Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months
23 May 2020 9:22 AM
The small decline in orders in March is likely to give way to a collapse in investment across this quarter
20 May 2020 12:47 PM
The demand is expected to further pick up as more areas were opened up on Monday
04 May 2020 4:11 PM
Brent crude LCOc1 futures were up by 74 cents, or 1.1 per cent, to 65.59 by 0331 GMT, having earlier reached USD 66.00 a barrel.
20 Jan 2020 11:11 AM
Brent crude was down 13 cents, or 0.2 per cent, at USD 64.85 per barrel.
13 Jan 2020 11:48 AM
US oil added 61 cents, or 1 per cent, to USD 60.22 after falling nearly 5 per cent in the previous session.
09 Jan 2020 9:59 AM
Prices were also supported by higher compliance among the OPEC on meeting production quota curbs aimed at reducing supply.
07 Jan 2020 10:04 AM
Brent crude futures soared to a high of USD 70.27 a barrel at 0222 GMT, up USD 1.67, or 2.4 per cent.
06 Jan 2020 10:59 AM
Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.
03 Jan 2020 12:08 PM
Analysts said fresh bets created by participants kept crude prices higher in futures trade.
27 Dec 2019 2:30 PM
West Texas Intermediate was up 20 cents, or 0.3 per cent, at USD 61.31 a barrel.
26 Dec 2019 10:44 AM
India’s November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).
25 Dec 2019 10:55 AM
Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders.
20 Dec 2019 12:56 PM
Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak global cues.
18 Dec 2019 12:58 PM
Analysts said raising of bets by participants kept crude prices higher in futures trade here.
17 Dec 2019 1:08 PM
Marketmen said the fall in crude oil futures was mostly due to trimming of positions by traders in tandem with a weak trend overseas.
09 Dec 2019 3:25 PM
The fall in crude oil futures was mostly due to trimming of positions by traders, in line with weak global cues, analysts said.
06 Dec 2019 1:59 PM
The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil output.
06 Dec 2019 9:56 AM
On the Multi Commodity Exchange, crude oil prices for December delivery dropped by Rs 12, or 0.29 per cent, to Rs 4,157 per barrel.
25 Nov 2019 1:49 PM
OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.
15 Nov 2019 3:41 PM