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 US Federal Reserve.
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The latest oil prices news, analysis and data from India and across Asia, reported by Energy Asia.
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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 a military operation in Ukraine, apparently…
Petrol, diesel price to fall on sustained drop
Date- 29 Nov Time- 09:30 AM Cat- Oil & GasPetrol and diesel prices will be reduced only if the current drop in international oil prices is…
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 July 2020 as the sharp rise…
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 gaining over 1% to cross $83…
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 Exchange, crude oil for the October…
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 benchmark Brent crude falling to just…
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 again rising to cross the $82/barrel…
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 in India as oil companies face…
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 like enhanced credit period
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 after an earlier dispute that roiled…
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 movement before making further revisions.
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 of Civil Aviation but still hold…
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 spot crude oil purchases in the…
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 easing policies and lower crude production…
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 United States, the world's biggest oil…
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 public distribution system (PDS) is now…