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
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
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 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
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
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
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
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
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
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
Petrol price was increased by 5 paise per litre and diesel 13 paise a litre across the country
29 Jun 2020 11:19 AM
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
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
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
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
The prospect of increased US crude production also kept a lid on gains on Friday
26 Jun 2020 9:25 AM
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
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
Global oil consumption has started to recover as economies emerge from lockdown
24 Jun 2020 10:03 AM
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