GUWAHATI: International crude oil prices have fallen to levels last seen before the West Asia conflict that began in late-February 2026, offering some relief to India’s macroeconomic outlook and policymakers. ALSO READ: Kamrup Metro Targets Nearly 2 Lakh Children in Three-Day Pulse Polio Drive from June 28 Brent crude, the international benchmark, is currently trading…
GUWAHATI: Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Monday, 22 June, 2023, chaired the 12th Brainstorming Session on the future of India's oil and gas sector in Duliajan, Assam. The session brought together senior officials of the Ministry of Petroleum and Natural Gas (MoPNG) and the leadership of major energy…
GUWAHATI: Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on Thursday, June 11, expressed grief over the deaths of three Indian seafarers aboard the Palau-flagged oil tanker MT Settebello, which came under attack amid escalating tensions in the Gulf region. ALSO READ: Banned Ripening Chemical Hidden in Cartons Seized in Guwahati's Fancy Bazaar, 50…
GUWAHATI: Union Home Minister Amit Shah will attend the signing of a tripartite Memorandum of Understanding (MoU) between the Centre and the governments of Assam and Nagaland on Thursday, June 11, aimed at facilitating the exploration and production of crude oil and natural gas in areas along the inter-state border. ALSO READ: Nepal Has Not Banned…
GUWAHATI: A rapid recovery in crude oil production across West Asia, combined with strong output growth from non-OPEC producers and the possibility of a more aggressive production strategy by OPEC, is expected to push the global oil market back into oversupply in the latter part of 2026 once the Strait of Hormuz reopens, according to…
