Centre aims to increase oil seed production to 70 million tonnes by 2031

Centre aims to increase oil seed production to 70 million tonnes by 2031

Image for representation | Photo Credit: Reuters The Union government has launched National Mission on Edible Oils–Oilseeds (NMEO-OS) with an outlay of Rs 10,103.38 crore to boost the domestic oilseed production to 70 million tonnes by 2030-31 from the current 39 million tonnes, Minister of State for Consumer Affairs, Food & Public Distribution Nimuben Jayantibhai Bambhaniya … Read more

Crude Oil की कीमत में उछाल, क्या आपके शहर में बढ़े पेट्रोल-डीजल के दाम? यहां चेक करें 23 नवंबर का रेट

Crude Oil की कीमत में उछाल, क्या आपके शहर में बढ़े पेट्रोल-डीजल के दाम? यहां चेक करें 23 नवंबर का रेट

अंतरराष्ट्रीय बाजार में कच्चे तेल की कीमतों में बढ़ोतरी देखने को मिल रही है. आज यानी 23 जुलाई 2024 की बात करें तो  ब्रेंट क्रूड 75.17 डॉलर प्रति बैरल जबकि  WTI क्रूड 71.24 डॉलर प्रति बैरल पर कारोबार कर रहा है. राष्ट्रीय तेल कंपनियों द्वारा हर रोज पेट्रोल-डीजल की कीमतें अपडेट की जाती हैं. भारतीय तेल कंपनियों के लेटेस्ट अपडेट के … Read more

Kent mum spends £24k a year on daughter’s cannabis oil

Kent mum spends £24k a year on daughter’s cannabis oil

A mother from Aylesham, Kent, who says she pays £2,000 a month for her daughter’s medicinal cannabis supply has called for greater access to the drug on the NHS. Emma Appleby said her daughter Teagan, 15, uses the drug to manage the daily seizures she suffers due to severe epilepsy. Medicinal cannabis became legal in … Read more

Big movers on D-Street: What should investors do with OIL, IOC and BPCL?

Big movers on D-Street: What should investors do with OIL, IOC and BPCL?

Equity indices declined over half a percent on Friday amid weak global market trends. The 30-share Sensex declined 453 points to settle at 72,643 and the Nifty dropped 123 points at 22,023. Stocks that were in focus included names like OIL, which fell 4.04%, IOC, which declined 5.25%, and BPCL, whose shares dropped 4.15% on … Read more

Oil pipeline bursts in Assam, one killed

Oil pipeline bursts in Assam, one killed

GUWAHATI A contractual employee was killed and four others were injured after a pipeline burst during repair work at a facility of Oil India Limited (OIL) in eastern Assam’s Dibrugarh district on Wednesday afternoon. Two of the injured were admitted to the Assam Medical College and Hospital in Dibrugarh while the other two were receiving … Read more

Oil prices remain under pressure on softening demand and oversupply worries

Oil prices remain under pressure on softening demand and oversupply worries

Crude oil witnessed a steep fall on demand worries and concerns over surplus supply. Prices remained averse after an underwhelming production cut initiated by OPEC plus countries in its latest meeting which ended on November 30. The US benchmark, NYMEX futures, slipped below $70 a barrel last week while its Asian counterpart, Brent crude, traded … Read more

Indian Oil to expand its LNG terminal at Kamarajar Port in Chennai

Indian Oil to expand its LNG terminal at Kamarajar Port in Chennai

IOCL, at present, stores gas in two tanks with capacities of 1,80,000 cubic metres each. File photograph | Photo Credit: JOTHI RAMALINGAM B   Indian Oil Corporation Ltd. (IOCL) has proposed to expand the capacity of its liquefied natural gas (LNG) terminal located inside the Kamarajar Port, in Ennore, Chennai. At present, the terminal has the capacity to process … Read more

Tension in West Asia: Where are crude oil prices headed?

Tension in West Asia: Where are crude oil prices headed?

Global oil prices held steady near $85 a barrel, but traders remain cautious following the eruption of violence between Israel and Hamas, which could potentially disturb the oil supply chain in the Middle East. Prices clocked one-year highs at the end of September, driven by worries about supply shortages after a surprise extension of voluntary … Read more

Oil prices ease as bearish China data fuels demand concerns

Oil prices ease as bearish China data fuels demand concerns

Oil prices eased in early trade on Wednesday as concerns over slow demand from top crude importer China grew after bearish trade data, outweighing fears over tighter global supply arising from production cuts by Saudi Arabia and Russia. Brent crude futures fell 17 cents, or 0.2%, to $86.00 a barrel by 0039 GMT. U.S. West … Read more