By Sarkaritel June 4, 2022 05:18



” New Delhi : As part of ‘Azadi Ka Amrit Mahotsav’ – to celebrate 75 years of Independence, REC Limited, a public infrastructure finance company under the Ministry of Power organized a ‘Bijli Utsav’ on 03rd June 2022 in Dadogi village of Solan district and adjoining villages in Himachal Pradesh. Govind Ram Sharma, ex-MLA Arki, Kanta Devi, Pradhan, Dadogi Village, M. S. Guleria, SE Solan, HPSEBL and Ranjit Ranjan, CPM, REC Shimla graced the event with their presence.” :

” New Delhi : To spread awareness on cleanliness as part of ‘Swachh Bharat Abhiyan’ and to reiterate its dedication towards the Government of India’s mission for Swachh Bharat, REC Limited, a Navratna public infrastructure finance company under the Ministry of Power celebrated “Swachhta Pakhwada” across all its offices from 16th – 31st May, 2022. Various activities were conducted during the fortnight.” :

” Neyveli, Tamil Nadu : Union Minister of Coal, Mines and Parliamentary Affairs, Pralhad Joshi, undertook his maiden visit to NLC India Limited at Neyveli on 3rd and 4th June, 2022. Minister was given a warm welcome by Rakesh Kumar, CMD, Functional Directors and Senior Officials of NLC India Limited on his arrival at Neyveli.” :

Coal minister Pralhad Joshi visits NLC India Limited

New Delhi : The Navratna Government of India Enterprises hosts Hon’ble Union Minister of Coal, Shri Pralhad Joshi today. He visited Neyveli’s Mine-I, Eco-park, Boating Facility, and Township View Point. :

Coal Ministry expects operationalization of 58 Coal Blocks During 22-23

New Delhi : The Ministry of Coal has allocated coal blocks for captive end use and sale of coal / commercial mining. 85.32 Million Tonnes of coal has been produced in FY-2021-22 from the 47 operational coal blocks. :

NTPC, Vedanta and 14 others issued notices for delay in operating mines

New Delhi : The government on Friday said it has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco, for delays in operationalisation of coal blocks. : Business Standard

PowerGrid conferred with two awards under CSR initiative

New Delhi : PowerGrid has been conferred CSR WORLD LEADER 2022 and International CSR Excellence Award 2022 for its CSR initiative of Improving Rural Livelihoods and Protecting Environment through farmer-centric Integrated Watershed Management presented by The Green Organisation in London, UK. :

NTPC inks MoU with MECON to strengthen infra facility at coal mines

New Delhi : NTPC Ltd has signed an MoU with MECON Ltd. for consultancy and project management services for its coal mines. The pact will further help in strengthening the infrastructure facilities at the NTPC coal mines :

NTPC Floats BoS Tender for 1,255 MW of Solar Projects in Gujarat

New Delhi : NTPC Renewable Energy (NTPC Renewables) has invited bids for the balance of system (BoS) package for 1,255 MW (3*315 MW+1*310 MW) of solar projects at the Khavda Renewable Park in the Kutch district of Gujarat. :

Govt asks CIL to be ready to import 12 mn tonnes of coal for power utilities

New Delhi : The government has directed state-owned CIL to be prepared to import 12 million tonnes (MT) of coal for power utilities for the next 13 months. The state gencos and independent power producers have sought time till Saturday afternoon to figure out the quantity of coal they require and the import orders would be placed by Coal India NSE -0.61 % very soon, a source said. : Economic Times

Coal India to issue two tenders for imported coal to address local shortage

New Delhi : Coal India, the world’s largest coal miner by output, will issue a short-term and a medium-term tender next week to import coal for utilities, two senior officials at the company said, as shortages raise concerns about renewed power outages. : Economic Times

EV maker Omega Seiki Mobility joins hands with Grip Invest, plans to lease 5,000 electric vehicles by 2023

New Delhi : EV maker Omega Seiki Mobility has formed a strategic partnership with Grip Invest for lease financing to retail investors, in a bid to cater to the growing demand of electric vehicles in the last-mile delivery segment. : Economic Times

ReNew to acquire 528-MW renewable assets; signs PPA with Maha Govt to supply green energy

