Crude Oil

Crude oil processing: India witnesses biggest drop in nearly two decades

Refiners processed about 14.75 million tonnes or 3.60 million barrels per day (bpd) of oil last month, government data showed.

May 25, 2020, 15:54 PM IST

Crude oil plunges to lowest since 1986 at $10.34 a barrel

Oil prices have collapsed by more than 60% since January to levels well below the costs necessary for many shale drillers to break even, leading to drilling halts and drastic spending cuts. 

Apr 20, 2020, 21:45 PM IST

Watch Rahul Gandhi' comments on PMO

Crude price is getting down. Rahul's comments on PMO, says Modi govt is not worried about

Mar 11, 2020, 12:02 PM IST

Stir all around after river in Assam's Dibrugarh catches massive fire

A river in Assam's Dibrugarh has been on fire for the past two days due to an oil pipeline blast on Sunday. The fire reportedly broke out on Burhi Dihing river on Sunday due to leakage from an underwater pipeline carrying crude oil.

Feb 03, 2020, 13:14 PM IST

Petrol prices decrease for 3rd consecutive day, diesel rates stable

According to the Indian Oil website, the price of petrol in Delhi, Kolkata, Mumbai and Chennai has come down to Rs 75.70, Rs 78.29, Rs 81.29 and Rs 78.65 per litre respectively.

Jan 14, 2020, 09:40 AM IST

Petrol price surges by 15 paise, diesel by 11 paise

On the Multi Commodity Exchange (MCX), crude oil was trading at Rs 4,224 per barrel with a weakening of Rs 13 from the previous session. On January 6, the price of crude oil on MCX jumped to Rs 4,670 per barrel, after which it has fallen by about Rs 450 per barrel.

Jan 10, 2020, 14:23 PM IST

Petrol, diesel prices continue to rise as threat of US-Iran war intensifies

As per data by Indian Oil Corporation Ltd., the petrol price increased 9 paise per litre and that of diesel by 11 paise. 

Jan 05, 2020, 11:11 AM IST

Sharp rise in price of crude will cause problems for country, says P Chidambaram

He said the budget is premised on a certain average price of a barrel of oil. "Immediate impact will be if oil prices flare-up. Our budget is premised on a certain average price of a barrel of oil. If that goes up sharply, it will hurt us very badly.

Jan 04, 2020, 23:54 PM IST

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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This segment of Zee News brings top news stories of the day. Watch this video to know the latest news.

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