Page 18 - Oil

India's oil consumption to be fastest in world by 2035: Survey

Energy consumption will grow by 4.2 per cent per annum

Oil prices slip on doubts over planned output cuts

Russia and other key exporters outside OPEC have said they will also cut output

Despite Saudi signals, OPEC to miss on all promised oil cuts

OPEC Secretary-General Mohammed Barkindo said he was sure countries would follow through on the deal

Crude oil rises from one-month low

Futures climbed 1% in New York after dropping 5.9% in the previous two sessions

Saudi cuts oil exports to Reliance, HMEL

Reduces February term supplies of mainly heavy crude oil; part of the move to comply with Opec deal

Oil & gas index at a nine-year peak

Analysts expect oil cos to report strong earnings in Dec led by inventory gains, recovery in margins

Oil prices fall on doubts over Opec production cut compliance

Overall supply from Opec in Dec fell to 34.18 mn bpd from a revised 34.38 mn bpd in Nov

Hedge funds bet oil rally to extend into 2017

Investors are showing no sign of turning their backs on oil heading into 2017

Oil prices edge down ahead of OPEC, non-OPEC production cuts

WTI crude futures were down 13 cents at $53.77 after settling up 88 cents at $53.9 a barrel in the last session

Venezuela says to cut 95,000 bpd crude output in OPEC deal

Brent rose 94 cents, or 1.7 percent, to $56.10 a barrel

Oil prices edge up on softer dollar, Opec cut expectations

Weaker dollar makes greenback-denominated commodities cheaper for holders of other currencies

Oil prices rise in anticipation of tighter market in 2017

The Organization of the Petroleum Exporting Countries (OPEC) and other producers led by Russia have announced cutbacks of almost 1.8 million barrels per day (bpd) in oil production from January 2017 in an effort to bolster prices to reduce rampant global overproduction which has seen output outstrip consumption for over two years.

India sees oil touching $60 a barrel before retreating

The rise not only threatens fiscal maths of a nation that is 80% dependent on imports to meet its oil needs but may also spur inflation

Oil prices jump more than 5% as non-OPEC, OPEC producers agree on output cuts

Commodity currencies and energy shares were also pulled higher, adding to bullish sentiment after another day of strong gains on Wall Street on Friday

Oil tops $55 first time in 16 months as Opec deal fuels buying

Brent crude oil futures, the global benchmark used to trade oil, soared to their highest since July 2015 to $55.33 a barrel

Abhishek Deshpande: Bullish trajectory for crude oil in 2017

Deshpande says with an Opec cut, he expects market to be balanced as early as the end of the first quarter of 2017

The rise and fall of oil in popular culture

Energy from petroleum connects us to rest of the world, whether through fuel-thirsty jet engines or by keeping an uninterrupted power supply

Oil exploration shares gain; ONGC hits 52-week high

Oil Country Tubular, GOL Offshore, Jindal Drilling, Aban Offshore and Hindustan Oil Exploration were up 5% to 15% on the BSE.

Oil prices surge 10% after OPEC agrees to cut output for first time since 2008

The cut of 1.2 million barrels per day (bpd) was at the upper end of expectations (0.7-1.2 million bpd)

Govt to invest $20 billion in gas fields in next 5-7 yearrs: Dharmendra Pradhan

This is to develop natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast