Crude Oil

OPEC sees oil glut continuing to ease in 2016-17

OPEC said Tuesday it expected the global supply glut to ease further this year and next thanks to reductions in oil output from producers outside the cartel, particularly the United States.

Jul 12, 2016, 18:35 PM IST

Oil prices above $50, buoyed by US stock draw

Oil prices rose in early Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks.

Jun 22, 2016, 06:33 AM IST

Moody's ups oil price forecast to $40 per barrel for 2016

Moody's Investors Service on Friday revised upwards its price forecast for oil this year on the back of recent uptick in rates.

Jun 17, 2016, 19:04 PM IST

Dr Subhash Chandra Show: How to handle success?- Part IV

This week Dr Subhash Chandra Show reached the educational hub of the country, Pune.

Jun 12, 2016, 00:38 AM IST

Dr Subhash Chandra Show: How to handle success?-Part III

This week Dr Subhash Chandra Show reached the educational hub of the country, Pune.

Jun 12, 2016, 00:37 AM IST

Dr Subhash Chandra Show: How to handle success?- Part II

This week Dr Subhash Chandra Show reached the educational hub of the country, Pune.

Jun 12, 2016, 00:36 AM IST

Dr Subhash Chandra Show: How to handle success?

This week Dr Subhash Chandra Show reached the educational hub of the country, Pune.

Jun 12, 2016, 00:34 AM IST

Saudi Arabia unveils first targets in sweeping reform plan

In a press conference in the early hours of Tuesday in Jeddah, officials revealed sweeping plans to create some 450,000 non-government jobs by 2020, boost non-oil revenues and cut the cost of public wages.

Jun 07, 2016, 17:03 PM IST

No final decision taken on crude extraction by OPEC group

No final decision taken on crude extraction by OPEC group.

Jun 03, 2016, 14:33 PM IST

Petrol prices up Rs 4.47/litre, diesel Rs 6.46 in last 5 weeks

Petrol price has been hiked by a steep Rs 4.47 a litre and diesel by Rs 6.46 per litre in the last five weeks, taking retail rates to their highest level in one year.

 

Jun 01, 2016, 14:24 PM IST

India's 8 core sectors growth soars to 4-year high in April

India's eight core sectors growth rose by 8.5 percent in April compared to (-)0.2 percent in same month last year.

 

May 31, 2016, 17:42 PM IST

Brent oil pushes above $50 for first time in nearly seven months

Brent had climbed 34 cents to $50.08 a barrel by 0520 GMT, its highest since Nov. 4. It ended the previous session up $1.13, or 2.3 percent.

May 26, 2016, 12:27 PM IST

Oil prices dip as Iran says no plan to freeze output

Despite a recent rebound, world crude prices are still at less than half of their levels of June 2014 because of a supply glut, partly fed by Iran's return to world markets in January after the lifting of nuclear-linked Western sanctions.

May 23, 2016, 23:50 PM IST

Rapidness in Crude , Gold and Silver

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May 16, 2016, 21:47 PM IST

Wall Street drops at end of tough week for retailers

US stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and JC Penney overshadowed upbeat April retail sales data.

May 14, 2016, 02:17 AM IST

Oil price falls from 2016 high

The IEA's monthly report was published one day after news of a drawdown in US oil inventories that signalled strong demand in the world's top oil consumer -- and sent prices racing higher.

May 13, 2016, 03:18 AM IST

'Cairn can't export crude till India attains self sufficiency'

The submission was made by the Ministry of Petroleum and Natural Gas which is opposing Cairn's request for permitting them to export crude oil.

May 05, 2016, 23:30 PM IST

Earnings drag Wall Street lower even as oil steadies

Disappointing earnings reports from Microsoft and other major companies pushed Wall Street lower on Friday, overshadowing a surge in oil prices which lifted energy shares

Apr 22, 2016, 23:04 PM IST

RIL Q4 profit rises 16% to Rs 7,398 crore

Reliance Industries today reported a 16 jump in the March quarter net profit to a record quarterly earning of Rs 7,398 crore on the back of higher refining and petrochem margins.

Apr 22, 2016, 17:56 PM IST

Petrol gets cheaper: Know the latest price list city wise

Petrol gets cheaper: Know the latest price list city wise

Apr 15, 2016, 19:24 PM IST