Bulls seem to have taken a break after lifting the price of crude oil futures from about ₹2,600 in November last year to a high of ₹4,985 early this month.…
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India will keep its strategic and economic interests in mind while sourcing crude oil: Dharmendra Pradhan
NEW DELHI : India, the world’s third-largest oil importer on Friday said that it will source crude oil from any country, that offers cheaper and favourable terms. While articulating India’s…
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Oil prices resumed their dec on Monday, falling around 1 per cent as worries about a drop in demand for fuel products in the wake of yet European lockdowns…
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OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new US administration called on Saudi Arabia to keep energy affordable, mirroring Donald Trump’s practice…
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Domestic gas prices have been kept unchanged at $1.79/mmBtu (million British thermal units). This is not encouraging news for upstream oil and gas producers as Oil and natural Gas Corp.…
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Oil prices fell 1% on Tuesday on concerns that new pandemic curbs and slow vaccine rollouts in Europe will slow a recovery in fuel demand and as producers cut prices,…
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Crude prices rose on Thursday,recouping some of the previous session’s losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the…
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Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their…
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(Bloomberg) — The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating…
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Oil held losses in early Asian trading amid concern over near-term demand and dollar strength ahead of a closely watched OPEC+ meeting this week at which the group will decide…
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The size of the mustard oil industry is around Rs 40,000 crore, at current prices and projected output of the oilseed. The food standard regulator, FSSAI, has banned blending of…
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Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and attention switched to an OPEC+ meeting this week where the extension of…
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Oil retreated as salvage teams refloated the giant vessel that has been blocking the Suez Canal, and traders weighed the impact of renewed lockdowns on global energy consumption before an…
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TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying…
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Oil was slightly lower on Monday, relatively placid after four sessions of wild swings in price, as efforts continued to dig out the giant container ship clogging the Suez Canal…
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Oil was slightly lower on Monday, relatively placid after four sessions of wild swings in price, as efforts continued to dig out the giant container ship clogging the Suez Canal…
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Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital…
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26 March 2021, Egypt, Suez: A boy observes two tugboats taking part in the refloating operation carried out to free the “Ever Given”. picture alliance | picture alliance | Getty…
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Oil prices fell than 1 per cent as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship…
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Text size Goldman Sachs analyst Neil Mehta thinks ConocoPhillips is attractive now because it’s fallen dramatically than some other big oil producers in the past few weeks. Chet Strange/Bloomberg…
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The domestic production of crude and natural gas remained below pre-Covid levels in February, according to data released by the Petroleum Planning and Analysis Cell. Crude production during February was…
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TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re loing at some roller coaster volatility for the…
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India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+decided last week to largely continue production…
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TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are…
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Oil rallied to the highest in nearly two years in New York after OPEC shocked markets with a decision to keep supply limited as the global economy recovers from a…
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Oil prices rose early on Friday, adding to big gains overnight after OPEC and its allies agreed to not increase supply in April as they await a solid recovery…