While prices have risen sharply since April as some countries started easing lockdowns put in place to combat worst pandemic in a century
07 May 2020 9:20 AM
India, the world’s third biggest oil importer, buys over 80% of its oil needs from overseas markets
05 May 2020 11:00 AM
Aviation turbine fuel price has been cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to Rs 22,544.75 per kl in the national capital
03 May 2020 12:16 PM
The Oil Fund had sold its contracts due to expire in June to move into longer-dated holdings amid fears about storage space
29 Apr 2020 8:40 AM
The main concern is that there is nowhere to store all the oil that is not being consumed due to the drop in global economic activity
28 Apr 2020 8:40 AM
Maruti was the top laggard in the Sensex pack, sinking up to 7 per cent
21 Apr 2020 10:34 AM
United States is reducing output as well and other countries are taking estimated cut in production to about 19.5 million barrels per day
14 Apr 2020 11:27 AM
Oil prices have dropped by about two-thirds this year as the COVID-19 pandemic has hammered demand
06 Apr 2020 10:17 AM
India's petrol sales have fallen 15.5 per cent in March, while diesel sale has slumped 24.2 per cent
05 Apr 2020 3:55 PM
The crash in crude oil prices is a blessing for the country
10 Mar 2020 10:55 PM
Thus, their net realisation and cash accruals will improve unless the extant under-recovery sharing formula is changed.
18 Sep 2019 1:36 AM
The fall in income comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing.
12 Aug 2019 1:40 PM
Tensions spiked between Iran and the West after Iranian commandos seized a British-flagged oil tanker in the Gulf.
30 Jul 2019 11:05 AM
Brent crude futures for September fell 21 cents to USD 66.51 a barrel.
15 Jul 2019 10:59 AM
Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output.
12 Jul 2019 10:01 AM
Reduction in Aviation Turbine Fuel rates will bring relief to cash strapped airlines.
01 Jul 2019 3:00 PM
OPEC+ members agreed to curb oil output by 1.2 million barrels per day from January 1.
28 Jun 2019 11:17 AM
West Texas Intermediate crude was up 70 cents, or 1.2 per cent, at USD 58.13 a barrel.
24 Jun 2019 2:21 PM
Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East
22 Jun 2019 1:39 PM
US West Texas Intermediate (WTI) crude was down by 32 cents, or 0.6 per cent, at USD 53.16 a barrel.
05 Jun 2019 9:04 AM