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Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Risk premium on oil to go up: Icra

Thus, their net realisation and cash accruals will improve unless the extant under-recovery sharing formula is changed.

18 Sept 2019 1:36 AM IST

The current global crisis is an opportunity for India

The current global crisis is an opportunity for India

The crash in crude oil prices is a blessing for the country

10 March 2020 10:55 PM IST

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease. (AFP Photo)

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

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 IST

Oil prices ease on dim economic outlook despite signs of firmer demand. (AFP Photo)

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 IST

Asia shares, oil rally on vaccine hopes. (AP Photo)

Asia shares, oil rally on hopes for coronavirus vaccine

Oil prices jumped to their highest in over two months, as the easing of global lockdowns boosted

19 May 2020 9:15 AM IST

Sensex drops over 200 pts in early trade. (PTI Photo)

Sensex dips 200 points, slips below 31k; Nifty tests 9,100 level

M&M was the top laggard in the Sensex pack, cracking over 3 per cent

15 May 2020 10:43 AM IST

Oil prices were mixed on Friday after big gains a day earlier when the International Energy Agency (IEA) predicted crude stockpiles. (AFP/PTI Photo)

Oil mixed as coronavirus risks offset hopes that crude stockpiles will...

Prices have been lifted by more signs that oil output is falling among OPEC and other major producers

15 May 2020 9:05 AM IST

Sensex slips over 600 points, Nifty below 9,300 level. (PTI Photo)

Sensex plummets 886 points, Nifty cracks below 9,200

Tech Mahindra was the top laggard in the Sensex pack, cracking over 5 percent

14 May 2020 10:57 AM IST

Sensex zooms over 1,400 pts on PM Modis Rs 20 lakh cr economic booster. (PTI Photo)

Sensex zooms over 1,400 pts on PM Modi's Rs 20 lakh crore economic...

ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent

13 May 2020 11:07 AM IST

Oil prices drop amid supply glut, fears of 2nd coronavirus wave. (AFP Photo)

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 IST

Oil set for positive finish to week as lockdowns eased, (AFP Photo)

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

8 May 2020 9:35 AM IST

Oil prices rose on Thursday after U.S. inventories swelled less than expected. (AFP Photo)

Oil gains as US inventories grow less than feared

While prices have risen sharply since April as some countries started easing lockdowns put in place to combat worst...

7 May 2020 9:20 AM IST