Tuesday, Mar 02, 2021 | Last Update : 11:15 AM IST

global oil prices

Oil prices tumble $1 per barrel after Saudi price cuts

The recovery in oil prices has also encouraged some US drillers to return to the wells

07 Sep 2020 11:33 AM

Oil prices edge higher on surprise US stock drawdown, but demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns

14 May 2020 9:09 AM

Oil falls amid concerns about second wave of virus, rise in inventories

Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a virus-induced demand slump

13 May 2020 8:29 AM

Oil slips on fears of second covid19 wave, supply glut

Global oil demand has plummeted by about 30% as the coronavirus pandemic curtailed movement across the world

11 May 2020 9:11 AM

Oil prices rise as countries ease virus lockdown

Oil markets were battered in April as the virus strangled demand owing to business closures and travel restrictions

08 May 2020 9:35 AM

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Oil prices lower on storage crisis as virus saps demand

Oil markets have been in turmoil for weeks as the virus strangles demand due to business closures and travel restrictions

04 May 2020 9:01 AM

Oil falls on storage crisis as virus saps demand

Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide

27 Apr 2020 10:12 AM

Oil jumps after Trump lays out plan for reopening of virus-hit US

Oil markets tracked a rise in Asian stock markets and on Wall Street overnight

17 Apr 2020 9:03 AM

Corona effect: Record fall in global oil demand

Measures taken to bolster the global economy and to reduce oil supply should allow a "gradual" recovery

15 Apr 2020 4:38 PM

Oil prices rise amid hopes for US deeper output cuts

United States is reducing output as well and other countries are taking estimated cut in production to about 19.5 million barrels per day

14 Apr 2020 11:27 AM

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OPEC, Russia approve biggest ever oil cut amid coronavirus

In the compromise reached they agreed to a cut of 9.7 million barrels per day from May

13 Apr 2020 8:59 AM

US senators urge Saudi officers to take concrete action to cut oil output

Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day

12 Apr 2020 9:39 AM

OPEC, Russia agree to oil output cuts; Mexico rejects global plan

The planned output curbs by OPEC+ amount to 8 million barrels per day

10 Apr 2020 9:09 AM

Trump signals possible tariffs on oil imports amid low prices

Oil prices have dropped by about two-thirds this year as the COVID-19 pandemic has hammered demand

06 Apr 2020 10:17 AM

ONGC asks govt to cut cess, royalty, free gas price to help company survive

While the gas price is way below the cost of production, high tax incidence is resulting in cash losses even on crude oil output

05 Apr 2020 12:49 PM

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RBI unlikely to slash rate till March, say analysts

CPI inflation is likely to rise above 4 per cent by the end of this year.

15 Nov 2017 3:04 AM

Oil edges up, set for worst H1 performance in 20 years

Brent crude futures were at $45.31 per barrel up 9 cents or 0.2 per cent from their last close.

23 Jun 2017 10:47 AM

Daily change in petrol, diesel prices will benefit consumers

Under dynamic pricing model, OMCs will be able to reduce price risk arising out of fluctuations in crude.

08 Apr 2017 1:20 PM

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