25 results found
There will be no respite from rising international oil prices, according to internationally renowned oil expert Dr. A.F. Alhajji. Delivering a lecture at Observer Research Foundation (ORF), New Delhi, on July 26, 2005,
The western sanctions imposed on Russia has affected the oil imports made by India and has therefore adversely impacted the economy.
Oil is critical to India as it imports almost two thirds of its need, constituting 37% of its total imports. A $1 drop in oil prices could approximately save 40 billion rupees. The drop in oil prices currently looks like a blessing for India, but there could be some downslides too in the long run.
The loss of output is the single, worst and most sudden of disruptions to oil market so far.
Russia’s move to reject production cuts is driven by its strategy of denying market share to U.S. shale producers
A roundtable discussion on the topic "The Impact of High Crude Oil Prices & Challenges in Pricing of Petroleum Products" was organised by Observer Research Foundation at New Delhi on August 14, 2006.
We really do not understand inflation stickiness in India since 2010. However, the silver lining is that oil prices may not rise any further following the shale gas revolution in the US. The Finance Minister can certainly do something about growth and possibly pray for lower inflation.
Efficiency of delivery by cutting red tape should be the top priority this year.
With India's annual inflation rate rising to a near four-year high on a point-to-point basis on the back of rising food prices, the search for policies to combat the price rise poses unusual challenges. The nature and causes of the current spiraling inflation in India has become a subject of intense debate, primarily because of the ostensible role of `imported inflation' in driving the domestic prices north. Issues like poor performance of the Pu
With the imposition of sanctions on Iran, India is left with two options: either find other avenues of oil imports or risk facing the US sanctions.
Crude oil prices are likely to head under US$ 90 per barrel, rather than exceed US$ 100 per barrel, notwithstanding daily fluctuations
Exports are in free fall. The import bill is increasing as oil prices continue to rise under international oil cartel's diktats. Fiscal anyone?
Upward trends in crude oil prices and inflation have made a further increase in taxes on petroleum prices unlikely.
Developing volatility in the aftermath of presidential elections in Gabon.
The recent shift by the Middle East prioritising geoeconomics over the Palestinian issue could suffer a setback. The crisis ignited by Hamas highlights that the gap between top-heavy policy decisions and groundswell public opinions, movements, and crisis points need to be addressed by regional powers to ensure long-term sustainability of economic cooperation programmes
As per the OPEC deal, Saudi Arabia, the world’s largest crude exporter and OPEC’s biggest producer and the de facto leader had to cut output by 4,86,000 barrels per day (bpd) to a ceiling of 1,00,58,000 bpd.
At a time when it is facing Western sanctions and a proxy war on oil prices, Russia sprang a huge surprise early this month by signing a gas deal with Turkey. The deal will enable Russia to pump natural gas into a Turkish hub, near the Turkey-Greece border and from there into the southern EU market.
This week the clash between Sri Lanka's executive and judiciary became public when the former refused to comply with the latter's direction to pass on the benefit of the internationally low oil prices to the customers by bringing down its cost to nearly Rs 100.
As high oil prices hit consumers, President Biden is compelled to change his stance toward Saudi Arabia and rekindle relations.
How have multiple domestic and foreign policy factors influenced the United Arab Emirates’ recent stance against Russia in the UNGA meeting?
Countries in the Gulf region are facing a proverbial perfect storm: oil demand falling to its lowest levels in decades, disagreements within the group of oil-exporting nations on supply cuts, and the COVID-19 pandemic. The plummeting of oil prices is affecting these countries’ fiscal positions, business sentiments, and economic growth. India has stakes in all this; after all, the country has strong economic, commercial and diaspora ties with th
Prolonged turmoil in the West Asia region could result in rising oil prices and interruption in India's trade with the region valued at $120 billion a year. India should have contingency plans in place to deal with unforeseeable consequences of a spreading conflagration.
