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Oil prices dipped on Thursday after the United States recorded its biggest one-day spike in coronavirus cases. (AFP Photo)

Oil prices slip on demand fears as virus cases surge

The EIA data showed that gasoline imports hit the highest level since last August and peaked the most on a seasonal...

2 July 2020 10:30 AM IST

ATF price hiked by 7.5 pc; petrol, diesel rates unchanged for 2nd straight day. (PTI Photo)

Jet fuel price hiked by 7.5%; petrol, diesel rates unchanged for...

Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl...

1 July 2020 10:07 AM IST

Oil prices fell in early trade on Tuesday after weak Japanese industrial production data was enough to jangle trader nerves over a bumpy recovery in fuel demand as coronavirus pandemic restrictions ease. (AFP Photo)

Oil prices fall as weak Japan data exposes market jitters over fragile...

Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a...

30 Jun 2020 8:54 AM IST

Diesel price on Monday scaled a new high after prices were hiked for the 22nd time in just over three weeks. (ANI Photo)

Fuel prices hiked after a day's pause; Petrol, diesel above Rs 80 in...

Petrol price was increased by 5 paise per litre and diesel 13 paise a litre across the country

29 Jun 2020 11:19 AM IST

People cross a street in front of an electronic stock indicator in Shanghai. (AP Photo)

Chinese companies take record 50% of global equity raising in first...

China-based companies sold shares worth $32.1 billion in January-June including multi-billion-dollar secondary listings...

29 Jun 2020 9:49 AM IST

Oil prices fell for a second straight session on Monday as coronavirus cases rose. (AFP Photo)

Oil falls in second straight session as virus cools demand

Even as higher oil prices prompt producers to resume drilling, number of operating oil and natural gas rigs dropped to...

29 Jun 2020 8:50 AM IST

After 21 days of continuous hike, petrol and diesel prices stable today. (PTI Photo)

BREAKING NEWS: No hike in petrol, diesel prices after 21 days

Before the country entered the lockdown, average price of petrol and diesel in Delhi was Rs 69.60/ litre and Rs 62.30/...

28 Jun 2020 1:05 PM IST

Petrol price in the national capital on Friday crossed Rs 80 per litre mark. (PTI Photo)

Fuel prices hiked for 20th day; Petrol, diesel price crosses Rs...

Petrol price in Delhi was hiked to Rs 80.13 per litre from Rs 79.92 while diesel rates were increased to Rs 80.19 a...

26 Jun 2020 11:12 AM IST

Oil prices creep up on demand recovery, tempered by virus outbreaks. (AFP Photo)

Oil prices rise on demand recovery, despite surge in virus cases

The prospect of increased US crude production also kept a lid on gains on Friday

26 Jun 2020 9:25 AM IST

Diesel price in the national capital crossed the Rs 80 per litre-mark for the first time ever on Thursday. (PTI Photo)

Fuel prices hiked for 19th day, diesel remains higher than petrol in...

In 19 straight days, diesel price has gone up by Rs 10.63 per litre. Petrol price hiked on 18 occasions and now totals...

25 Jun 2020 11:06 AM IST

Indias oil imports in May hit the lowest since Oct 2011. (AFP Photo)

India's oil imports in May sink to lowest in over 8 years

Indian refiners in April filled tanks with cheaper oil, sold extra cargoes to the federal government for strategic...

24 Jun 2020 10:29 AM IST

Oil futures dropped on Wednesday after US crude stockpiles grew more than expected. (AFP Photo)

Oil prices slides as US crude stockpile growth heightens oversupply...

Global oil consumption has started to recover as economies emerge from lockdown

24 Jun 2020 10:03 AM IST