Tag: Oil prices
17 Results
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Crude oil price falls again, hits $24 per barrel due to rising inventories
Brent crude oil also has declined on the Intercontinental Exchange (ICE) is at $30.83 per barrel, lower by 0.45 per cent or 0.14 cents from its previous close.
May 6, 2020 -
Oil prices claw back ground after biggest fall since 1991 Gulf War
Saudi Arabia is aiming to boost its crude oil output of over 10 million barrels per day in April after the current supply deal between OPEC Russia ie OPEC+ expires in March.
March 10, 2020 -
Asia stocks dive down amid panic selling on fear of coronavirus, plunge in oil prices
Oil markets were the main drivers of decline, as the oil prices plunged about 20 per cent on Monday.
March 9, 2020 -
Crude oil impact: oil marketing cos fall; HPCL shares drop over 7 pc
Sensex on Monday fell by 787.98 points at 40,676.63, as investors were on edge due to increased tension in the Middle East.
January 6, 2020 -
Oil prices surge, market drops after US strikes kills Iran general
Brent crude oil rallied over 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.
January 3, 2020 -
After one-day break, Petrol, Diesel Prices rise across all major cities
As per the Indian Oil Corporation website, petrol prices in Delhi went up by Rs 75.25 a litre while diesel was selling at Rs 68.10 a litre,
January 2, 2020 -
Oil prices jump amid escalating tensions in Middle East
The West Texas Intermediate for January delivery increased 1.57 US dollars to settle at 58.58 dollars a barrel on the New York Mercantile Exchange
November 22, 2019 -
Petrol, diesel prices remain unchanged for 2nd day as crude oil price eases
The petrol rates in Delhi, Kolkata, Mumbai and Chennai were Rs 74.20/litre, Rs 76.89/litre, Rs 79.86/litre and Rs 77.13/litre respectively.
November 21, 2019 -
Fuel prices stable today after 5 days spike
Petrol prices in Delhi, Kolkata, Mumbai and Chennai remained unchanged at Rs 73.30, Rs 76.00, Rs 78.97 and Rs 76.18 per litre, respectively.
November 13, 2019 -
Crude oil futures slip by Rs 34 on weak global cues
On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 34, or 0.83 per cent, to Rs 4,042 per barrel.
November 11, 2019 -
Petrol prices dropped for 4th consecutive day, diesel follows
Petrol prices in Delhi, Kolkata, Mumbai and Chennai have come down to Rs 72.65, Rs 75.37, Rs 78.33 and Rs 75 per litre respectively.
November 4, 2019 -
Oil prices jump as OPEC on course to extend output cuts
'Ministers from the 14-nation Organization of the Petroleum Exporting Countries (OPEC) were meeting in Vienna on Monday to discuss output, before gathering a day later for OPEC+ -- which is a grouping of 24 oil-producing countries that includes Russia and accounts for almost half of global crude.'
July 1, 2019 -
Oil prices surge after Iran downs US drone
Brent crude, the global oil benchmark, was up by 2.23 per cent at $63.20 a barrel.
June 20, 2019 -
Oil prices jump nearly 4% over attack on oil tankers
The benchmark crude prices have remained flat for most parts of June so far, even though tensions were simmering in the Gulf region.
June 13, 2019 -
Oil prices jump after ‘incident’ in Gulf of Oman
A merchant shipping information service run by Britain's Royal Navy meanwhile reported an "incident".
June 13, 2019 -
India needs to have a good oil hedging policy: Raghuram Rajan
Rajan said the issue has been discussed in the past and it began with a strategic petroleum reserve, but beyond that there is a need to think about hedging oil prices especially when it comes to levels such as now.
December 12, 2018 -
India to wait and watch impact of oil producers’ output cut: Dharmendra Pradhan
The output cut decision, which was spearheaded by Russia, will come into effect on January 1.
December 11, 2018