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Crude Oil

Oil prices rise as Saudi supply risks come into focus

Brent crude futures gained $1.44 to $65.04 a barrel by 0958 GMT, while US West Texas Intermediate crude was up 89 cents at $59 a barrel.

Sep 19, 2019, 16:26 PM IST

Saudi attacks raise spectre of oil at $100 per barrel

Attacks on two plants at the heart of the kingdom`s oil industry on Saturday knocked out more than half of Saudi crude output, or 5% of global supply.

Sep 18, 2019, 09:46 AM IST

Petrol, diesel prices may shoot up by Rs 5-6 a litre: Experts

A recent report by Kotak said that in light of the sharp rise in international crude oil prices, Indian oil marketing companies (OMCs) may increase the retail price of diesel and gasoline by Rs 5 to 6 per litre in the following fortnight.

Sep 17, 2019, 11:18 AM IST

Crude oil, gas and refinery output slips

As per data released by Ministry of Petroleum & Natural Gas, crude oil production during July, 2019 was 2768.95 TMT (thousand metric tons) which is 5.41 per cent lower than target and 4.40 per cent lower when compared with the corresponding month last year.

Aug 22, 2019, 11:09 AM IST

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Jul 04, 2019, 18:22 PM IST

Badhir News: Special show for hearing impaired, July 04th, 2019

This is a special segment for hearing impaired which brings to you latest updates of the afternoon. Watch this video to know the latest news stories of the day.

Jul 04, 2019, 16:12 PM IST

Mike Pompeo likely to press India for oil sanctions compliance amid US-Iran conflict: State official

US Secretary of State Mike Pompeo will be visiting India from June 25 to June 27.

Jun 22, 2019, 07:22 AM IST

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Jun 21, 2019, 19:56 PM IST

US blames Iran for tanker attacks in Gulf of Oman, Iran rejects assertion

Crude oil prices spiked more than 4% after the attacks near the entrance to the Strait of Hormuz, a crucial shipping artery for Saudi Arabia and other Gulf energy producers.

Jun 14, 2019, 10:07 AM IST

India delays May order for Iran oil, awaits clarity on sanctions waiver: Report

Washington had given a six-month waiver to eight nations including India, allowing them to import some Iranian oil until early May.

Apr 09, 2019, 17:19 PM IST

Oil eases from four-month high on global growth worries

Oil prices edged lower on Thursday, retreating from a four-month peak, as fears of a slowing global economy weighed on market sentiment.

Mar 21, 2019, 07:47 AM IST

India inks pact with Iran to pay crude bill in rupee

Under US sanctions, India can export foodgrains, medicines and medical devices to Iran.

Dec 06, 2018, 18:05 PM IST

Saudi Arabia pumps record amount of oil as Trump piles on pressure

Saudi Arabia agreed to raise supply steeply in June, in response to calls from consumers, including the United States and India, to help cool oil prices and address a supply shortage.

Nov 26, 2018, 18:02 PM IST

Fuel prices fall yet again, petrol at Rs 79.18 per litre in Delhi

Fuel prices saw yet another fall on Friday with petrol retailing at Rs 79.18 per litre - fall of 19 paise from a day earlier, while diesel was at Rs 73.64 per litre in the national capital.

Nov 02, 2018, 06:45 AM IST

Brent oil rises back above $80 as Iran sanctions loom

OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.

Oct 22, 2018, 12:30 PM IST

US oil exports fall as India turns to Iran ahead of sanctions

US oil shipments to India fell to 84,000 barrels per day (bpd) last month, down 75 percent from a record high of 347,000 bpd in June, Kpler data showed. India accounted for 12 percent of US crude exports in June.

Oct 05, 2018, 14:25 PM IST

'Assembly polls, crude oil, developments at trade front crucial for equity market this year'

Of late, rupee woes, high crude oil prices, unabated foreign fund outflows and escalating trade tensions between the US and China have dampened the market sentiment.

Sep 20, 2018, 18:22 PM IST

India's fuel demand rose 0.8% YoY in August

Sales of gasoline, or petrol, were 7.8 percent higher from a year earlier at 2.36 million tonnes.

Sep 14, 2018, 15:44 PM IST

Govt raises ethanol price for blending in petrol by 25%

Also, OMCs will pay GST and transportation charges.

Sep 13, 2018, 11:44 AM IST

Petrol touches Rs 90.11 in Maharashtra's Parbhani

On the 15th day of consecutive hikes, petrol prices increased on Tuesday by Rs 0.14 and diesel by Rs 0.15.

Sep 11, 2018, 15:00 PM IST