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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

Khaled al-Faleh said on Friday the global market has the capacity to absorb higher oil prices.

Market has capacity to absorb higher oil prices: Saudi minister

Faleh insisted the Organization of Petroleum Exporting Countries (OPEC) does not have a price target for oil.

20 April 2018 6:08 PM 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

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

Oil prices rise amid risk of supply disruptions

Brent crude oil futures LCOc1 were at $71.80 per barrel at 0120 GMT, up 38 cents, or 0.5 per cent.

17 April 2018 9:19 AM IST

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

India will work with China on OPEC's 'Asian Premium' issue: Pradhan

Sanjiv Singh will coordinate with the head of China National Petroleum Corporation.

15 April 2018 3:20 PM 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

Members of the Organisation of the Petroleum Exporting Countries (OPEC) are seeking a close balance between supply and demand, Khalid al-Falih said.

Saudi Arabia happy with oil market, won't let another glut form

The world's biggest exporter of oil will not sit by and let another supply glut surface.

11 April 2018 2:49 PM IST

Prime Minister Narendra Modi will address the CPSE Conclave at Vigyan Bhawan on Monday, according to an official statement.

Modi calls for responsible pricing for affordable energy to all

Modi said efforts at artificially distorting prices were self-destructing.

11 April 2018 11:31 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