South Korean inflation slows in November
South Korea`s inflation rate hit its lowest point for nine months in November, as the plunge in global oil prices forced a drop in transport costs, state data showed Tuesday.
Dec 02, 2014, 07:50 AM IST
ONGC net drops 10% on oil price slump
State-owned Oil and Natural Gas Corp (ONGC) today reported a sharp 10 percent drop in its July-September net profit, the first decline in five quarters, after global oil prices slumped.
Nov 14, 2014, 20:30 PM IST
IMF: low oil prices to boost growth
The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said on Wednesday.
Nov 13, 2014, 08:32 AM IST
ONGC on the hunt for overseas producing assets
Oil and Natural Gas Corp wants to take advantage of falling oil prices to more than double its overseas output to the equivalent of 400,000 barrels per day of oil by 2018, Chairman D.K. Sarraf said.
Oct 27, 2014, 13:11 PM IST
Free diesel prices at the earliest: Rajan
The government must take advantage of the lowest oil prices in a year to deregulate diesel, RBI Governor Raghuram Rajan said on Monday.
Sep 15, 2014, 15:41 PM IST
Govt should de-regulate diesel prices: Raghuram Rajan
RBI Governor Raghuram Rajan on Monday said that its time that the government should de-regulate the diesel prices in the wake of falling global crude oil prices.
Sep 15, 2014, 11:03 AM IST
Oil prices fall after weak Chinese data
US benchmark West Texas Intermediate for October delivery eased USD 1.06 to USD 91.21
Sep 15, 2014, 09:03 AM IST
Brent holds above $98 on Mideast concerns; oversupply worries cap gains
US crude fell 8 cents to $91.59 after falling to $91.22 in the previous day, the lowest since May 2, 2013.
Sep 11, 2014, 12:01 PM IST
Brent slips but holds above $100 on OPEC output cut hopes
Expectations of production cuts by the Organization of the Petroleum Exporting Countries come as Gulf Arab oil ministers gather on Thursday in Kuwait for an annual meeting which could include discussion about price levels.
Sep 09, 2014, 11:37 AM IST
Brent crude falls towards $102 as demand concerns outweigh Libya unrest
Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest in OPEC oil producer Libya kept losses in check.
Sep 02, 2014, 13:53 PM IST
Petrol price to be cut by Rs 2.18/litre from Friday
Indian Oil Corp will cut the retail price of petrol by about 3 percent, or Rs 2.18/litre in New Delhi, from Friday.
Aug 14, 2014, 11:20 AM IST
Oil prices up in Asian trade
A decline in inventories typically indicates strong demand, sending prices higher.
Jul 16, 2014, 09:12 AM IST
Oil industry descends on Moscow amid high tensions
Moscow is expected to use the week-long event to emphasise its leading presence on the world energy scene.
Jun 15, 2014, 09:05 AM IST
Oil prices hit new nine-month peaks on Iraq violence
Global oil prices surged to fresh nine-month highs on Friday as traders eyed escalating violence in Iraq, OPEC`s second-biggest crude exporter.
Jun 14, 2014, 10:44 AM IST
OPEC at `consensus` to hold oil output ceiling
OPEC has reached a "consensus" to maintain its oil output ceiling, Venezuela`s energy minister said Wednesday, as the cartel`s members met to formally agree the no-change decision.
Jun 11, 2014, 15:50 PM IST
