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OPEC+ agrees to boost oil production by 547,000 barrels per day from September

Video Credit: euronews (in English) - Duration: 00:35s - Published
OPEC+ agrees to boost oil production by 547,000 barrels per day from September

OPEC+ agrees to boost oil production by 547,000 barrels per day from September

OPEC+ agrees to boost oil production by 547,000 barrels per day from September Eight OPEC+ countries meeting on Sunday agreed on a bump in oil production for September by 547,000 barrels per day.

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India's FIERY Response To Trump's Warning | India Stands Firm On Russian Oil [Video]

India's FIERY Response To Trump's Warning | India Stands Firm On Russian Oil

India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential for the country’s energy security, given its 85% crude import dependence. Officials emphasized that Russian oil is not under international sanctions and purchases comply with the G7/EU price cap mechanism, ensuring global markets remain liquid and prices stable. Sources argue that India's imports prevented oil prices from soaring above the March 2022 peak of $137 a barrel amid OPEC+ cuts. Meanwhile, reports of suspended purchases were dismissed, with officials highlighting the EU’s own high intake of Russian LNG. India insists its decisions are guided by national interest while contributing positively to global energy stability, even as Washington hints at possible penalties. #IndiaOilImports #RussianOil #TrumpTariffs #EnergySecurity #GlobalOilPrices #RussianCrude #OilTradeTensions #IndiaEnergyPolicy #USIndiaRelations #BrentCrude #OPECPlusCuts #PriceCapMechanism #RussianLNG #OilMarketStability #IndiaDefiesTrump #OilSupplyCrisis #GlobalEnergyCrisis #IndianRefiners #USRussiaTensions #OilImportsNews ~HT.410~GR.125~ED.103~

Credit: Oneindia    Duration: 03:16Published

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OPEC+ to raise oil production by 547,000 bpd; move aimed at reclaiming market share

The Voluntary Eight (V8) members of OPEC+ have agreed to increase oil production by 547,000 barrels...
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