Crude Oil

Oil prices soar as Ukraine conflict stokes supply concerns

U.S. West Texas Intermediate (WTI) April crude futures were up $4.14, or 4.33%, at $99.86 a barrel after hitting its highest level since July 2014 at $101.53.

Mar 01, 2022, 19:13 PM IST

Crude oil at $100 per barrel, Govt may release Strategic Petroleum Reserves

India is the world's third-biggest oil importer of crude oil and imports over 80% of its oil needs. 

Feb 26, 2022, 18:40 PM IST

How crude oil at $100 will affect India

In such a situation, India too might not be able to bypass the effects of a global crisis. 

Feb 25, 2022, 23:34 PM IST

Oil tops $105 per barrel after Russia attacks Ukraine

Russia launched an all-out invasion of Ukraine by land, air and sea in the biggest attack by one state against another in Europe since World War Two.

Feb 25, 2022, 08:55 AM IST

Oil heads for weekly fall on Iranian oil hopes

Fears over possible supply disruptions resulting from the Russian military presence at Ukraine`s borders have limited losses this week.

Feb 18, 2022, 21:31 PM IST

Oil slumps from 7-year high as Russia says withdraws some troops

It was not clear how many units were being withdrawn, and by what distance, after a build-up of an estimated 130,000 Russian troops.

Feb 15, 2022, 22:21 PM IST

India's December crude oil imports at one-year peak

However, imports were down 4.1% compared with a year earlier and were 5% higher from December 2019 before the onset of the pandemic.

Jan 24, 2022, 22:24 PM IST

Oil hits 6-week high on fears of US supply disruptions from storm Nicholas

Brent crude was up 40 cents, or 0.5%, at $73.91 a barrel at 0444 GTM, having risen as high as $74.08 earlier.

Sep 14, 2021, 11:39 AM IST

Relief to common man! Centre cuts import taxes on vegetable oils to calm prices

The base import tax on refined grades of palm oil, soyoil and sunflower oil cut to 32.5% from 37.5%. 

Sep 11, 2021, 12:54 PM IST

Petrol, Diesel Prices Today, June 26, 2021: Petrol crosses Rs 100 in Patna, Trivandrum, check rates in your city

After crossing the Rs 100 mark, there’s no stopping for petrol prices in Mumbai. On June 26, petrol and diesel are retailing at Rs ₹104.22 per litre and Rs 96.16 per litre, respectively. 

Jun 26, 2021, 10:33 AM IST

After petrol, now edible oil puts kitchen budget on fire, increases upto 60% in a year

Crude palm oil has reached record highs. Soybean and Soya oil prices have also witnessed newer highs with prices increasing between 30% to 60% in a year, as a result of which edible oil has become so expensive. 

Mar 09, 2021, 16:49 PM IST

India should use oil it purchased last year at cheaper rates: Saudi Arabia

Responding to a question on India's pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the OPEC+ decision on Thursday (March 5) said New Delhi should take some of the crude out of storage that they had purchased at very cheap rates last year.

Mar 06, 2021, 13:06 PM IST

Eight core industries output grew 0.1% in January 2021, growth due to fertiliser, steel and electricity production

The core sectors had expanded by 2.2 per cent in January 2020, according to the provisional data released by the Commerce and Industry Ministry. During April-January 2020-21, the sectors' output declined by 8.8 per cent against a growth rate of 0.8 per cent in the same period of the previous year.

Feb 26, 2021, 19:17 PM IST

Diesel, Petrol prices remain unchanged after Diwali; check latest rates

The diesel prices had seen the first reduction since mid-March in September.

Nov 15, 2020, 17:48 PM IST

Gold, oil, rupee, petrol and diesel on September 29, 2020 – Here's what went up and what went down

Check out how gold, oil, rupee, petrol and diesel prices fared on September 29, 2020.

Sep 29, 2020, 17:55 PM IST

Gold, oil, rupee, petrol and diesel on September 28, 2020 – Here's what went up and what went down

Check out how gold, oil, rupee, petrol and diesel prices fared on September 28, 2020.

Sep 28, 2020, 17:35 PM IST

Gold, oil, rupee, petrol and diesel on September 24, 2020 – Here's what went up and what went down

Check out how gold, oil, rupee, petrol and diesel prices fared on September 24, 2020.

Sep 24, 2020, 17:46 PM IST

Gold, oil, rupee, petrol and diesel on September 22, 2020 – Here's what went up and what went down

Check out how gold, oil, rupee, petrol and diesel prices fared on September 22, 2020.

Sep 22, 2020, 17:35 PM IST

Gold, oil, rupee, petrol and diesel on September 21, 2020 – Here's what went up and what went down

Check out how gold, oil, rupee, petrol and diesel prices fared on September 21, 2020.

Sep 21, 2020, 18:26 PM IST

Gold, oil, rupee, petrol and diesel on September 18, 2020 – Here's what went up and what went down

Check out how gold, oil, rupee, petrol and diesel prices fared on September 18, 2020.

Sep 18, 2020, 18:05 PM IST