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Tuesday, December 2, 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

Violent Indian men are now ideal lovers in Bollywood movies

Kabir Singh started Bollywood's misogyny Olympics. 2025's top contender is Dhanush and Kriti Sanon-starrer Tere Ishk Mein.

New cess on ‘pan masala’ to fund national security and healthcare programmes

The Health Security Se National Security Cess Bill, 2025, explained. Oppn has attacked the proposed cess as 'a new financial burden' on the citizens.

After Op Sindoor, India goes in for more Heron Mk IIs; Israel frontrunner for mega MALE drones deal

Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.