Tuesday, Apr 23, 2024 | Last Update : 11:25 PM IST

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Market Page-8

Oil prices drop on demand recovery fears, OPEC+ easing expectations

The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend next level of cuts

14 Jul 2020 11:34 AM

Saudi Aramco cuts August heavier crude supply for Asian refiners

Buyers in India, China, Japan, South Korea and Taiwan were notified by Aramco over the weekend about the supply cuts

14 Jul 2020 9:16 AM

Gold ticks higher on worries over rising COVID-19 cases

Physical gold sold at a premium in India driven by plunging imports and a near halt in smuggling that offset impact of high unemployment

13 Jul 2020 9:04 AM

Oil slips as traders eye supply cut easing at OPEC meeting

Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three months since May

13 Jul 2020 9:02 AM

Oil prices cautiously rise on output cut support

The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week

07 Jul 2020 9:04 AM

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Oil prices mixed as virus spike casts shadow over demand

OPEC and allies including Russia have pledged to slash production by a record 9.7 million barrels per day (bpd) for a third month in July

06 Jul 2020 9:15 AM

Oil falls as growing coronavirus cases stoke fuel demand worries

Gasoline demand will be closely watched as US heads into its July 4 holiday weekend as many Americans are expected to hit the road

03 Jul 2020 9:17 AM

Oil prices slip on demand fears as virus cases surge

The EIA data showed that gasoline imports hit the highest level since last August and peaked the most on a seasonal basis in nine years

02 Jul 2020 10:30 AM

Jet fuel price hiked by 7.5%; petrol, diesel rates unchanged for second day

Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl in Delhi

01 Jul 2020 10:07 AM

Oil prices fall as weak Japan data exposes market jitters over fragile demand

Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a 5.6% decline

30 Jun 2020 8:54 AM

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Fuel prices hiked after a day’s pause; Petrol, diesel above Rs 80 in Delhi

Petrol price was increased by 5 paise per litre and diesel 13 paise a litre across the country

29 Jun 2020 11:19 AM

Chinese companies take record 50% of global equity raising in first half of 2020

China-based companies sold shares worth $32.1 billion in January-June including multi-billion-dollar secondary listings in Hong Kong

29 Jun 2020 9:49 AM

Oil falls in second straight session as virus cools demand

Even as higher oil prices prompt producers to resume drilling, number of operating oil and natural gas rigs dropped to record low last week

29 Jun 2020 8:50 AM

BREAKING NEWS: No hike in petrol, diesel prices after 21 days

Before the country entered the lockdown, average price of petrol and diesel in Delhi was Rs 69.60/ litre and Rs 62.30/ litre respectively

28 Jun 2020 1:05 PM

Fuel prices hiked for 20th day; Petrol, diesel price crosses Rs 80-mark in Delhi

Petrol price in Delhi was hiked to Rs 80.13 per litre from Rs 79.92 while diesel rates were increased to Rs 80.19 a litre from Rs 80.02

26 Jun 2020 11:12 AM

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Oil prices rise on demand recovery, despite surge in virus cases

The prospect of increased US crude production also kept a lid on gains on Friday

26 Jun 2020 9:25 AM

Fuel prices hiked for 19th day, diesel remains higher than petrol in Delhi

In 19 straight days, diesel price has gone up by Rs 10.63 per litre. Petrol price hiked on 18 occasions and now totals to Rs 8.66 a litre

25 Jun 2020 11:06 AM

India's oil imports in May sink to lowest in over 8 years

Indian refiners in April filled tanks with cheaper oil, sold extra cargoes to the federal government for strategic reserves

24 Jun 2020 10:29 AM

Oil prices slides as US crude stockpile growth heightens oversupply fears

Global oil consumption has started to recover as economies emerge from lockdown

24 Jun 2020 10:03 AM

Fuel prices rise on 17th day, petrol price hiked by 20 paise, diesel by 55 paise

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or value added tax

23 Jun 2020 11:40 AM

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