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Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Govt mulls maiden overseas sovereign bond sale

The borrowing, however, would remain under the limit of the budgeted plan of Rs 6.06 lakh crore for the current fiscal.

12 April 2018 9:59 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 prices near 2014 highs over warnings of western air strikes...

Brent crude futures LCOc1 rose to $71.09 per barrel at 0104 GMT, up 7 cents from their last close.

11 April 2018 8:14 AM IST

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

Oil prices seesaw as US trade dispute with China rattles market

US WTI crude futures CLc1 were at $63.26 a barrel at 0031 GMT, down 16 cents, or 0.3 per cent.

10 April 2018 8:39 AM IST

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

Oil prices firm, but trade dispute and Syria keep market on edge

Oil prices fell about 2 per cent on Friday after US President Donald Trump threatened new tariffs on China.

9 April 2018 10:52 AM IST

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

Oil drops after US President Trump threatens new China trade tariffs

Brent crude LCOc1 for June delivery was down 32 cents, or 0.5 per cent, at $68.01 per barrel.

6 April 2018 10:32 AM IST

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

Crude oil futures up 0.68 per cent on global cues

At Multi Commodity Exchange, crude oil for delivery in current month rose by Rs 28 or 0.68 per cent.

5 April 2018 11:50 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Indian Oil plans USD 22 billion expansion over five years

IOC processed a record 1.38 million bpd crude at its directly owned plants in 2017-18.

2 April 2018 9:20 AM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

Oil prices drop on oversupply concerns as OPEC output increased in...

OPEC hiked production by 70,000 barrels per day (bpd) to 32.64 million bpd, the most this year.

31 July 2018 10:22 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

India loaded 12 pc less Iranian oil in June than in May

Indian refiners bought around 6,64,000 barrels per day (bpd) of Iranian oil in June.

31 July 2018 8:22 AM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil shuts unit at Haldia plant after small fire: source

The crude unit has been isolated and is expected to resume operation from Saturday, the source said.

27 July 2018 2:09 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil climbs after Saudi Arabia suspends shipments through Red Sea lane

Brent crude futures had risen 47 cents, or 0.6 per cent, to $74.40 a barrel, after gaining 0.7 per cent.

26 July 2018 10:05 AM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

India has taken note of US sanctions on Iran, says Dharmendra Pradhan

In 2017-18, India bought 22.6 million tonnes of crude oil from Iran, Pradhan said.

25 July 2018 5:15 PM IST