India may likely to fall back on the rupee-rial arrangement for importing oil from Iran in case the US forces it to cut procurement of petroleum products from that country, the sources said.
Saudi Arabia has acknowledged the call took place, but mentioned no production targets. The kingdom currently produces some 10 million barrels of crude daily. Its record is 10.72 million barrels a day.
Prime Minister Narendra Modi, Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan and Deputy Supreme Commander of the UAE Armed Forces witnessed the signing of the historic agreement.
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The upcoming GST regime may see a higher levy on goods and commodities related to the common man likely to result in expanded assessments on kitchen staples, for example, eatable oils, flavors and chicken. According
Fish oil helps to boosts brain functions and also improves mood as it contains Omega-3 fatty acids,according to a new study. Fish oil helps athletes and soldiers to manage intense training better. Fish oil content
Doha : India today indicated its interest in joint exploration of new oil and gas fields in the energy-rich nation Qatar. India also invited the Gulf nation to invest in the country’s exploration and production
New Delhi: India has agreed to pay Iran an interest of 1.5 per cent on $6.5-billion that refiners like Essar Oil and Mangalore Refinery (MRPL) owe it in oil dues, as a 'goodwill gesture'. Iran
New Delhi: Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $6.5 billion of the dues for oil import
New Delhi: Keen to step up engagement in the hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $6.5 billion of the dues for oil
New Delhi: Reliance Industries has bought crude oil from Iran after a 6-year break and is looking to strike a long-term fixed quantity deal, post lifting of sanctions. RIL, which operates the world's biggest
New Delhi: Stepping up its energy ties with Iran, India has lined up $20 billion as investment in oil and gas as well as petrochemical and fertiliser projects in the Persian Gulf country subject to
New Delhi: At least 16 pacts in a wide range of sectors like nuclear energy, oil, information technology (IT), aerospace and railways, facilitating billions of dollars of investment by UAE in India, are likely to
It is rightly said that ‘Engine Oil' is a lifeline of your vehicle. It is the engine oil, which saves the engine against corrosion, keep them sludge free and help them to run smoothly.People around
Mumbai: Castor seeds bold and castor oil commercial prices gained at the Vashi oil and oilseed wholesale market today on good demand from shippers and soap industries.Linseed oil rose further due to rising offtake from
Saudi Arabia has not had any financial worries for a long time because of its massive oil reserves. But the free fall in the price of oil has made the Saudis vulnerable to an economic
Washington: The US House of Representative passed a bill on Friday to appeal the 40-year-old oil export ban, but its future was uncertain facing a veto threatened by the White House.The House approved the bill
New York: Oil prices dived on Wednesday as a government report showed that the US crude production increased last week.US crude production added 19,000 barrels to 9.136 million barrels a day last week, according to
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