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
TML's credit profile was already under pressure due to lower auto sales and falling demand in key markets even prior to coronavirus outbreak
19 Jun 2020 1:04 PM
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
Many airlines have improved liquidity but at the cost of rising debt burdens
08 Jun 2020 12:03 PM
On Saturday OPEC+ agreed to extend the deal by a third month through end-July
08 Jun 2020 9:03 AM
Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions
06 May 2020 8:42 AM
The moves extended a dour start in May which began on Friday with bleak U.S. data and the threat of fresh trade-war hostilities
04 May 2020 9:03 AM
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
The Oil Fund had sold its contracts due to expire in June to move into longer-dated holdings amid fears about storage space
29 Apr 2020 8:40 AM
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 markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus around the world batter demand
20 Apr 2020 9:40 AM
Oil markets tracked a rise in Asian stock markets and on Wall Street overnight
17 Apr 2020 9:03 AM
The International Energy Agency said Wednesday that 2020 was likely to be "the worst year in the history" of the sector
16 Apr 2020 9:00 AM
Indian exports to China grew 25.6 per cent to USD 16.75 billion in FY2018-19 from a year ago.
27 Jan 2020 11:46 AM
Brent crude futures soared to a high of USD 70.27 a barrel at 0222 GMT, up USD 1.67, or 2.4 per cent.
06 Jan 2020 10:59 AM
The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.
07 Dec 2019 10:46 AM
Brent futures LCOc1 rose 39 cents, or 0.6 per cent, to USD 62.76 per barrel.
14 Nov 2019 12:56 PM
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
13 Nov 2019 10:54 AM
Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.
04 Nov 2019 9:46 AM
A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.
24 Oct 2019 1:10 PM