Oil Problems
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India asks OPEC+ to fulfill promise of stable oil prices
Petroleum minister Dharmendra Pradhan said higher oil prices may suit some countries, but India required reasonable rates.
Scroll Staff
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Explainer: How on earth did oil prices plunge below zero?
And what does this mean?
Atif Kubursi, The Conversation
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Oil prices plunge to lowest level in a year because of fears of excessive supply
The prices have declined by more than 30% since reaching a high of more than $86 a barrel in early October.
Scroll Staff
Trending
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‘Knowing we’re mortal gives us purpose’: Nobel laureate Venki Ramakrishnan on his new book
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‘We are living in perpetual fear’: Prajwal Revanna video leaks spark panic among women in Hassan
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In Amit Shah’s Gandhinagar, three Lok Sabha candidates allege they faced pressure to withdraw
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‘Exhuma’ review: A grave holds secrets to a troubled Korean past
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Why is the 2024 Congress manifesto silent on pushing back against majoritarianism? History has clues
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Crude oil prices plummet over fears of supply glut
Prices in the United States plunged 7% to $55.69, marking the biggest one-day drop in three years.
Scroll Staff
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The global demand for oil has fuelled the world’s most dangerous black market
Illegal trade of oil and other hydrocarbons flourishes and poses serious environmental and security challenges.
Peri-Khan Aqrawi-Whitcomb, Morgan D. Bazilian & Cyril Widdershoven
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Major oil-producing nations agree to raise production from July
Oil prices had gone up after the Organisation of Petroleum Exporting Countries agreed to cut output in late 2016.
Scroll Staff
Video
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Eco India, Episode 259: How future-proof innovations can revolutionize the way we protect nature
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Video: What will it take to bring back peace to Manipur?
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‘Physical building of WhatsApp University’: Satire on viral video of Galgotias University students
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Watch: Meet Sparkles, the new avatar of Boston Dynamics’ robot dog with a special costume
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Watch: Diljit Dosanjh invites young fan on stage, dances with him during his sold-out Vancouver show
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Saudi Arabia’s crude oil exports to the US fall to 30-year low
This is part of the strategy of the Organization of Petroleum Exporting Countries to fight a worldwide oil glut, which caused prices to drop.
Scroll Staff
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The US is running out of space to store crude oil
Oil production in the country is at an all-time high, even though prices crashed from $107 a barrel in June 2014 to only $30 a barrel at present.
Scroll Staff
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Are crude conspiracies right? Research shows nations really do go to war over oil
Was Iraq really “all about oil”?
Petros Sekeris and Vincenzo Bove, The Conversation
The Reel
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‘Presumed Innocent’ trailer: Jake Gyllenhaal plays a lawyer accused of murdering his lover
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‘Lampan’ trailer: Marathi series is based on Prakash Narayan Sant’s stories
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Watch: ‘Murder in Mahim’ series is based on Jerry Pinto’s crime novel
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‘Women Of My Billion’ review: What happens when women get talking
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‘The Broken News’ S2 review: A competent second round of TV channel rivalry