Oil prices have now retreated to $93 per barrel as markets weighed supply concerns stemming from…
Tag: strategic petroleum reserve
Oil prices fall on disappointing China, US economic data despite IEA demand forecast
Last Update: May 16, 2023, 23:47 IST Both benchmarks climbed more than 1% on Monday, reversing…
Ukraine crisis: Government closely monitors energy markets, assures stable fuel price
Russia-Ukraine conflict: in the wake of escalation Russia-Ukraine conflictThe Indian government said it is monitoring global…
India says oil producers artificially adjusting oil supply leading to price hike
Rameshwar Teli, Minister of State for Petroleum and Natural Gas, said in a written reply that…
India’s release of 5 million barrels of oil from stockpile a ‘symbolic gesture’
The government official said the release from India’s Strategic Petroleum Reserve (SPR) was “a symbolic gesture”…
spr: Explainer: What is the Strategic Petroleum Reserve, the emergency oil stash Biden could tap? – times of India
Washington: Biden The administration is considering exploiting US Strategic Petroleum Reserve ,SPR) in conjunction with other…
Ida, wildfires show ‘climate crisis’, says Biden – Times of India
WASHINGTON: President Joe Biden on Thursday promised stronger federal help for Northeast and Gulf states affected…