New Delhi : ReNew Power on Thursday said it is acquiring wind and solar assets totalling 527.9 megawatts (MW) in various states. It has also entered into an agreement with the Maharashtra government for the supply of 200 MW of green power, the company said in a statement. : Economic Times

Solar companies  hit  upon  novel  way to defer duties on modules

New Delhi : Indian solar power developers have hit upon a novel way to defer payment of steep import duties on cells and modules that took effect on 1 April, by declaring their plants as “customs bonded warehouses,” two people aware of the development said. : Mint

Essar sells Mahan-Sipat transmission line to Adani for Rs 1,913 cr

New Delhi : Essar Power Transmission Company (EPTCL) has entered into a definitive agreement with Adani Transmission (ATL) to sell one of its two transmission lines at an enterprise valuation of Rs 1,913 crore. : Business Standard

Coal crisis: Government directs gencos to import coal on time

New Delhi : India’s coal crisis is far from over, as power ministry, in its fresh directive, warned Gencos to place their indents with Coal India Limited (CIL) on time or their coal allocation will be further reduced to 60%. : New Indian Express

SJVN Felicitated as Investor Partner in UP during Investor Meet

New Delhi : SJVN has been felicitated by the Government of Uttar Pradesh for investing more than 1000 Crore in the state, during the 3rd Investor Meet Ground Breaking Ceremony. The event was chaired by the Prime Minister of India, Shri Narendra Modi. :

We Should Soon Witness Large Solar+Storage Offgrid Setups In India

New Delhi : The electric mobility space has been a hotbed for startups, who saw the opportunity in the green transition. :

Suzuki Buys RE From ReNew Power For Indian Plant

New Delhi : Suzuki Motor has begun to buy wind and solar power for its plant in Gujarat from ReNew Power. :

Renewables To Constitute 33% of China’s Electricity By 2025

New Delhi : China’s planning agency has formulated a new five year plan for the development of renewable energy. :

Zinc–air Battery Technology By IIT Madras Hopes to Challenge Lithium-Ion ones

New Delhi : Researchers at IIT Madras are in the process of developing a new kind of zinc – air battery technology. :

Offshore Wind Majors Launch Joint Industry Project For Floating Wind Installs

New Delhi : Aimed at improving technology development for floating offshore wind substations, a new Joint Industry Project. :

540 MW Boralex Solar Farms & 77 MW of Storage To Add To New York Renewable Power

New Delhi : Quebec, Canada based Boralex Inc. has announced five solar farms totaling 540 MW of generation and 77 MW of storage. :

Engie, Google Cloud To Seek More Efficient Wind Energy Through AI Based Solutions

New Delhi : In a fresh development French utility Engie has signed a partnership with Google Cloud for the development. :

Daily News Wrap-Up: Reliance Merges its Renewable Energy Arm Into the Company

New Delhi : Reliance Industries announced the amalgamation of its wholly-owned subsidiary Reliance New Energy Limited (RNEL), into the company. :

ReNew Power to Acquire Over 500 MW of Wind and Solar Projects

New Delhi : Independent power producer ReNew Power has signed definitive agreements to acquire over 500 MW of operating wind and solar assets. :

Consultancy Tender Issued for a 50 MW Solar Project in Jharkhand

New Delhi : Tenughat Vidyut Nigam has invited bids from consultants to prepare a detailed project report (DPR) to set up a 50 MW ground-mounted grid-connected solar power plant at Tenughat Thermal Power Station at the Bokaro district in Jharkhand. :

Inox Wind raises over Rs 400 cr by issuing equity shares, convertible warrants

New Delhi : Inox Wind on Friday said it has raised over Rs 400 crore by issuing equity shares and convertible warrants. In a regulatory filing, Inox Wind said it has completed the allotment of equity shares and convertible warrants worth Rs 402.50 crore on June 2, at an issue price of Rs 126 and Rs 132, respectively. : Economic Times

German energy grid needs, citizen interests to be weighed carefully: regulator

Berlin, Germany : The need to push ahead with upgrading Germany’s energy grid infrastructure must be weighed carefully against the right of citizens to influence planning procedures, the head of the regulatory authority, Klaus Mueller, said on Thursday. : Economic Times

