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Crude
Crude News
Diesel
15 Oct 2016
Diesel price hike: Know how much it costs in your city now
Prices of non-branded Diesel in metro-cities
Barrel
27 May 2016
Oil slips as $50 level sparks new output fears
Oil markets fell around 1 percent on Friday, retreating from seven-month highs, as traders weighed the prospect of crude production intensifying because of prices near $50 a barrel despite supply outages in recent weeks that eased a global glut.
Diesel
16 May 2016
Latest prices of diesel in major Indian cities
Latest prices of diesel in major Indian cities
petrol price
17 May 2016
Petrol price hiked by Rs 0.83 per litre, diesel by Rs 1.26 a litre
Oil marketing companies on Monday increased the price of petrol and diesel price by Rs. 0.83/litre & Rs. 1.26/litre respectively with effect from Monday midnight.
Goldman Sachs
11 Apr 2016
Oil dips after Goldman Sachs pours cold water on output freeze prospects
Crude prices dipped on Monday as influential bank Goldman Sachs poured cold water on the prospects of a planned oil producer meeting successfully reining in global oversupply
India's oil imports
21 Mar 2016
India's February oil imports up 29.9% year on year
India`s oil imports in February increased by 29.93 percent year on year to 4.27 million barrels per day (bpd), or 16.88 million tonnes, government data showed
ONGC Videsh Ltd
16 Mar 2016
OVL, IOC consortium to buy Russian oil fields for $4.2 billion
ONGC Videsh Ltd (OVL) and a consortium led by Indian Oil Corp today signed agreements to buy stake in two Russian oilfields in Siberia for an estimated USD 4.2 billion (over Rs 28,253 crore)
OPEC
10 Mar 2016
Oil prices dip amid doubts about producer meeting
World oil prices dipped Thursday as doubts rose about whether key producers led by Russia and Saudi Arabia would meet this month to discuss crude output limits
oil
04 Mar 2016
Oil likely to recover to $55 in 12 months: Report
Oil prices are likely to recover after 11-year low to USD 55 per barrel from the current USD 34 in 12 months, following gains in the latter half of 2016, according to a report.
Crude
27 Jan 2016
World Bank cuts 2016 oil forecast, Indian basket at 14-year low
World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections.
Crude Oil
14 Dec 2015
Watch: How falling crude oil prices affect Indian economy
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Crude
14 Apr 2015
Oil prices rise on expected US shale production dip
Crude prices rose on Tuesday after the U.S. Energy Information Administration said it expected U.S. shale oil output to record its first monthly decline in over four years.
Brent crude
10 Apr 2015
Brent crude nudges up near $57, set for weekly gain
Brent crude edged up on Friday, supported by strong economic data from Germany that lifted the oil demand outlook and as worries about a quick return of Iranian supplies eased.
World oil prices
25 Mar 2015
Oil prices rise despite jump in US stockpiles
World oil prices advanced Wednesday despite news of a stronger-than-expected increase in crude inventories in the United States, analysts said.
Oil prices
09 Mar 2015
Oil prices steady after pre-weekend slide
Oil prices steadied Monday after sliding before the weekend as the dollar strengthened in the wake of robust jobs data in the United States, the world`s biggest consumer of crude.
Oil prices
06 Feb 2015
Oil prices up over 4% on Libya raid, China easing
Crude prices closed up more than 4 percent on Thursday as rising violence in producer Libya and an expected boost in oil demand from China`s central bank easing helped the market rebound from a sharp rout in the previous session.
Oil prices
12 Jan 2015
Oil slumps to nearly 6-year low as Goldman Sachs slashes price outlook
Brent crude for February delivery collapsed to USD 47.18 -- the lowest since late April 2009 -- before recovering slightly to USD 47.57.
Crude
08 Jan 2015
Global crude oil price of Indian basket drops to $46.97/barrel
The international crude oil price of the Indian basket, computed by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, fell to USD 46.97 per barrel on Wednesday, compared to USD 49.22 per barrel on the previous publishing day.
Brent crude
07 Jan 2015
Brent oil drops under $50 per barrel for first time since 2009
European benchmark Brent oil sank under USD 50 per barrel on Wednesday for the first time since 2009, hit by OPEC`s production stance, oversupply, weak demand and the strong dollar.
Brent crude
07 Jan 2015
Brent crude falls below $50 per barrel, lowest since May 2009
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that more falls were likely before a rebound.
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