Friday, Jun 14, 2024 | Last Update : 11:24 AM IST

Crude Oil

Houthis target oil tanker to India

This marks the third incident in the past month where Houthi missiles have targeted India-bound ships

18 Feb 2024 1:08 AM

AA Edit | Fuel, US Fed: Headwinds to economy

The cause for worry comes from other factors that will come into play despite India’s comfortable position as a big and growing oil consumer

22 Sep 2023 12:00 AM

Abhijit Bhattacharyya | Why allow yuan payments for import of Russian oil?

Indian companies have begun to pay for the import of Russian crude oil not in the dollar

19 Jul 2023 12:00 AM

Centre cuts windfall tax on domestic crude oil

The government has also cut the rate on export of diesel to Rs 5 per litre from Rs 8 per litre

16 Dec 2022 12:51 PM

'Legit energy transactions of India should not be politicised'

The US said it is in touch with India on the matter and sent a thinly-veiled message

20 Mar 2022 6:55 AM

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India's legitimate energy transactions should not be politicised: Sources

Russia has made the offer to India and many other countries after the US last week banned all Russian oil and gas imports

18 Mar 2022 11:37 PM

Middle East's share of India's oil imports hits 25-month low

Asia's third-largest economy imported about 4.2 million barrels per day (bpd) of oil in May

24 Jun 2021 11:19 AM

Only the farmer bats for India as eight core sectors shrink 9.6%

Only the fertiliser industry continued to grow through the worst of the Covid months

31 Aug 2020 5:12 PM

Oil prices struggle to hold five-month high amid growing demand fears

Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing the economic recovery

06 Aug 2020 9:01 AM

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd to global supply

30 Jul 2020 8:56 AM

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Oil prices fall amid US-China tensions, increasing pandemic fears

Oil demand has improved somewhat from the deep trough of the second quarter, supporting prices, although the recovery path is uneven

27 Jul 2020 2:21 PM

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 Jul 2020 4:17 PM

Oil prices fall on US inventory build, increasing pandemic fears

Industry group American Petroleum Institute reported U.S. crude inventories rose last week by 7.5 million barrels

22 Jul 2020 8:44 AM

Oil prices mixed as virus spike casts shadow over demand

OPEC and allies including Russia have pledged to slash production by a record 9.7 million barrels per day (bpd) for a third month in July

06 Jul 2020 9:15 AM

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 basis in nine years

02 Jul 2020 10:30 AM

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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

India's May crude oil imports post biggest decline since at least 2005

Oil products imports eased 0.8% to 3.57 million tonnes year-on-year, while exports rose by 5.9% to 5.75 million tonnes

21 Jun 2020 9:10 AM

Oil falls amid virus resurgence fears, rise in inventories

OPEC panel will meet on Thursday to further discuss ways to strengthen and review compliance to curb oil production and support prices

17 Jun 2020 9:41 AM

Oil prices rise as easing of lockdown spurs fuel demand

U.S. crude and gasoline inventories are estimated to have fallen by 1.5 million barrels and about 100,000 barrels respectively in a week

09 Jun 2020 11:37 AM

Oil hits three-month high over hopes for output cuts

OPEC countries including Russia may extend production cuts of 9.7 million barrels per day, or about 10% of global output into July or August

03 Jun 2020 11:35 AM

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