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  • OPEC cuts and rising fuel prices India sources crude oil from Guyana-VPN

    BusinessJul 5, 2021, 9:22 AM IST

    Hit by rising fuel prices, India sources crude oil from Guyana

    India started exploring options after the Organization of the Petroleum Exporting Countries and its alliance partners (OPEC+) extended the production cuts which New Delhi had opposed. The development has led to a spike in fuel prices. 

  • oil prices soar opec deal freeze

    Sep 29, 2016, 3:46 AM IST

    Oil prices soar 6%, OPEC's 1st deal since 2008

    An OPEC meeting was held in Algiers to discuss the cut in output by the cartel to raising oil prices which have fallen by more than half since mid-2014