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Thursday, November 13, 2025
TopicOPEC

Topic: OPEC

US sanctions on Venezuela can divert flood of cheap oil to India, China

Venezuela was fourth-biggest crude supplier to India in 2018 & cheap supplies can help Modi govt before polls.

Iraq may have ‘fourth-biggest oil producer’ tag, but there is little to show for it

For all its petro-wealth, Iraq lacks steady electricity supplies and has trouble attracting the kinds of investment needed to create jobs.

6 foreign trips MJ Akbar will no longer make, govt scrambles to find replacement

M.J. Akbar, who resigned as Minister of State for External Affairs Wednesday, was liaising with Muslim countries in Central and West Asia and Africa.

Traders predict oil prices to touch $100 per barrel as Iran reels under US sanctions

The Iranian market doesn’t have much capacity left to replace more than 2 million barrels a day of exports that could be lost to sanctions.

Iran’s export pain could mean a hot winter for oil

Oil exports are down by almost a third since U.S. said it would withdraw from the nations’ nuclear deal and reimpose sanctions.

China-India ‘oil buyers’ club’ to challenge OPEC monopoly could be a game-changer

Led by countries that have vowed for big electric push, the counter-cartel could help phase out petroleum products.

India seeks ‘responsible’ OPEC decision as Vienna tensions mount

Oil minister Dharmendra Pradhan says the government believes that $55 to $60 a barrel is a reasonable price level for now.

Trouble looms for India as shipping revolution to push oil prices to $90 a barrel

Changes that force vessels to consume lower sulphur fuels in 2020 will lead to a boom in middle distillate products, triggering crude demands.

On Camera

Trump stoked the Epstein scandal. It’s come back to bite him

The disgraced financier also seemed to allege in documents that Trump kept company for hours with one of Epstein’s victims.

Wealth nears $99 trillion, still Asia’s rich don’t have succession plans

Much of this wealth is tied to founder-led businesses that employ millions and help anchor regional economies.

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.