South Africa’s Harmony Gold starts construction of three 10 MW solar photovoltaic Plant

New Delhi : South African miner Harmony Gold said on Thursday it had started construction of three 10 megawatt solar photovoltaic plants as part of its environmental, social and governance (ESG) programme. : Economic Times

Panasonic finalising choice of US state for battery plant: exec

Tokyo, Japan : Japan’s Panasonic Holdings Corp , which makes batteries for electric car maker Tesla , is finalising a decision on which US state it will choose as the site for a new battery plant, a top executive said on Friday. : Economic Times

Regulatory support, charging infra can help faster EV adoption in India: Kia

New Delhi : Regulatory support in terms of incentives for personal segment and standardisation of charging infrastructure can help in the faster adoption of electric vehicles in the country, a top Kia India official said on Thursday. : Economic Times

UAE-Egypt consortium set to buy African renewables firm Lekela: sources

New Delhi : A consortium of Abu Dhabi’s Masdar and Egypt’s Infinity Energy is set to buy a majority stake in Lekela Power from private equity house Actis, three sources directly linked to the sale said, in a deal that could be worth close to $1 billion. : Economic Times

SBI, 15 others sell over ₹8,000-crore Suzlon loans to REC and IREDA

New Delhi : A group of 16 banks led by the State Bank of India (SBI) have sold more than ₹8,000 crore of Suzlon Energy loans to the Rural Electrification Corp (REC) and the state-owned Indian Renewable Energy Development Agency (IREDA), cleaning up their books of an account that has been a drag for nearly a decade and a half. : Economic Times

Government gives gencos time till Friday to begin process for coal imports

New Delhi : Domestic power producers have time till Friday to place orders for import of coal, failing which they will be allocated only 70 per cent of their requirement by the government, according to an official notification. : Economic Times

Stellantis secures lithium supply from California for EV batteries

New Delhi : Stellantis NV has secured lithium essential for its electric vehicle production in North America from a project in California, as carmakers worldwide scramble to secure supply of the battery metal key to the electric vehicle revolution. : Economic Times

300 electric mini-buses on feeder routes for green ride in Delhi

New Delhi : In a first, Delhi government is going to deploy 300 electric mini-buses on small feeder routes where the 12m-long Delhi Transport Corporation (DTC) and Cluster Scheme buses can either not enter easily or where it is not economical to run bigger buses. : Economic Times

For second consecutive year, Nepal exports surplus electricity to India

Kathamandu, Nepal : Buoyed by surplus rainfall this year, Nepal is exporting surplus electricity to India through its power exchange market for the second consecutive year, state-owned power utility body, the Nepal Electricity Authority (NEA) has said. : Economic Times

Nashik transport utility to roll out 50 e-buses over 5 years

Nashik : The Nashik Mahanagar Parivahan Mahamandal Ltd (NMPML), the transport utility of the Nashik Municipal Corporation (NMC), is planning to roll out electric buses on city roads. : Economic Times

Essar Power to sell transmission asset to Adani for Rs 1,913 crore

New Delhi : Essar Power Limited, has entered into a definitive agreement with Adani Transmission Limited (ATL) to sell one of its two transmission lines for Rs 1,913 crore, the companies said Friday. : Economic Times

Power sector coal import comes down by 40 per cent

New Delhi : The coal ministry on Thursday said that coal imports, which had reached a peak of 248 million tonne (MT) in 2019-20, declined continuously during the next two years to 215 MT in 2020-21 and further to 209 MT in 2021-22. : Economic Times

Gencos told to begin coal import process

New Delhi : The Centre has directed power generation companies to start the process of coal imports by Friday. : Mint

India one of few nations that have delivered on climate action commitments: Bhupender Yadav

New Delhi : India is one of the few nations that have delivered on their climate action commitments and are increasing the use of renewable energy going forward, Union Environment Minister Bhupender Yadav said on Thursday. : Economic Times

Kia to invest over Rs 2,000 crore in India market for electrics

New Delhi : Korean carmaker Kia has said that it will invest over Rs 2,000 crore in India for making electric cars and set up a battery manufacturing facility as the company drives in green cars in line with the government’s focus on sustainable mobility. : Economic Times

