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Latest Articles in oil demand

Russia Oil Supply Drop To Double In May: IEA

Still, lower demand amid a COVID-19 surge in China, output increases from OPEC+ producers and beyond along with the largest ever draw on emergency oil storage by the United States and its IEA member allies ought to prevent any sharp deficit, it said

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India's Oil Demand Likely To Jump 8% In 2022

Mobility has continued to improve, as average driving activity in India increased. Oil demand this year has increased as states relaxed COVID-19 restrictions in line with declines in new infections

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Oil Prices At Seven Year High; What Explains The Surge?

An outage on a pipeline from Iraq to Turkey have increased concerns about an already tight supply outlook amid worrisome geopolitical troubles in Russia and the United Arab Emirates

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India's Fuel Demand Hit 9-Month High In December 2021: Government Data

India's fuel consumption in December scaled a nine month peak, government data showed, although a fresh Covid wave may slow the recovery of demand

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The Year Of Opportunities For The Oil And Gas Industry

The year 2022 would be transformational for the Oil and Gas Industry and if world economies continue to make advances towards keeping the pandemic under control

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India's Net Zero 2070 Goal Will Not Hit Peak Oil Demand Target: HPCL

"Based on the energy requirement of the country, we need to move towards the different forms of energy and we need different forms of energy to cater to the increasing needs of the country," M.K. Surana told a news conference.

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Crude Oil Futures Rise On Spot Demand

Crude oil for October delivery traded higher by Rs 54, or 0.89 per cent, at Rs 6,116 per barrel in 5,902 lots.

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IEA Forecasts 50 per cent Rise In India's Oil Demand

India’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per the IEA’s key scenario based on stated policies.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the October delivery dropped by Rs 154, or 2.65 per cent, to Rs 5,662 per barrel with a business volume of 8,389 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the October delivery dropped by Rs 21, or 0.36 per cent, to Rs 5,804 per barrel with a business volume of 8,870 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the October delivery traded higher by Rs 53, or 0.97 per cent, at Rs 5,520 per barrel in 7,144 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the October delivery traded higher by Rs 47, or 0.9 per cent, at Rs 5,257 per barrel in 3,799 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the September delivery traded higher by Rs 46, or 0.89 per cent, at Rs 5,227 per barrel in 5,122 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the September delivery dropped by Rs 4, or 0.08 per cent, to Rs 5,091 per barrel with a business volume of 5,142 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the September delivery traded higher by Rs 40, or 0.8 per cent, at Rs 5,053 per barrel in 4,786 lots.

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