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A portion of Farzad-B field extends into territorial waters controlled by Iran’s regional arch-rival Saudi Arabia. Photo: Bloomberg<br />

ONGC faces a KG moment in Iran

1 min read . 22 May 2016
Explanations for the drop are many, ranging from an oil glut resulting from booming US shale oil production to a Saudi plot to make US shale unprofitable by driving down the price. Photo: <br />

When oil becomes optional

5 min read . 08 Dec 2014
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