Oil price

How GST may impact petrol, diesel price – Check out tax chart

How GST may impact petrol, diesel price – Check out tax chart

In a curious turn, taxes and duties seem to exceede the actual cost of production of petrol and diesel in the country.

Sep 19, 2017, 15:04 PM IST
Petroleum products under GST? Here's how it would benefit consumers

Petroleum products under GST? Here's how it would benefit consumers

Market watchers are saying that if government goes ahead with Pradhan's suggestion and include fuel prices under the ambit of GST, there will be a steep downfall in the prices.

Sep 15, 2017, 14:15 PM IST
Spike in petrol, diesel price is due to Hurricane Irma, Harvey in US: Dharmendra Pradhan

Spike in petrol, diesel price is due to Hurricane Irma, Harvey in US: Dharmendra Pradhan

The statement comes in the wake of hike in fuel prices.The petrol and diesel prices have gone through the roof ever since the central government announced daily revision of fuel prices.

Sep 13, 2017, 19:14 PM IST
Oil prices rise as market expects extended production cut

Oil prices rise as market expects extended production cut

Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year.

May 24, 2017, 12:12 PM IST
Oil prices rise on expectation of output cut extension

Oil prices rise on expectation of output cut extension

Brent crude futures were at $49.82 per barrel at 0323 GMT on Monday, up 72 cents, or 1.47 percent, from their last close.

May 08, 2017, 10:38 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

OPEC move to cut production may adversely affect India

Amit Kapoor and Sankalp Sharma/IANS

Dec 08, 2016, 13:08 PM IST

Big News : OPEC decides to reduce its oil production

OPEC decides to reduce its oil production. Watch complete news story of News 360 for getting detailed updates!

Dec 01, 2016, 13:15 PM IST
Petrol price hiked by 13 paise a litre, diesel cut by 12 paise

Petrol price hiked by 13 paise a litre, diesel cut by 12 paise

Petrol price was on Wednesday hiked by 13 paise a litre, but that of diesel was cut by 12 paise per litre in line with international trends.

Nov 30, 2016, 18:05 PM IST

Mandi Live : Crude prices fall below $48/barrel in International market

Crude prices fall below $48/barrel in International market.

Nov 29, 2016, 14:44 PM IST

`Worse than hell`: Indian migrants recall Saudi nightmare

The workers from India, Pakistan, Bangladesh and the Philippines were left destitute, without enough money to get home or even to buy food after losing their jobs.
 

Oct 01, 2016, 13:14 PM IST

Mandi live | Crude market on law in international market

Crude market on law in international market.Watch the full segment for more details.

Sep 30, 2016, 15:08 PM IST

Oversupply in crude may lead to pressure on its price

Oversupply in crude may lead to pressure on its price. Watch this special segment and get to know more here.

Sep 14, 2016, 15:46 PM IST
Saudi Arabia and Russia sign oil pact, could limit output

Saudi Arabia and Russia sign oil pact, could limit output

Saudi Arabia and Russia on Monday signed a deal to seek cooperation in the oil market, including on limiting output, sending oil prices sharply higher on hopes the two top producers would work together to tackle a global glut.

Sep 05, 2016, 18:05 PM IST

Price of brent crude crosses 46$ / barrel

Price of brent crude crosses 46$ / barrel. Watch this special segment and get to know more here.

Aug 12, 2016, 16:05 PM IST

Oil dives 2%, heads for weekly loss as US rigs rise

Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows.

Jul 23, 2016, 09:13 AM IST
ONGC saddled with Rs 392 cr additional royalty, Rs 1,100 cr burden on Oil India

ONGC saddled with Rs 392 cr additional royalty, Rs 1,100 cr burden on Oil India

ONGC will have to shell out Rs 392 crore and Oil India Ltd over Rs 1,100 crore after the government ordered them to pay royalty at gross crude oil price and not the net rate they actually realise.

Jul 22, 2016, 10:47 AM IST
Brent oil pushes above $50 for first time in nearly seven months

Brent oil pushes above $50 for first time in nearly seven months

Brent had climbed 34 cents to $50.08 a barrel by 0520 GMT, its highest since Nov. 4. It ended the previous session up $1.13, or 2.3 percent.

May 26, 2016, 12:27 PM IST
India ready to clear $6.5 billion of Iran's oil dues ahead of Modi's visit

India ready to clear $6.5 billion of Iran's oil dues ahead of Modi's visit

Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $6.5 billion of the dues for oil import from that country at the earliest, provided there was clarity on payment channel.

May 01, 2016, 18:58 PM IST
 IEA says oil price rout may finally be over

IEA says oil price rout may finally be over

The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said today, noting oil's "remarkable recovery" over recent weeks

Mar 12, 2016, 01:31 AM IST