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Crude oil prices

Finance Ministry to prepare fresh proposal for Air India sale

The ministry's proposal, to be placed before Air India Specific Alternative Mechanism (AISAM), will also include option of selling either 100 percent or 76 percent government stake in Air India.

Jun 20, 2019, 10:38 AM IST

Oil drops 1%, set for biggest monthly fall since November as trade wars spreads

Front-month Brent crude futures, the international benchmark for oil prices, were at $65.97 at 0639 GMT, down by 90 cents, or 1.4%, from last session`s close.

May 31, 2019, 14:00 PM IST

As petrol prices sky-rocket, here's what people are doing to ease the pain

Taxes on petrol and diesel, which account for more than a third of retail fuel prices, are one of the biggest sources of income for state and central governments.

Sep 20, 2018, 11:20 AM IST

More pain in future? Analysts claim crude oil to touch $100/barrel by 2019

Petrol and diesel have surged on the back of rallying international markets for crude oil, which are at an all time high.

May 23, 2018, 12:05 PM IST

Oil hits highest since Nov 2014 as Brent edges closer to $80

They earlier touched their highest in more than 3-1/2 years at $79.49 a barrel.

May 17, 2018, 12:59 PM IST

RBI to hike rates in June policy: Report

The six-member MPC, headed by RBI Governor Urjit Patel, had left the benchmark repo rate unchanged for the third time in a row after deliberations on April 4-5, citing inflationary concerns.

Apr 25, 2018, 16:51 PM IST

Sensex gets off record level, oil risks linger

The BSE 30-share Sensex closed at 33,911.81, down 98.80 points, or 0.29 percent, after touching a new all-time intra-day high.

Dec 27, 2017, 16:16 PM IST

Looming inflation to dash rate cut prospects: Assocham

The chamber observed that as uncertainty and apprehension loom over crude oil prices and vegetables, mainly on the back of rising retail prices of onion and tomatoes, it is disrupting household budgets.

Nov 26, 2017, 17:06 PM IST

Taxes on petro products fetch government Rs 2.67 lakh crore

During the financial year 2016-2017, the government earned a whopping Rs 2.67 lakh crore revenue on account of several increases in indirect taxes (Excise, Customs and import duties) on such products.

Sep 26, 2017, 19:57 PM IST

'Easing crude prices good for India's inflation, GDP growth'

Average crude oil prices will be around USD 45 for the next half of this year and this, coupled with positive macro fundamentals, could translate into better growth numbers for the country, says a report.

 

May 11, 2017, 13:40 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

Hillary Clinton, crude oil prices help Sensex rebound by 145 points, ends above 28,000-level

Sentiment got a lift from positive Asian indices after Democrat Hillary Clinton is perceived to have won the third and final US presidential debate against Republican Donald Trump in Las Vegas.

Oct 20, 2016, 17:37 PM IST

Petrol, diesel prices likely to be hiked on Saturday

While the international oil prices fell back from $50 a barrel on Monday, the Indian basket has reportedly breached the psychologial level of $50.14 per barrel which could lead to oil companies in India hiking prices of petrol and diesel.

Oct 10, 2016, 18:49 PM IST

Import duty may get decreased by 5% on crude and edible oils

Import duty may get decreased by 5% on crude and edible oils. Watch this special segment and get to know more here.

Sep 14, 2016, 15:48 PM IST

US crude down 3% after big stockpile build report

Oil prices tumbled on Wednesday, with U.S. crude falling more than 3 percent, after an unexpectedly large inventory build in the world`s biggest oil consumer renewed worries about oversupply.

Aug 24, 2016, 22:19 PM IST

Pradhan pitches for cut in oil cess

Petroleum Minister Dharmendra Pradhan has asked Finance Ministry to cut cess on domestically produced crude oil to 10-12 per cent from current 20 percent to provide relief to producers hit by slump in prices.

Aug 03, 2016, 17:02 PM IST

US oil hits 2016-high on hopes for output freeze

"Global fundamentals are little changed and oil has instead been lifted by higher risk-appetite," BNP Paribas said in a note.

 

 

Mar 18, 2016, 11:56 AM IST

Boost to Indian economy from falling oil prices 'fading': DBS

The benefits to the Indian economy from fall in crude oil prices will be "limited" this year and domestic reforms and developments will gain focus, a report said.

Jan 28, 2016, 23:49 PM IST

Petrol, diesel prices cut, but no benefit to consumers

The price for petrol and diesel is cut down again but the question that arise is where is the consumer benefit it in all. Zee News brings you an exclusive report. Take a look.

Jan 16, 2016, 10:38 AM IST

Oil prices rebound after falling below $30 per barrel

Oil prices rebounded in Asia Wednesday, halting a plunge that saw crude fall below $30 a barrel for the first time in more than 12 years, but analysts warned of further pressure on the commodity.

Jan 13, 2016, 12:59 PM IST