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OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war

OPEC+ on Sunday agreed to increase oil production quotas for the second consecutive month, while cautioning that damage to energy infrastructure amid ongoing conflicts could disrupt global supplies for an extended period, AFP reported.The oil cartel decided to raise output quotas by 206,000 barrels per day (bpd) from May, with key producers including Russia, Saudi…

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At 83, Amitabh Bachchan says it’s disturbing for him to not work each day: ‘Living in anxiety is harmful for the mind’ | Hindi Movie News

Amitabh Bachchan is considered a living legend with a career spanning over six decades in the industry. Yet, at the age of 83, it’s the actor’s dedication and discipline towards work that leaves many inspired. In his recent blog post, the veteran actor opened up about how strongly routine influences his daily existence. Bachchan revealed…

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State-run oil firms to pay discounted refinery rates as fuel prices stay frozen despite crude surge

In a first since fuel price deregulation, state-run oil marketing companies (OMCs) have moved to pay discounted rates to refineries for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses arising from a self-imposed freeze on retail fuel prices, sources told PTI.OMCs on March 26 fixed rates for petroleum products at discounts…

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