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OPEC and non-OPEC oil producers will meet again this weekend in Austrias capital to discuss the details of last weeks agreement.

Oil prices edge up tighter supply outlook

OPEC to cut crude supplies from this month in an effort to end global oversupply that has dogged markets for over two...

4 Jan 2017 10:15 AM IST

Despite Opec sticking to its pledge to cut, inventories have continued to rise.

Fuel prices may dip on global cues

Indian basket of crude oil fell from around $ 55 a barrel on March 1 to $ 50 per barrel on Monday.

15 March 2017 4:40 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.

India's oil imports from Iran plunge over gas field row

India plans to order about a quarter less Iranian crude due to a snub over development of Iran's Farzad B gas field.

15 Jun 2017 4:48 PM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Non-Opec suppliers to raise output

Further, ramp-up of production from certain projects in Brazil, Canada, UK and Kazakhstan is expected to add the...

18 Dec 2017 12:41 AM 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)

Natural gas may be included in GST, to benefit ONGC

GST paid on inputs and services used for producing natural gas can be set off against taxes on its sale.

27 Jun 2017 2:46 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.

March crude oil output gets ONGC lift, grows modestly

Oil production for the all of 2016-17 is 2.5 per cent lower than 36.94 mt a year earlier.

25 April 2017 10:23 AM IST

OPEC and non-OPEC oil producers will meet again this weekend in Austrias capital to discuss the details of last weeks agreement.

Oil prices steady in run-up to Christmas

International Brent crude oil futures down 1 cent from their last close at $54.91 a barrel.

20 Dec 2016 7:52 AM IST

The decline was curbed by a weaker dollar and optimism that crude producers would abide by an agreement to limit output to prop up prices.

Rise in US crude inventories plunges oil prices

Libya hopes to add 270,000 barrels per day to its national production.

23 Dec 2016 1:27 AM IST

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

Oil prices up on weaker dollar, optimism on output cuts

Brent LCOc1 futures for February delivery climbed 17 cents to $54.63 a barrel, having previously finished 89 cents...

22 Dec 2016 7:59 AM IST

Sale of Cotton started well at Rs 5,500 Rs 6,000 per quintal but dropped to Rs 800.

Agriculture sector takes a hit

Price of cauliflower has fallen to Rs 5 while it sells at Rs 10 in retail.

5 Dec 2016 1:20 AM IST

OPEC and non-OPEC oil producers will meet again this weekend in Austrias capital to discuss the details of last weeks agreement.

Oil extends gains on hopes for non-OPEC output cuts

OPEC has agreed to slash production by 1.2 million bpd in the first half of 2017.

9 Dec 2016 7:35 AM IST

OPEC and non-OPEC oil producers will meet again this weekend in Austrias capital to discuss the details of last weeks agreement.

Oil prices rise on US crude stock decline

International Brent crude futures were trading up 4 cents at $53.04 a barrel.

8 Dec 2016 11:34 AM IST