oil

North Korea has asked for oil to refuel ferry carrying Olympics delegation - South Korea

North Korea has asked for oil to refuel ferry carrying Olympics delegation - South Korea

North Korea has asked South Korea to provide oil to refuel a ferry carrying its Olympics delegation, Seoul`s Unification Ministry said on Wednesday. 

Feb 07, 2018, 10:06 AM IST
Petroleum Ministry asks oil companies to rationalise prices of commercial LPG cylinders

Petroleum Ministry asks oil companies to rationalise prices of commercial LPG cylinders

The order aims to ensure that commercial cooking gas is not sold at a price lower than domestic non-subsidised cooking gas.

Dec 29, 2017, 12:55 PM IST
Oil steadies above $62 per barrel, expected fall in US inventory supports

Oil steadies above $62 per barrel, expected fall in US inventory supports

An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster US output which climbed to nearly 9.5 million barrels per day in September.

Dec 05, 2017, 16:43 PM IST
Haven't heard from Iran on $11 billion offer for gas field: OVL

Haven't heard from Iran on $11 billion offer for gas field: OVL

Iran, India's third biggest oil supplier, used to give a 90-day credit period to refiners like Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) to pay for the oil they would buy from it.

Oct 09, 2017, 15:45 PM IST
Dharmendra Pradhan raises issue of premium on oil supplied to Asian countries by OPEC

Dharmendra Pradhan raises issue of premium on oil supplied to Asian countries by OPEC

Petroleum Minister Dharmendra Pradhan on Sunday again raised the issue of premium being charged on oil supplied to Asian countries by some OPEC members and asked that a reasonable pricing policy be adopted by the 13-nation producers' cartel.

Oct 08, 2017, 23:37 PM IST
Arun Jaitley urges states to cut VAT on petrol, diesel

Arun Jaitley urges states to cut VAT on petrol, diesel

Jaitley, who is here on three-day official visit, said the Rs 2 per litre cut in excise duty on petrol and diesel was done to give relief from relentless increase in prices and leave more money in hands of consumers.

Oct 04, 2017, 22:16 PM IST
Do you reuse oil to fry food? It can be the reason for heart disease

Do you reuse oil to fry food? It can be the reason for heart disease

Fats in food items are of four types – saturated, unsaturated, mono and trans, with the last most dangerous and their presence in any oil going up if it is cooked for a long duration or as soon as it emits smoke.

Sep 30, 2017, 18:15 PM IST
China slashes trade ties with North Korea; cuts gas, iron ore imports

China slashes trade ties with North Korea; cuts gas, iron ore imports

Beijing has halted its imports of coal, iron ore, seafood and other goods, implementing UN sanctions imposed on North Korea for its provocative nuclear and missile tests.

Sep 23, 2017, 18:12 PM IST
ONGC strikes 'good' offshore oil, gas find: Sources

ONGC strikes 'good' offshore oil, gas find: Sources

The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent.

Sep 20, 2017, 12:53 PM IST
New way to mix water and oil identified

New way to mix water and oil identified

The team squeezed methane and water molecules between two ultra-sharp diamonds and compressed them by bringing the two anvil points together.

Aug 29, 2017, 20:38 PM IST
ONGC gets green nod for exploratory drilling in KG basin

ONGC gets green nod for exploratory drilling in KG basin

The current production of oil and gas is 750-800 tonnes per day and 2.5-3 million cubic metres of gas, respectively, from various facilities in this area.

Jun 27, 2017, 13:52 PM IST
Five lesser-known health benefits of almond oil!

Five lesser-known health benefits of almond oil!

Almond oil is considered to be good for skin and a boon for our health.

May 13, 2017, 21:02 PM IST
Oil off on supply fears; stocks slip before French election

Oil off on supply fears; stocks slip before French election

Oil prices fell on Friday as oversupply concerns resurfaced, while the euro and stocks slipped ahead of the first round of the French presidential election on Sunday.

Apr 22, 2017, 15:24 PM IST

Oil prices claw back some losses, but oversupply still weighs

US gasoline stocks posted a counter-seasonal build of 1.5 million barrels, because of rising refining activity.

Apr 20, 2017, 11:03 AM IST

OIL raises $500 mn in overseas bonds to part repay bridge loan

State-owned Oil India Ltd has raised USD 500 million through overseas bonds to pay for the bridge loan it had taken to acquire stake in Russian oilfields.

Apr 12, 2017, 15:19 PM IST
Oil prices firm on strong demand, political uncertainty in Syria

Oil prices firm on strong demand, political uncertainty in Syria

US West Texas Intermediate (WTI) crude futures were up 10 cents at $52.34 a barrel.

Apr 10, 2017, 10:19 AM IST
Make your bundle of joy a healthy one; give your baby an ayurvedic oil massage!

Make your bundle of joy a healthy one; give your baby an ayurvedic oil massage!

Do you know that an oil massage is good for your baby? 

Apr 06, 2017, 00:06 AM IST
Oil hits one-month high near $55 on tighter supplies

Oil hits one-month high near $55 on tighter supplies

Oil hit a one-month high near $55 a barrel on Wednesday as a drop in US crude inventories raised hopes that OPEC-led supply restraint is clearing a glut, while an outage at a UK North Sea oilfield lent support.

Apr 05, 2017, 16:43 PM IST

Oil hits 3-week highs as OPEC deal extension seen likely

Oil prices jumped for a third day on Thursday to their highest in three weeks after Kuwait gave its backing for an extension of OPEC production cuts in an attempt to reduce global oversupply.

Mar 30, 2017, 23:44 PM IST
Oil slips towards $50 on doubts over duration of output cut

Oil slips towards $50 on doubts over duration of output cut

Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.

Mar 27, 2017, 17:30 PM IST