The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations, founded on 14 September 1960 in Baghdad by the first five members, and headquartered since 1965 in Vienna, Austria. Read More
Oil India Ltd on Saturday reported a net loss of Rs 249 crore in the first quarter of current fiscal year as compared to a net profit of Rs 625 crore in Q1 FY20. ...
(IANS) For oil refiners, the Covid-19 pandemic seems to have delivered a dual blow -- big inventory loss in the January-March quarter and a likely plunge in gross refining in the subsequent three months. ...
The price of US oil has dropped to a 21-year low, as demand dries up and storage runs out amid the coronavirus pandemic, the media reported on Monday. ...