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Little respite from high fuel costs despite falling crude oil prices

Petrol is being retailed at Rs 77.56 a litre and diesel at Rs 72.31 per litre in Delhi.

13 Nov 2018 10:47 AM

India needs strong, decisive govt to take swift decision: Jaitley

Jaitley said if India continues on high growth path, then the country can get rid of poverty

16 Oct 2018 1:46 PM

Oil prices rise on signs that Iranian crude exports fall further

US West Texas Intermediate (WTI) crude futures were down by 24 cents, or 0.3 per cent, at $74.53 a barrel.

09 Oct 2018 10:43 AM

RBI maintains status quo; warns volatile oil prices pose risk to inflation

MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.

05 Oct 2018 4:31 PM

Oil near four-year high as Washington's Iran sanctions loom

Brent has risen by around 20 per cent from the most recent lows in August.

02 Oct 2018 11:11 AM

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Brent crude oil hits four-year high ahead of Iran sanctions

Brent was pushed up by the looming sanctions against Iran, which will start targeting its oil sector from Nov 4.

01 Oct 2018 9:15 AM

Oil prices claw back on supply concerns though but demand worries drag

Brent crude was up 8 cents, or 0.1 per cent, at $78.26 a barrel by 0338 GMT, after falling 2 per cent on Thursday.

14 Sep 2018 10:51 AM

Fiscal incentives for projects to improve oil recovery

Conventional oil and gas fields see output decline and recovery rate drop as they age.

13 Sep 2018 10:04 AM

PM Modi calls high-level emergency meet on Saturday to review economy

Free-fall of rupee and relentless hike in oil prices top agenda of Saturday meeting with Finance Minister and RBI Governer.

13 Sep 2018 9:39 AM

Iraq replaces Saudi as top oil supplier to India in August: report

Overall India’s monthly oil imports in August rose 3.1 per cent to about 4.7 million barrels.

11 Sep 2018 9:19 AM

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Saudi Arabia aims to keep crude in USD 70 to USD 80 band: sources

Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.

05 Sep 2018 9:41 AM

Oil rises on Iran sanctions, lower US fuel inventories

US commercial crude inventories fell by 2.6 million barrels in the week to August 24, to 405.79 million barrels.

30 Aug 2018 1:49 PM

Oil stable as US-China trade row weighs, Iran sanctions cut supply outlook

OPEC member Iran has exported around 2.5 million barrels per day of crude oil so far this year.

27 Aug 2018 9:17 AM

Oil prices rise on Iran sanctions, but US-China row mutes trading

Brent crude oil futures LCOc1 were at $75.07 per barrel at 0424 GMT, up 34 cents, or 0.5 per cent.

24 Aug 2018 10:39 AM

International oil prices slip as trade spat escalates

International benchmark Brent crude oil futures were at $74.63 per barrel.

23 Aug 2018 11:11 AM

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Oil prices slip on concerns over slowing economic growth

Brent crude futures, which act as a benchmark for international oil prices, were at $71.60 per barrel.

20 Aug 2018 11:24 AM

Oil prices, 2019 elections, local fund flow top drivers for market: UBS

The impact of INR depreciation is mixed – 5 per cent depreciation would push up inflation by 10-15 bps.

16 Aug 2018 4:02 PM

Oil prices inch up on Saudi output cut, but slowing economic growth drags

Brent crude oil futures LCOc1 were at $72.81 per barrel at 0515 GMT, up 20 cents, or 0.3 per cent.

14 Aug 2018 12:00 PM

Oil dips as US, China trade dispute expected to stall economic growth

US crude oil exports to China, seen as a tool to reduce America’s trade deficit with Asia’s biggest economy.

10 Aug 2018 9:17 AM

Oil rises ahead of renewed US sanctions against Iran

Spot Brent crude oil futures were at $73.88 per barrel at 0241 GMT on Tuesday, up 13 cents, or 0.2 per cent.

07 Aug 2018 10:40 AM

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