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India still worried about rising crude prices: Jaitley

Last Updated: Friday, July 04, 2014, 12:15

India is worried about the impact of Iraq crisis on crude oil, though there were indications of moderation in prices in the last few days, Finance Minister Arun Jaitley said on Friday.

Oil holds above $114 on Iraq conflict

Last Updated: Wednesday, June 25, 2014, 10:42

Brent crude inched lower on Wednesday, but held close to a nine-month high above $114 a barrel as Sunni insurgents battled government forces for control of Iraq`s biggest refinery.

Oil refiners gain as Brent slips below $114

Last Updated: Tuesday, June 24, 2014, 15:07

India's oil retailers surge after Brent crude falls below $114 a barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence at OPEC's No. 2 producer.

Oil prices climb again amid escalating violence in Iraq

Last Updated: Saturday, June 14, 2014, 04:17

Crude oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest OPEC producer.

Iraq oil exports continue rebound in May: Ministry

Last Updated: Sunday, June 01, 2014, 23:27

Iraqi oil exports rose for a second consecutive month in May, figures showed Sunday, despite a northern pipeline remaining disabled and a central government row with the country`s Kurdish region.

Asia takes more Iran crude in Feb than nuclear deal allows

Last Updated: Monday, March 31, 2014, 13:44

In February, Iran`s four big Asian buyers imported an average of 1.37 million bpd of Iranian crude, up from 1.17 bpd a year ago.

Iraq oil exports hit 25-year high in February: minister

Last Updated: Sunday, March 02, 2014, 01:02

Iraq exported 2.8 million barrels of oil per day in February, a top minister said.

Iran`s Zarif plans India visit to revive ties: Report

Last Updated: Monday, February 24, 2014, 21:33

Iranian Foreign Minister Mohammad Javad Zarif will travel to India later this week as Tehran seeks to open a "new chapter" in relations with New Delhi, media reported on Monday.

Brent drops towards $106 on Iran pact; US data eyed

Last Updated: Wednesday, January 15, 2014, 12:47

Brent crude edged down towards USD 106 a barrel on Wednesday as the prospect of a rise in Iranian oil exports weighed, while investors looked ahead to weekly oil inventories data from the United States to assess supply.

US exempts India, China from Iranian sanctions

Last Updated: Saturday, November 30, 2013, 10:30

The US will continue to aggressively enforce sanctions over the next six months, as they work to determine whether there is a comprehensive solution that gives them confidence that the Iranian nuclear programme is for exclusively peaceful purposes.

Iraq oil exports plunge to 19-month low: Ministry

Last Updated: Monday, October 28, 2013, 08:39

Iraq's oil exports hit a 19-month low in September, oil ministry spokesman Assem Jihad said Sunday, attributing the decline to maintenance and improvement projects at the country's ports.

Iran offers India $1 bn sovereign guarantee for oil shipments

Last Updated: Tuesday, July 23, 2013, 22:02

Iran has offered to underwrite insurance for its vessels to keep oil exports to India flowing, after New Delhi asked for assurances to help halt a fall in shipments.