Essar sells transmission line to Adani at ₹1.9k crore EV

New Delhi : Adani Transmission Ltd (ATL) has signed a definitive pact with Essar Power Ltd to buy 673 circuit kilometres (ckt km) operational inter-state transmission project owned and run by Essar Power Transmission Ltd at an enterprise value (EV) of ₹1,913 crore. : Mint

Mukesh Ambani surpasses Gautam Adani, becomes Asia’s richest man again

New Delhi : Mukesh Ambani on Friday regained his spot as Asia’s richest man, surpassing his rival Gautam Adani, as a report said that the difference between the two billionaires was ‘just $1 billion’. : Business Standard

SJVN to invest over Rs 1,000 cr in 3 solar projects in UP, says CMD Sharma

New Delhi : Power producer SJVN will invest over Rs 1,000 crore to set up three renewable energy projects in Uttar Pradesh. The company’s CMD Nand Lal Sharma said two solar projects with a capacity of 75 MW each will be set up at villages Parasan and Gurha in district Jalaun. : Business Standard

POSOCO & IMD signs MoU for better electricity grid management

New Delhi : National grid operator POSOCO signed a memorandum of understanding with India Meteorological Department (IMD) on Friday where both the parties agreed that weather information provided by IMD will be used by the Power System Operators across India for better management of Indian Power System and for the purpose of analysis. :

SJVN Observes World Environment Day 2022

Shimla : SJVN celebrated the World Environment Day at its Corporate Headquarters today at Shimla. Smt. Geeta Kapur Director (Personnel), administered oath on Environment Conservation to all employees in the benign presence of Sh. S.P. Bansal Director (Civil). The theme for celebrations of the current year is Only One Earth. :

Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy

New Delhi : Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range. :

Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy

New Delhi : Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. :

SECI Extends Commissioning Date For UPC backed Masaya Solar Project

New Delhi : The Central Electrical Regulatory Commission ordered petitioner Masaya Solar Energy Private Limited. :

ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW

New Delhi : Renewably energy player ReNew Power has announced that it has signed definitive agreements. :

Jakson Group Commissions Biggest Standalone Solar Project in Assam, 70 MW Amguri Solar Park

New Delhi : Jakson Group, one of the leading energy solution companies, completed the first-ever Solar Park projct in Assam. :

Canada, India Sign MoU On RE, Leave Coal Problem For A Deal In Future

New Delhi : Canada and India signed an Memorandum of Understanding on Thursday to mutually cooperate to make Renewable Energy. :

Bids Invited to Empanel Consultants for Renewable Energy Projects Across India

New Delhi : REC Limited has invited bids to empanel project management agencies for renewable energy projects across India for two years. :

Bids invited to Set up a 10 MW Grid-Scale Battery Energy Storage System in Haryana

New Delhi : Dakshin Haryana Bijli Vitran Nigam (DHBVN) is seeking expression of interest (EoI) from any Indian or global company or their consortium, affiliates, or representatives for setting up a grid-scale battery energy storage system (BESS) with a capacity up to 10 MWh at 33 KV sub-stations in the jurisdiction of DHBVN. :

FDI in Indian Renewable Sector Up by 100% to $1.6 Billion in FY22

New Delhi : Foreign direct investment (FDI) in India’s renewable energy sector stood at $1.6 billion (~₹121.05 billion) in the financial year (FY) 2021-22. :

Bids Invited for 5 MW of Residential Rooftop Solar Systems in Puducherry

New Delhi : Electricity Department, Puducherry, has invited bids to empanel vendors to install 5 MW of grid-connected rooftop solar systems on residential buildings under Phase II of the grid-connected rooftop solar program of the Ministry of New and Renewable Energy (MNRE). :

Oil and Gas

Solid cash flow to support ONGC’s higher investments: S&P

New Delhi : Riding on the back of surge in global energy prices, state-owned Oil and Natural Gas Corporation (ONGC) should have a solid base to increase investments over the next 12-18 months on account of healthy earnings, S&P Global Ratings said on Friday. : Economic Times

