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Global Oil Market Now Balanced, Situation Constantly Changing - Vimarsana News

Global Oil Market Now Balanced, Situation Constantly Changing

The global oil market is currently balanced, but the situation is constantly changing, Russian Deputy Prime Minister Alexander Novak said on Wednesday.

Putin's Speech at REW-2023: Russia to Ensure Global Energy Market's Stability for Decades to Come - Vimarsana News

Putin's Speech at REW-2023: Russia to Ensure Global Energy Market's Stability for Decades to Come

The major theme of Russian Energy Week-2023 is titled the "New Reality of Global Energy: Creating the Future." President Vladimir Putin outlined his nation's view on the world's most urgent energy issues and ways to overcome emerging crises.

Oil Prices Set For Their Sharpest Weekly Drop In Six Months - Vimarsana News

Oil Prices Set For Their Sharpest Weekly Drop In Six Months

Oil prices are on course to record their sharpest weekly decline since March as traders refocus on demand concerns even as OPEC+ continues to tighten supply.

Ongc: State oil companies see output rebound in fields abroad, ET Auto - Vimarsana News

Ongc: State oil companies see output rebound in fields abroad, ET Auto

Ongc: The oil and gas output has risen to 8.3 million metric tonnes of oil equivalent (mmtoe) in the April-August period from 8.1 mmtoe in the same period last fiscal year.

Oil Prices Attempt To Recover After The Bullish Bubble Appears To Burst - Vimarsana News

Oil Prices Attempt To Recover After The Bullish Bubble Appears To Burst

Oil prices began to recover on Thursday morning after the EIA’s latest inventory report sparked a dramatic drop in both WTI and Brent.