Crude Oil Price Falls Away From Late-2014 Highs

Crude Oil Price Falls Away From Late-2014 Highs

Oil prices on Wednesday fell back from more than three-year highs reached the previous session as rising US fuel inventories and production weighed on an otherwise bullish market.

First growth in India’s natural gas production in six years

First growth in India’s natural gas production in six years

India’s natural gas production grew for the first time in six years in 2017-18. Gas output grew 2.35 per cent to 32,649 Million Standard Cubic Meter (MMSCM) primarily due to production from onshore blocks offsetting a decline in production from offshore blocks, an ETEnergyWorld analysis of fresh data from the oil ministry shows.

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