oil
Privatise mining to cut back USD 400 bn of imports: Vedanta's Anil Agarwal
Vedanta's Anil Agarwal asserted that increased mining can add USD 500 billion to the economy and create two crore jobs.
ONGC topples IOC to regain most profitable PSU tag
Oil and Natural Gas Corp reported a 34 per cent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.
Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July
IOC has signed separate annual contracts with Norway’s Equinor and Algeria’s Sonatrach to buy 4.6 million tonnes of US oil.
Saudi's Falih says oil stocks still building, but OPEC to act if needed
OPEC, Russia and other non-OPEC producers have agreed to reduce output by 1.2 bpd from Jan 1 for six months.
IOC ties up oil from US, Saudi to make up for Iran shortfall
IOC and other Indian refiners stopped importing crude oil from Iran this month following the US' move to end sanction waivers.
Two Saudi oil tankers attacked near UAE waters: Saudi Minister
One of the two vessels was on its way to be loaded with Saudi crude oil from the port of Ras Tanura.
Crude oil futures fall on global cues
The oil contracts for delivery in July fell by Rs 133, or 3.04 per cent, to Rs 4,243 per barrel in a business volume of 13 lots.
India likely to import more oil from Saudi Arabia
Oil minister Dharmendra Pradhan in a tweet in April had said “a robust plan for an adequate supply of crude oil to Indian refineries” is in place.
Crude oil futures slip on weak global trend
Analysts said, continuous selling by participants in line with a weak trend in global crude mainly weighed on crude prices here.
India apprehensive Iran sanctions could boost oil prices, inflation
“We are apprehensive that impact can translate higher oil prices,” affecting common person, Harsh Vardhan Shringla said.