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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.

Oil dips, but concerns persist about Iran supplies

Global benchmark Brent crude futures were down 13 cents, or 0.2 per cent, at $74.61 a barrel.

27 April 2018 8:42 AM IST

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

Brent oil prices hit highest since late 2014 on supply cuts

Brent was still at $74.89 a barrel at 0109 GMT, up 18 cents, or 0.2 per cent from its last close.

24 April 2018 8:33 AM IST

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

Oil near late-2014 highs as Saudi pushes for higher prices

Oil prices have the potential to rise another 15 per cent over the remainder of 2018.

19 April 2018 9:57 AM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Oil eases as Trump backtracks on imminent Syria strike

Brent crude was down 24 cents, or 0.3 per cent, at $71.78, and is up about 7 per cent for the week.

13 April 2018 10:56 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

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

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

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 prices drop on worries about oversupply

Brent crude oil was down 19 cents, or 0.3 per cent, at $72.87 a barrel, after settling down 1 cent.

24 July 2018 10:15 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Trade war risk, rising oil costs seen keeping rupee near record low:...

Rupee hit an all-time low of 69.09 per dollar last week and is the worst-performing currency in Asia this year.

7 July 2018 10:14 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.

Oil prices fall as Trump demands OPEC reduce pricing now'

OPEC together with a group of non-OPEC producers led by Russia started to withhold output in 2017 to prop up prices.

5 July 2018 9:45 AM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Oil prices edge higher as OPEC hints at deeper output cuts

US West Texas Intermediate (WTI) crude CLc1 had gained 16 cents or 0.3 per cent to USD 52.97 a barrel.

16 Oct 2019 12:13 PM IST