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The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Import of American crude oil to open 'new vistas' in India-US relation

Consignments of American crude oil left the US shores between August 6-14 and is likely to reach India in late...

17 Aug 2017 4:09 PM IST

The price of gas between October 1, 2015 and March 31, 2016 was USD 3.81 per mmBtu and USD 4.66 in prior six month period. (Representational image)

BPCL to venture into gas biz: CMD

BPCL clocked Rs 2.42 lakh crore revenue with a profit after tax at Rs 8,339 crore.

4 Aug 2017 12:40 PM IST

Indian Oil Corporation

IOC Q1 net profit dips 45 per cent on lower refining margins

IOC sold 20.736 million tonne fuel in the domestic market and 1.772 million tonne abroad during Q1 of 2017-18.

3 Aug 2017 2:38 PM IST

Indian Oil Corporation

IOC gets govt nod to buy US crude oil, continues to look at cheaper...

Shipping ministry has allowed India's largest oil firm to import one cargo of crude oil from US every month.

10 Aug 2017 2:31 PM IST

The market seems unwilling to push oil towards $50 a barrel ahead of the Thanksgiving holiday tomorrow.

Oil down on strong dollar, OPEC uncertainty

Brent crude futures settled at $47.24 a barrel, down $1.76 or 3.59 per cent.

26 Nov 2016 10:07 AM IST

Global benchmark Brent crude for July was down 31 cents at $51.74 a barrel by 11.13 GMT (7.13 am ET). US crude for June was down 24 cents at $49.09 a barrel.

Oil price may dip below $50

It's under pressure after growth in Chinese manufacturing slowed faster than expected.

2 May 2017 6:06 AM IST

The market seems unwilling to push oil towards $50 a barrel ahead of the Thanksgiving holiday tomorrow.

Oil prices climb on expectation of OPEC output cut

International Brent crude oil futures were at $49.22 a barrel, up 10 cents.

23 Nov 2016 7:39 AM IST

In recent days, several OPEC members including Iran, along with non-member Russia, have suggested they were leaning toward a deal to limit output.

Oil prices climb on expectation of OPEC output cut

Brent crude futures LCOc1 settled at $48.90 a barrel, up $2.04, or 4.4 per cent.

22 Nov 2016 7:35 AM IST

AN oil rig (Photo: Pixabay)

Oil prices fall after industry report shows stock build

US benchmark crude CLc1 was down 26 cents at $45.55 a barrel at 0208 GMT.

16 Nov 2016 9:23 AM IST

There are other major import items like crude oil, gold and precious stones which cannot be produced indigenously or are used for re-exports. (Representational Image)

Import items must be given importance

Annualised imports of electronics goods grew at a 24.56 per cent in January, 2017.

6 March 2017 6:20 AM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Clamour grows to bring petroleum under GST; J&K fires 1st salvo

GST is perhaps the most significant tax reforms post independence and will revolutionise the entire indirect tax system.

22 May 2017 1:40 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Oil prices to gain as supply cut brightens

The battle between bulls and bears is going on, says Expert.

20 May 2017 6:19 AM IST