Last Updated: Tuesday, August 19, 2014, 18:08
Shares of state-owned oil marketing companies -- BPCL, HPCL and IOC -- surged up to 4 percent on Tuesday amid falling crude oil prices.
Last Updated: Tuesday, August 19, 2014, 10:08
Brent shed nearly $2 on Monday, as investor worries over conflict in Iraq eased, and as higher Libyan oil output added to already ample supplies.
Last Updated: Monday, July 28, 2014, 13:04
Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.
Last Updated: Thursday, July 17, 2014, 08:54
WTI surged $1.25 in New York Wednesday after the US Energy Information Administration (EIA) said reserves fell 7.5 million barrels in the week to July 11.
Last Updated: Monday, June 30, 2014, 18:22
Government bond yields ended little-changed on Monday, ending their worst month in seven as the violence in Iraq has threatened to push up global crude oil prices and lead to a spike in domestic inflation.
Last Updated: Monday, June 30, 2014, 12:28
Crude oil futures prices Monday eased by 0.13 per cent to Rs 6,356 per barrel, as speculators trimmed positions amidst a weak trend in the Asian trade.
Last Updated: Monday, June 30, 2014, 11:31
Shares of oil refiners gain after crude oil prices cool down. Bharat Petroleum Corp gains 3.3 percent, Hindustan Petroleum Corp rises 3.1 percent and Indian Oil Corp is up 1.7 percent.
Last Updated: Monday, June 30, 2014, 09:23
Oil prices eased in Asia Monday on softer US demand, but tensions in the Middle East where jihadists have declared an Islamic state straddling Iraq and Syria will likely keep prices high, analysts said.
Last Updated: Wednesday, June 25, 2014, 14:32
Brent crude slipped below $114 a barrel on Wednesday as the risk of supply disruption in Iraq appeared to recede and after a rise in U.S. inventories pointed to ample stockpiles for the world`s biggest oil consumer.
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.
Last Updated: Tuesday, June 24, 2014, 10:23
Snapping its four-day losing streak, the benchmark BSE Sensex Tuesday recovered by over 279 points in early trade on emergence of buying by funds and retail investors amidst fall in global crude oil prices.
Last Updated: Monday, June 23, 2014, 14:15
With its heavy reliance on imported oil from Iraq making it vulnerable to the conflict there, the new government is concerned over the impact spurt in oil prices may have on its plans to resuscitate the economy.
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