crude oil.".
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Wholesale inflation jumps to 12.9 pc in May on low base effect

Yahoo Daily News 14 Jun 2021
"The high rate of inflation in May 2021 is primarily due to low base effect and rise in prices of crude petroleum, mineral oils viz petrol, diesel, naphtha, furnace oil etc and manufactured products," said a statement issued by the Ministry of Commerce and Industry ... A global recovery has pushed up crude oil and prices of other commodities.
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Oil Markets Baffled As The IEA Calls For More Production

Oil Price 14 Jun 2021
... growth expectations, demand for crude oil and petroleum products will be reaching pre-COVID levels by 2022.
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Caught in the middle

Dawn 14 Jun 2021
revenue generation to finance both trickle-down and bottom-up support measures will be through higher taxation on petroleum products, crude oil, gas and electricity to name a few ... Many proposed policy measures are highly inflationary, such as taxes on crude oil, LNG imports and food items.
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India's May WPI inflation accelerates to 12.94% y/y

Reuters 14 Jun 2021
... due to a low base effect and a rise in prices of crude petroleum, mineral oils and manufactured products.
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Palm Methyl Ester Derivatives Market Size and Growth 2021-2028 | Top Vendors – CREMER, Carotino ...

The Sentinel Newspaper 14 Jun 2021
The regional analysis includes product development, sales, consumption trends, regional market share and size in each region ... The report further studies the market segmentation based on the types of products offered in the market and their end-uses/uses. By the product type, the market is primarily split into..Crude Palm Oil (CPO).
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WEEKLY ENERGY RECAP: If oil prices were below $70, would IEA still tell OPEC to ...

Arab News 13 Jun 2021
However, the EIA sees the global crude oil market balancing in the third quarter of this year. It predicts a decline in oil prices, and expects Brent crude to average $68 per barrel this year and $60 in 2022 as global oil production increases.
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Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 crore

The Times of India 13 Jun 2021
Ruchi Soya primarily operates in the business of processing of oilseeds, refining of crude edible oil for use as cooking oil, manufacturing of soya products and value-added products ... The objective of the acquisition is to expand the product portfolio of the existing business of the company, it had said.
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Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 crThe FPO ...

Deccan Herald 13 Jun 2021
Ruchi Soya primarily operates in the business of processing of oilseeds, refining of crude edible oil for use as cooking oil, manufacturing of soya products and value-added products ... The objective of the acquisition is to expand the product portfolio of the existing business of the company, it had said.
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Budget document on power sector misleading: SAPM

The News International 13 Jun 2021
... percent population to come out of Covid-19 pandemic causing their economies to recover and in next stage they will adopt aggressive growth led policies creating demand of POL products, LNG and LPG in the international market resulting in more increase in the price of crude oil.
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Baba Ramdev's Ruchi Soya files FPO document to raise up to ₹4,300 cr

Live Mint 13 Jun 2021
Ruchi Soya primarily operates in the business of processing of oilseeds, refining of crude edible oil for use as cooking oil, manufacturing of soya products and value-added products ... The objective of the acquisition is to expand the product portfolio of the existing business of the company, it had said.
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Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 cr

Yahoo Daily News 13 Jun 2021
Ruchi Soya primarily operates in the business of processing of oilseeds, refining of crude edible oil for use as cooking oil, manufacturing of soya products and value-added products ... The objective of the acquisition is to expand the product portfolio of the existing business of the company, it had said.
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Rebooting WPI

Business Line 13 Jun 2021
The working group has made a comprehensive evaluation of the changing consumption patterns of wholesale products and has expanded the basket ... Similarly, share of fuel prices has moved lower to 11.24 per cent from 13.15 per cent, due to the lower crude oil prices in that period.
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