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The Business Standard

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December 13, 2025

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SATURDAY, DECEMBER 13, 2025

Global Oil Industry

Global Oil Industry

Emptier than we thought.Photographer: SeongJoon Cho/Bloomberg

Oil industry elite hits Singapore to debate crude’s next twist

Traders flock to city-state to attend annual APPEC conference

A man looks at the exhaust chimneys and pipes of the oil refinery of Ras-Tanura in Saudi Arabia on Sept. 3, 1990. JACQUES LANGEVIN/SYGMA/SYGMA VIA GETTY IMAGES

Saudi Arabia to take deterrent action to protect oil facilities

Rosneft intends to develop large oil reserves in the northern Ural region's tundra.Ruslan Shamukov / TASS

Oil hits 13-month highs as market rebalances

A fuel refilling station of Turkey’s Petrol Ofisi, which is used by its Dutch owner Vitol to procure second-hand cars and sell them while safely transitioning into a green future. Photo: Collected

The world’s biggest oil trader wants to buy your used car

Representational image. Photo: Collected

Oil industry placing risky bet on plastics: report

Photo: Reuters

Oil falls as US posts surprise rise in crude inventories

A general view of the gas field in Basra , Iraq, August 26, 2017. Picture taken August 26, 2017. REUTERS/Essam Al-Sudani

Iraq increases oil exports in July, still pumps above OPEC+ target

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

Iraq committed to improving compliance with OPEC+ cuts

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

OPEC has cut oil output by 1.25 mbpd in June, says Petro-Logistics

Picture: Reuters

Oil prices steady after Navarro walks back from market-jolting comments

Picture: Reuters

Oil prices hit by record US crude inventories, bearish Fed

The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego, California September 24, 2013. REUTERS/Mike Blake

Morgan Stanley flags risk oil price rally will lead to a fall

Photo: Reuters

Oil prices rise on OPEC+ cuts, record China imports

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