Home » crude oil

You Searched For "Crude Oil"

The production of 8 core sectors had expanded by 2.6 per cent in July 2019. (PTI Photo)

Only the farmer bats for India as eight core sectors shrink 9.6%

Only the fertiliser industry continued to grow through the worst of the Covid months

31 Aug 2020 5:12 PM IST

Oil prices struggle to hold five-month high amid pandemic worries. (AFP Photo)

Oil prices struggle to hold five-month high amid growing demand fears

Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing...

6 Aug 2020 9:01 AM IST

Lower purchases of oil from the Middle East dragged OPECs share of Indian oil imports to a record low. (Photo: PTI/File)

Middle East's share of India's oil imports hits 25-month low

Asia's third-largest economy imported about 4.2 million barrels per day (bpd) of oil in May

24 Jun 2021 11:19 AM IST

With the Russia-Ukraine war getting prolonged, New Delhi has been looking at ways to soften the blow that it received in the form of three-digit crude oil price. (Representational image: Twitter)

Centre cuts windfall tax on domestic crude oil

The government has also cut the rate on export of diesel to Rs 5 per litre from Rs 8 per litre

16 Dec 2022 12:51 PM IST

White House press secretary Jen Psaki speaks during a press briefing at the White House, Friday, March 18, 2022, in Washington. (AP)

'Legit energy transactions of India should not be politicised'

The US said it is in touch with India on the matter and sent a thinly-veiled message

20 March 2022 6:55 AM IST

India has to keep focussing on competitive energy sources and it welcomes offers from all oil producers as geopolitical developments have posed significant challenges to the countrys energy security, sources said. (Representational Image/PTI)

India's legitimate energy transactions should not be politicised:...

Russia has made the offer to India and many other countries after the US last week banned all Russian oil and gas...

18 March 2022 11:37 PM IST

Trading in oil or the Black Gold as petroleum is known, is perhaps one of the most lucrative businesses one can get engaged in but before entering into it one must know the oil trading basics for beginners and best crude oil trading platform.

Abhijit Bhattacharyya | Why allow yuan payments for import of Russian...

Indian companies have begun to pay for the import of Russian crude oil not in the dollar

19 July 2023 12:00 AM IST

The first is the rising cost of crude oil, all set to breach the psychological $100 a barrel of Brent mark. (AP File Image)

AA Edit | Fuel, US Fed: Headwinds to economy

The cause for worry comes from other factors that will come into play despite India's comfortable position as a big and...

22 Sept 2023 12:00 AM IST

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.

Crude oil may derail economy

To slowdown foreign investment, increase inflation, balloon imports.

26 May 2018 12:34 AM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

OPEC, non-OPEC discuss around 1 mn bpd oil output rise: sources

OPEC and non-OPEC ministers meet next in Vienna on June 22-23, and the final decision will be taken there.

25 May 2018 1:49 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices drop on potential increase in OPEC output

International benchmark Brent futures were down 27 cents, or 0.34 per cent, at $79.53 per barrel.

24 May 2018 9:26 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Age Debate: Do we go for short-term gain?

With fuel prices rising, the government needs to cut its taxes to give citizens relief.

24 May 2018 2:05 AM IST