Cairn Oil & Gas to convert its Mangala pipeline to solar power by 2025

New Delhi : Cairn Oil & Gas on Friday said it is converting its Mangala pipeline to solar power and has initiated a project to install rooftop solar photovoltaic on the area of above ground installations (AGIs) in a phase-wise manner. : Economic Times

EU formally approves embargo on Russia oil

New Delhi : The European Union on Friday formally approved an embargo on Russian oil and other sanctions targeting major banks and broadcasters over Moscow’s war on Ukraine. EU headquarters says Russian crude oil will be phased out over six months, and other refined petroleum products over eight months. : Economic Times

West Bengal depot gets first CNG station in major push for cleaner fuel

Kolkata : Bengal transport minister Firhad Hakim on Wednesday inaugurated a CNG station at Kasba West Bengal Transport Corporation depot which paved the way for faster conversion from dirty fuel diesel to clean fuel CNG for public transport. This is the seventh CNG station in the city, but the first one at any of the bus depots across Bengal. : Economic Times

Brazil’s Petrobras raises jet fuel prices by 11 per cent

New Delhi : Brazilian state-run oil company Petrobras increased jet fuel prices by roughly 11 per cent in several locations from Wednesday, data published on the firm’s website showed on Thursday. : Economic Times

As gas prices soar, Joe Biden likely to visit Saudi Arabia

Washington : President Joe Biden is likely to visit Saudi Arabia later this month as part of an international trip for Nato and Group of Seven meetings, according to people familiar with the matter, with record high US gas prices weighing on his party’s political prospects. : Economic Times

South Africa court to rule on Shell offshore oil exploration

New Delhi : A South African court is to rule on efforts to stop British oil giant Shell from conducting any further seismic surveys in the country’s Indian Ocean waters to explore for offshore oil and gas deposits. : Economic Times

Oil prices steady on doubts OPEC+ can make up Russian deficit

New Delhi : Oil prices were roughly unchanged on Friday, clinging to gains made in the previous session on doubts that producers belonging to OPEC+ can hike their crude output enough to make up for lost supply from Russia. : Economic Times

Ford to invest $3.7 bln for production of EVs, gas-powered vehicles

New Delhi : Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of both electric and gasoline-powered vehicles. : Economic Times

JPMorgan CEO Jamie Dimon’s $175 a barrel oil price prediction is hyperbole

New Delhi : JPMorgan Chase chairman and chief executive officer Jamie Dimon says he expects the price of oil to go up — all the way up to $175 a barrel. : Mint

OPEC+ brings forward oil output rises as Joe Biden’s Saudi visit looms

New Delhi : Saudi Arabia and other Opec+ (Organisation of the Petroleum Exporting Countries) states agreed to bring forward oil production rises to offset Russian output losses to ease surging oil prices and inflation and smooth the way for an ice-breaking visit to Riyadh by US President Joe Biden. : Business Standard

Oil prices gain slightly after Opec+ agrees to increase production

New Delhi : Oil rose higher on Friday, supported by expectations that OPEC’s decision to increase production targets by slightly more than planned won’t much affect tight global supply and by rising demand as China eases COVID restrictions. : Business Standard

Mukesh Ambani surpasses Gautam Adani, becomes Asia’s richest man again

New Delhi : Mukesh Ambani on Friday regained his spot as Asia’s richest man, surpassing his rival Gautam Adani, as a report said that the difference between the two billionaires was ‘just $1 billion’. : Business Standard

OPEC backs bigger output boost amid Russian isolation

New Delhi : Major oil producers led by Saudi Arabia and Russia on Thursday decided to open taps wider than expected amid soaring prices and hard on the heels of an EU ban on Russian oil imports. : Hindu

Petrol, Diesel Prices Fall Sharply after Excise Duty Cut; Check Fuel Rates Today

New Delhi : Petrol and diesel prices remained unchanged for the twelfth consecutive day on Friday. Finance minister Nirmala Sitharaman had announced a reduction in excise duty on petrol by a record Rs 8 per litre and on diesel by Rs 6 per litre on May 21. :

Crude oil futures decline on low demand

New Delhi : Crude oil futures on Friday declined by 0.38 per cent to Rs 9,011 per barrel as participants trimmed their positions on low demand. : Economic Times

South Korean companies to build $1 bln green hydrogen plant in UAE

Dubai : Three South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates, their UAE partner said on Friday. : Economic Times

Norway oil and gas workers threaten strike, but would not initially hit output

Oslo : Some 573 members of Norway’s Industri Energi oil and gas union plan to go on strike from June 12 onwards if state-brokered mediation with employers fail, but output would initially remain unaffected by a conflict, the trade union said on Friday. : Economic Times

US Interior must weigh climate impacts of oil, gas leasing: settlement

Washington : The Biden administration must thoroughly analyze the climate impacts of oil and gas leasing on nearly 4 million acres (1.6 million hectares) of federal land in five states before drilling can take place, according to legal settlements reached late Wednesday. : Economic Times

Rosneft appoints Mandarin speaker to lead company’s global trading: sources

New Delhi : Rosneft appointed a Mandarin-speaker to head global trading operations, six sources told Reuters on Thursday as Russia’s top oil producer seeks to deepen ties with Asia after Western sanctions forced it to pivot away from Europe. : Economic Times

AG&P Pratham plans to set up 11 CNG stations in Ramanathapuram

New Delhi : AG&P Pratham, the city-gas distribution arm of Singapore-based (Atlantic Gulf and Pacific) AG&P Group has drawn up plans to set up 11 compressed natural gas (CNG) stations and provide piped natural gas (PNG) supply in Ramanathapuram district over the next eight years. : Economic Times

OPEC+ agrees to significant oil output increases in July

Vienna : The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, has agreed to significant oil output increases in July amid calls for the alliance to help contain the surging oil prices. : Economic Times

Not India-related issue: MEA on procurement of Russian crude oil

New Delhi : India once again asserted on Thursday that its procurement of crude oil from Russia is guided by its energy security requirements. Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi said many countries have taken policy decisions with a similar perspective and procurement of oil from Russia is not an India-related issue. : Economic Times

LPG subsidy only for poor, no respite from record price for others

New Delhi : LPG subsidy will be given only to poor households with ‘Ujjwala’ connections and all others will have to pay market price but the government is likely to continue to keep fuel prices in check. : Economic Times

Oil prices down marginally as OPEC+ alliance decides to boost output

New Delhi : Crude oil prices fell marginally in early deals on Friday, a day after the Organization of the Petroleum Exporting Countries (OPEC) and its allies decided to increase output. : Mint

Oil prices steady on doubts OPEC+ hike can make up Russian deficit

New Delhi : Oil prices were roughly unchanged on Friday, clinging to gains made in the previous session on doubts that producers belonging to OPEC+ can hike their crude output enough to make up for lost supply from Russia. : Business Standard

Other countries facing steep inflation as compared to India: Hardeep Puri

New Delhi : Union Minister Hardeep Singh Puri on Thursday said that other countries are facing very steep inflation as compared to India currently. : Business Standard

LPG Subsidy Rule Change: Who Are Eligible, How Much Subsidy You Will Get, Other Key Details

New Delhi : LPG subsidy is available only for limited beneficiaries and the rest of the users will have to pay the market price, Oil Secretary Pankaj Jain has said. He added that no subsidy is paid on cooking gas since June 2020 and the only subsidy that is provided is the one that Finance Minister Nirmala Sitharaman announced in March. :

OPEC+ raises output faster than expected as Russia’s war roils global energy markets

New Delhi : OPEC and its oil-producing allies agreed on Thursday to hike output in July and August by a larger-than-expected amount as Russia’s invasion of Ukraine wreaks havoc on global energy markets. :

Petrol and diesel prices rise marginally in Bhubaneswar

Bhubaneswar : The petrol and diesel prices increased in the capital city Bhubaneswar on Friday. The petrol price has been recorded at Rs 103.19 per litre while the diesel rate has been recorded at Rs 94.76 per litre today. :

Oil Little Changed After OPEC+ Agrees To Boost Output

New Delhi : Oil prices were little changed after erasing early losses on Thursday after OPEC+ agreed to boost crude output to compensate for a drop in Russian production. :

By Sarkaritel June 4, 2022 05:18