Friday, Mar 29, 2024 | Last Update : 08:30 PM IST

crude oil prices

Government: Exploring ways to check rise in fuel price

Hardeep Singh Puri said a proposal to bring petroleum products under the GST was taken up by the GST Council, but it 'did not find favour'

15 Mar 2022 6:57 AM

Indian Oil reports first quarterly loss in 4 years after surge in inventory losses

The fall in global prices impacted the group’s financial performance for January-March quarter as the company holds about 45 days inventory

25 Jun 2020 8:56 AM

Oil drops after jump in US crude stockpiles, renews oversupply concerns

Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase

10 Jun 2020 9:12 AM

Oil prices inch higher after OPEC+ extends output cuts to end-July

On Saturday OPEC+ agreed to extend the deal by a third month through end-July

08 Jun 2020 9:03 AM

Oil prices edge higher on surprise US stock drawdown, but demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns

14 May 2020 9:09 AM

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Oil falls amid concerns about second wave of virus, rise in inventories

Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a virus-induced demand slump

13 May 2020 8:29 AM

Consumers won't benefit from lower crude oil prices as govt hikes taxes on fuel

Taxes and duties on petrol and diesel were increased by 10 rupees/litre and 13 rupees/litre, respectively

06 May 2020 10:27 AM

Oil prices slide as US-China tensions offset virus hope

Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions

06 May 2020 8:42 AM

Oil prices jump as US stockpiles grow less than expected

The official start of output cuts agreed between Organization of Petroleum Exporting Countries (OPEC) and other major producers like Russia

01 May 2020 8:38 AM

Oil prices rise after US crude storage build slows

U.S. Energy Information Administration data showed U.S. crude oil inventories grew by 9 million barrels last week to 527.6 million barrels

30 Apr 2020 8:42 AM

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Oil falls on storage crisis as virus saps demand

Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide

27 Apr 2020 10:12 AM

US crude plunges to 20-year low as coronavirus hits demand

Oil markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus around the world batter demand

20 Apr 2020 9:40 AM

US senators urge Saudi officers to take concrete action to cut oil output

Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day

12 Apr 2020 9:39 AM

Oil skids on oversupply fears, stocks jump on virus slowdown

Brent crude fell as much as $3 in Asian trading after Saudi Arabia and Russia postponed a meeting over a potential pact to cut production

06 Apr 2020 9:31 AM

FMCG firms to report uptick in Q1 margins

Benign raw material prices, low media intensity to help.

11 Jul 2019 1:58 AM

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FII inflows, Fed rate decision to guide stock movement this week: Experts

Movement of foreign funds, rupee and oil would continue to play their part in market trend, according to analysts.

17 Mar 2019 1:05 PM

Rupee rises for 2nd day; up 21 paise to 70.28 vs USD on easing crude prices

Forex traders said heavy buying in domestic equities and robust foreign fund inflows also propped up the rupee.

06 Mar 2019 6:46 PM

Oil rises on OPEC-led supply cuts, but economic weakness weighs

Traders said oil markets were currently tightening.

01 Mar 2019 12:36 PM

Reserve Bank of India highlights inflation spike risk, signal rate hikes

Five of six MPC members had voted for keeping rates on hold at 6.50 per cent, surprising most economists.

22 Oct 2018 9:03 AM

Petrol, diesel prices witness dip across India

After a reduction of 21 paise the petrol price in the national capital settled at Rs 82.62 per litre.

18 Oct 2018 2:23 PM

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