Oil Politics
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Hares and hounds: How India bought Russian oil without angering the US
Russia is now India’s top oil supplier.
Nachiket Deuskar
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Covid-19: Crude oil soars 5% after producers agree to ‘historic’ production cut to support prices
The OPEC+ cartel agreed to start with a cut of 9.7 million barrels per day in output from May 1 to June 30, followed by gradual relaxation until April 2022.
Scroll Staff
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OPEC agreement to cut oil production hits roadblock as Mexico opts out
Crude oil prices fell sharply on Friday after the deal did not go through.
Scroll Staff
Trending
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Expelled BJP Minority Morcha leader Usman Ghani arrested in Rajasthan
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Uttarakhand restricts sale of land for agriculture as locals protest tourism infrastructure boom
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Canada: Amid anti-immigration rhetoric, curbing international students is a knee-jerk reaction
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By mixing Carnatic and Hindustani, Mysore’s kings helped create a unique body of music
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‘Be freed from what holds you back’: Poems by Buddhist women from the Murty Classical Library
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Crude oil prices fall sharply as Saudi Arabia, Russia postpone meeting about pact to cut production
The prices of West Texas Intermediate and Brent crude traded over $3 lower before slightly recovering.
Scroll Staff
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Crude oil prices fall the most since start of 1991 Gulf War as Saudi Arabia-Russia price war begins
Saudi Arabia slashed its prices and said it would release its hoarded supply into a market affected by falling demand because of the coronavirus epidemic.
Scroll Staff
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Donald Trump’s Iran oil sanctions may severely damage India’s economy (and the world’s)
The United States has announced it will not renew the exemptions given to eight countries, including India and China, that enable them to buy Iranian oil.
Nafis Alam, The Conversation
Video
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Watch: K-Pop singer Aoora sings in Assamese as he collaborates with Nilotpal Bora in a new folk song
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Watch Anu Malik and Sonu Nigam’s impromptu performance of ‘Main Hoon Na’ at Farah Khan’s home
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Watch: Doordarshan newsreader faints on live TV in Kolkata owing to severe heat
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Watch: Spice Girls sing ‘Stop’ as bandmates reunite to celebrate Victoria Beckham’s 50th birthday
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Watch: Over 350 ballerinas come together to break the world record for standing on tip toes
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India says it is prepared to deal with US decision to end waivers on oil imports from Iran
Ministry of External Affairs spokesperson Raveesh Kumar said the Centre will continue to work with partner countries to secure India’s energy interests.
Scroll Staff
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Scroll Investigation: The curious case of Russian oil deals that benefited Essar, hurt ONGC
The transactions involve Kremlin-controlled Rosneft.
M Rajshekhar
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In Assam, Oil India Limited workers rise in protest against the entry of private companies
The protests have a strong subtext of sub-nationalism, evident in the active participation of several Assamese groups.
Arunabh Saikia
The Reel
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Aditi Rao Hydari on playing diverse characters: ‘I want the audience to take me home with them’
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The story of India’s unique ‘Milk Revolution’ is going to the Cannes Film Festival
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The story behind the ‘Kuch Kuch Hota Hai’ title track: ‘Just write very simple poetry’
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‘Juna Furniture’ review: A simplistic crusade against the neglect of senior citizens
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‘Late Night with the Devil’ review: A deft satire on the price of success
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As Qatar exit reiterates, OPEC has long been a divided house with little sway over global oil rates
OPEC has often been held back by division, disagreement and divergent interests.
Gregory Brew, The Conversation
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Oil prices rise nearly 1% as key producers decide to reduce supply from January
The quantum of reduction decided by OPEC members was larger than what the markets had expected.
Scroll Staff
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Qatar to withdraw from Organization of Petroleum Exporting Countries in January
The Gulf nation has been a member of the oil producers’ cartel since 1961.
Scroll Staff
The Field
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IPL 2024: Sanju Samson and Dhruv Jurel earn Rajasthan Royals easy win over Lucknow Super Giants
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Badminton, Thomas and Uber Cup 2024: Indian men beat Thailand in campaign opener; women beat Canada
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IPL 2024: Jake Fraser-McGurk’s whirlwind knock powers Delhi Capitals to win over Mumbai Indians
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Athletics, Asian U20 C’ships: Harshit Kumar wins hammer throw gold as India’s medal tally increases
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Archery, World Cup Shanghai: Indian compound archers sweep all three team event gold medals