Page 15 - Oil

Electric vehicles will cut transportation demand for oil by 2040, says IEA

Oil demand is not expected to peak before 2040, the Paris-based IEA said in its 2018 World Energy Outlook

Oil poised for longest streak of losses since 2014 as supply fears ease

Supply concerns that drove crude to a four-year high last month faded on speculation the U.S. would give exemptions to Iranian oil buyers to lower costs at pumps

India hopes to invite bids to fill south oil storage with 19 mn barrels

Indian Strategic Petroleum Reserve Ltd will be inviting bids for crude for the Padur strategic petroleum reserve in Karnataka

India's oil demand to rise by 5.8 million bpd by 2040, says Opec

The global oil sector needed $11 trillion in investment to meet future demand by 2040

Crude oil imports may be cut as price forecast put at $100 a barrel

Benchmark Brent crude oil futures surged 2% on Monday to over $80 a barrel

Iran offers India insurance to continue oil supply as US sanctions loom

State-run insurers used to provide cover before. They relied on reinsurance from India's GIC, which in turn depends on companies in both Europe and the US to hedge its risk

US pips Saudi, may beat Russia to become world's top oil producer next year

The idea that the US could ever again become the world's top oil producer once seemed preposterous

Iran to Donald Trump: Oil will cost $100 per barrel, and it is your fault

Iran, OPEC's third-largest producer, is facing US sanctions on its oil exports that are prompting some buyers to cut purchases

Saudi Arabia plans to pump up to 11 million bpd in July, the highest ever

Opec agreed with Russia and other oil-producing allies on Saturday to raise output from July by about 1 million bpd

Govt defers second round of bidding for 60 oil, gas fields by a month

Of the 60 fields, 22 fields belong to ONGC, five to OIL and 12 are relinquished discovered fields

The crude oil conundrum

Investments may flow into exploration, and there may be greater emphasis on renewables

Now that oil producers have cleared surplus, will crude oil supply cut end?

Russia and Saudi are said to have agreed to raise production, but other OPEC and non-OPEC countries might not

Oil prices slump as OPEC and Russia consider output boost

Russia says oil output cuts likely to be eased at June meeting

Rupee becomes Asia's worst-carry trade after $70 a bbl 'crude' shock

The cost increase in India's biggest import item widens the nation's current-account and fiscal deficits, and has turned the currency into Asia's worst performer

Crude oil breaches $70 a bbl as markets await Trump call on Iran sanctions

Iran has come out against higher prices, after a rally of over 12% this year on output cuts by the OPEC and its allies as well as rising geopolitical risks in the Middle East

Oil markets tense on western strikes on Syria, rising US drilling

Brent crude oil futures were at $71.87 per barrel at 0124 GMT, down 71 cents, or 1 percent from their last close

Oil hits two-week high on share market recovery, Mideast tensions

Brent crude was up 89 cents at $65.73 a barrel at 1802 GMT, after rising to an 11-day high of $65.75 a barrel earlier in the session

Govt's 60% oil block sell-off plan may hit dual contract roadblock

Govt plans to sell 60% stake in 15 fields of ONGC, Oil India to rope in private firms as part of production enhancement policy

Blood oil: More than half the oil traded across the world has been stolen

The source of the problem is an archaic law left over from the days of the Atlantic slave trade

Oil scores best opening week in half a decade

US inventories are shrinking at a time when OPEC and allies producers including Russia are working to trim a global glut