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oil prices Page-5

Oil prices rise for first time in three days, but trade war drags

Brent crude futures had gained 47 cents, or 0.6 per cent, to $76.38 a barrel by 0441 GMT.

31 Oct 2018 11:38 AM

Oil prices drop as oversupply looms amid global market woes

The global benchmark is on course for a weekly loss of over 4 per cent.

26 Oct 2018 12:41 PM

Prime Minister Modi’s fiscal may skid on high oil bill

The $125 billion import bill for the current financial year is high but it is still not the right estimate.

23 Oct 2018 10:49 AM

We only control supply: Saudi Arabia to PM Modi’s warning to oil producers

PM Modi appealed to top oil producers to help India bridge what he called resource crunch' - a fallout of rising crude prices.

16 Oct 2018 9:36 AM

No going back on fuel price deregulation: Oil Minister Pradhan

The combination of high international oil prices and a depreciating rupee has made imports costlier.

08 Oct 2018 3:48 PM


Fiscal slippages to have adverse bearing on inflation, markets: RBI

Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.

05 Oct 2018 5:22 PM

Fuel prices hike again, petrol threatens to touch Rs 90 mark in Mumbai

The constant rise in fuel prices is strengthening citizens' demand for government's intervention in the matter.

18 Sep 2018 1:36 PM

'Crucial period' for oil as Iran exports shrink: International Energy Agency

Global oil output hit a record of 100 million barrels per day in August.

13 Sep 2018 4:48 PM

'Weak Rupee, high oil prices to aid flood-hit Kerala as remittances go up'

The bank feels reverses in its asset quality may reflect in the December.

09 Sep 2018 12:23 PM

Govt need not respond to daily, weekly changes in oil prices: Niti Aayog

Crude oil has gained USD 7 a barrel in a fortnight, driven by fears that the US sanctions on Iran will likely contract supplies.

05 Sep 2018 4:10 PM


No relief on fuel prices soon, worse ahead likely

Petrol and diesel rates reached fresh highs on Tuesday commanding a price of Rs 79.31 and Rs 71.34 a litre in Delhi.

05 Sep 2018 8:20 AM

ONGC Q1 net profit up 58 per cent to Rs 6,144 crore

The company said in a stock exchange filing that its revenue from operations rose to Rs 27,212.83 crore.

02 Aug 2018 5:39 PM

Oil prices drop on oversupply concerns as OPEC output increased in July

OPEC hiked production by 70,000 barrels per day (bpd) to 32.64 million bpd, the most this year.

31 Jul 2018 10:22 AM

Oil prices fall on demand concerns as G20 warns of risks to growth

US West Texas Intermediate (WTI) futures declined 13 cents, or 0.2 per cent, to $68.13 a barrel.

23 Jul 2018 9:37 AM

Oil prices drop amid surprise jump in US stockpiles

Brent futures were down 31 cents, or 0.4 per cent, at $71.85 a barrel by 0240 GMT.

18 Jul 2018 9:16 AM


IMF slashes India's growth prediction to 7.3 per cent for 2018

Further, the international financial organisation forecasted a rate of growth of 7.8 per cent for 2019.

17 Jul 2018 10:48 AM

Oil prices climb on tightening US market

US crude inventories fell by 4.5 million barrels in the week to June 29 to 416.9 million barrels.

04 Jul 2018 8:51 AM

Higher oil, GST may boost states revenue by Rs 37,400 cr in FY 2019

The tax revenue of the states has gone up in FY18 due to increased tax compliance and broader tax base.

15 Jun 2018 4:18 PM

Economy: Good and bad news

Some relief may come if there’s a normal monsoon, but oil prices, dependent on the whims of oil producing countries, will fuel the price rise.

14 Jun 2018 2:16 AM

Oil edges up on cautious optimism over Trump, Kim summit

Brent crude futures were trading at $76.56 per barrel at 0201, up 10 cents from their last close.

12 Jun 2018 8:51 AM