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Mr Putin said he expected the world oil market soon to be balanced.

Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

Brent futures had fallen to $63.65 a barrel down 19 cents, or 0.3 per cent, from their previous close.

28 Nov 2017 11:25 AM 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.

Oil prices may cap rupee rise

According to him, rise in domestic inflation is also likely to put further pressure on rupee.

20 Nov 2017 1:24 AM IST

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

Oil prices rise for first time in three days, but trade war drags

Brent crude futures had gained 47 cents, or 0.6 per cent, to $76.38 a barrel by 0441 GMT.

31 Oct 2018 11:38 AM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said. (Representational Image/AFP)

Oil prices drop as oversupply looms amid global market woes

The global benchmark is on course for a weekly loss of over 4 per cent.

26 Oct 2018 12:41 PM IST

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

Prime Minister Modi's fiscal may skid on high oil bill

The $125 billion import bill for the current financial year is high but it is still not the right estimate.

23 Oct 2018 10:49 AM IST

Prime Minister Narendra Modi during a meeting with the CEOs and experts from Oil and Gas sector, from India and abroad, in New Delhi. (Photo: PTI)

We only control supply: Saudi Arabia to PM Modi's warning to oil...

PM Modi appealed to top oil producers to help India bridge what he called resource crunch' - a fallout of rising crude...

16 Oct 2018 9:36 AM IST

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

No going back on fuel price deregulation: Oil Minister Pradhan

The combination of high international oil prices and a depreciating rupee has made imports costlier.

8 Oct 2018 3:48 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Fiscal slippages to have adverse bearing on inflation, markets: RBI

Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.

5 Oct 2018 5:22 PM IST

Im not a drinker and I can honestly say I never had a beer in my life -- its one of my only good traits, Trump joked at a long, rambling press conference. (Photo: AP)

Thank you, but let's go lower', says Trump as Saudi Arabia lowers oil...

'Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! USD 54, was just USD 82,' Trump...

22 Nov 2018 9:45 AM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

Oil prices rise after Saudi Arabia announces production cuts

Oil prices advanced steadily through Monday, with both Brent Crude and West Texas Intermediate seeing gains of more than...

12 Nov 2018 5:00 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.

Crude oil falls below $70 as global supplies rise

Higher oil production, global trade woes maul crude bulls.

10 Nov 2018 1:13 AM IST

I told them (troops) consider it (a rock) a rifle. When they throw rocks like they did at the Mexican military and police, I say consider it a rifle. Trump told journalists. (Photo: AFP)

Temporary exemptions to some nations to keep oil prices down: Trump on...

The US on Monday imposed 'the toughest ever' sanctions on a defiant Iran aimed at altering the Iranian regime's...

6 Nov 2018 9:20 AM IST