oil prices
Oil prices edge up as investors eye US Fed rate decision
Oil & Gas
December 18, 2024
Oil prices edge up as investors eye US Fed rate decision
Oil prices recorded modest gains as the market remained on edge ahead of a potential interest rate cut by the…
LPG price hiked by ₹50; crosses ₹1,000 mark in most places
Oil & Gas
May 8, 2022
LPG price hiked by ₹50; crosses ₹1,000 mark in most places
Cooking gas LPG prices were on Saturday hiked by ₹50 per cylinder, the second increase in rates in just over…
₹12 hike in petrol & diesel price is needed to break even
Oil & Gas
March 4, 2022
₹12 hike in petrol & diesel price is needed to break even
Petrol and diesel price, which have been on a freeze for the past four months in view of assembly elections…
Higher oil prices push Sri Lanka into deeper economic crisis
Oil & Gas
March 4, 2022
Higher oil prices push Sri Lanka into deeper economic crisis
Sri Lanka’s already dire economic crisis has deepened as oil prices hover near $110 a barrel. Vehicles are stranded with…
Crude oil hits $100 mark for first time in 7 years
Oil & Gas
February 24, 2022
Crude oil hits $100 mark for first time in 7 years
Oil prices soared past $100 for the first time in more than seven years after Russian President Vladimir Putin announced…
Petrol, diesel price to fall on sustained drop
Oil & Gas
November 29, 2021
Petrol, diesel price to fall on sustained drop
Date- 29 Nov Time- 09:30Â AM Cat- Oil & GasPetrol and diesel prices will be reduced only if the current drop…
Oil drives Indian rupee lowest since July 2020
Oil & Gas
October 11, 2021
Oil drives Indian rupee lowest since July 2020
Indian bond yields hit their highest levels in nearly 18 months while the rupee fell to its lowest level since…
Petrol, diesel prices rise again on fresh surge in crude prices
Oil & Gas
October 9, 2021
Petrol, diesel prices rise again on fresh surge in crude prices
Prices of auto fuels petrol and diesel rose on Friday too as global oil surged again, with benchmark Brent crude…
Crude oil dips on weak spot demand
Oil & Gas
October 7, 2021
Crude oil dips on weak spot demand
Crude oil prices on Thursday fell ₹154 to ₹5,662 per barrel after participants cut their positions. On the Multi Commodity…
Petrol, diesel prices rise even as global oil softens
Oil & Gas
October 7, 2021
Petrol, diesel prices rise even as global oil softens
Prices of auto fuels petrol and diesel rose sharply on Thursday even though global oil showed signs of softening with…
Petrol, diesel prices rise sharply as global oil climb continues
Oil & Gas
October 6, 2021
Petrol, diesel prices rise sharply as global oil climb continues
Prices of auto fuels petrol and diesel rose sharply on Wednesday as global oil prices remained firm with benchmark crude…
Petrol, diesel prices set to rise as international oil rates surge
Oil & Gas
September 18, 2021
Petrol, diesel prices set to rise as international oil rates surge
A surge in international oil prices may translate into an increase in the retail selling price of petrol and diesel…
India seeks reasonable price from oil producers
Oil & Gas
July 28, 2021
India seeks reasonable price from oil producers
India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
OPEC, allies reach agreement after row over production
Oil & Gas
July 19, 2021
OPEC, allies reach agreement after row over production
The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a full agreement…
Consumers may get respite from frequent fuel price hike
Oil & Gas
July 9, 2021
Consumers may get respite from frequent fuel price hike
Oil marketing companies kept the retail price of petrol and diesel unchanged on Friday to analyse the global oil price…
Hardeep Singh Puri given charge of Petroleum Ministry
Oil & Gas
July 8, 2021
Hardeep Singh Puri given charge of Petroleum Ministry
Hardeep Singh Puri will now take charge of the Ministry of Petroleum and Natural Gas. He has relinquished the portfolio…
Indian refiners set to make room for Iranian oil
Oil & Gas
May 19, 2021
Indian refiners set to make room for Iranian oil
Indian refiners, anticipating a lifting of US sanctions, plan to make space for the resumption of Iranian imports by reducing…
Oil prices hit 13-month highs on tighter supplies
Oil & Gas
February 25, 2021
Oil prices hit 13-month highs on tighter supplies
Oil prices rose for a fourth straight session to the highest levels in more than 13 months, underpinned by monetary…
Oil prices climb as deep freeze shuts US oil wells
Oil & Gas
February 16, 2021
Oil prices climb as deep freeze shuts US oil wells
Oil prices rose as a cold front shut wells and refineries in Texas, the biggest crude producing state in the…
Kerosene subsidy eliminated via small price hikes
Oil & Gas
February 3, 2021
Kerosene subsidy eliminated via small price hikes
Government has eliminated subsidy on poor man's fuel kerosene through small fortnightly price increases and the fuel sold through the…