Friday, Dec 04, 2020 | Last Update : 08:08 PM IST

oil producers

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

Oil slips as traders eye supply cut easing at OPEC meeting

Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three months since May

13 Jul 2020 9:02 AM

Oil prices cautiously rise on output cut support

The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week

07 Jul 2020 9:04 AM

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 record low last week

29 Jun 2020 8:50 AM

Oil prices higher on tighter supply, but demand concerns resurface

Oil prices have also been supported by a recovery in fuel demand globally following a collapse in April-May during coronavirus shutdowns

22 Jun 2020 8:58 AM

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Oil prices slip even after OPEC meeting advanced

Saudi Arabia is proposing to extend record cuts from May and June until the end of the year, but has yet to win support from Russia

01 Jun 2020 9:11 AM

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

OPEC+ countries are set to meet again in early June to discuss maintaining their supply cuts to shore up prices

26 May 2020 8:42 AM

Oil prices slip on dim economic outlook, despite improved demand

A bleak economic outlook from the U.S. Federal Reserve put downward pressure on oil prices

20 May 2020 9:16 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 prices slide as US-China tensions offset virus hope

Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions

06 May 2020 8:42 AM

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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

Oil-sensitive stocks dip

The country buys over two-thirds of its oil, mostly from the Middle East, making it most vulnerable to any rise in oil price.

17 Sep 2019 1:22 AM

High crude prices hurting global growth: Modi to oil producers

The prime minister said crude oil prices at a four-year high was hurting global growth.

15 Oct 2018 5:49 PM

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

Prices of energy commodities to rise by 20 pc this year: World Bank

Agricultural commodities, including food commodities and raw materials, are anticipated to see a price rise of over two per cent this year.

25 Apr 2018 1:58 PM

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IMF projects deficits of $320 billion for Mideast oil exporters

IMF said economic growth in these countries bottomed out to around half a per cent in 2017.

31 Oct 2017 1:18 PM

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