OPEC's share of India's oil imports fell at the fastest pace in 2022-23 to the lowest in at least 22 years, as intake of cheaper Russian oil surged and the major producers' share could shrink further this year.

OPEC's oil market share in Indian imports falls

US President Joe Biden has vowed 'consequences' for Saudi Arabia after last week the OPEC+ led Riyadh announced that they would cut oil production despite Washington's strong objections.

US President Biden vows 'consequences' for Saudi Arabia over OPEC oil output cut

OPEC and its allies led by Russia meet on Saturday to approve extending record oil production cuts and to push countries such as Iraq and Nigeria to comply better with existing curbs.

OPEC, Russia meet to extend record oil cuts

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OPEC's oil market share in Indian imports falls

US President Biden vows 'consequences' for Saudi Arabia over OPEC oil output cut

OPEC, Russia meet to extend record oil cuts