Oil price

Oil Marketing Stocks In Limelight On Account Of Fall In Crude Price

Sugar stocks too witnessed fresh buying due to improved domestic demand.

Nov 23, 2023, 17:19 PM IST

BIG UPDATE On Petrol, Diesel Price; Govt May Cut Fuel Prices By Rs 3-5 A Litre Around Diwali

Last week, the government cut the price of the domestic 14.2kg LPG cylinder by Rs 200/LPG cylinder for all 330 million consumers w.e.f. August 30.

Sep 06, 2023, 15:45 PM IST

ONGC Q1 Net Profit Drops 34% On Lower Oil Prices, Output

ONGC, India's top crude oil and natural gas producer, earned USD 76.49 for every barrel of crude oil it produced and sold from nomination fields against a net realisation of USD 108.55 per barrel last year.

Aug 12, 2023, 15:34 PM IST

Oil Prices Up In July By 16 Percent; Highest Since Jan 22

The crypto market was an exception to the green wave, as Bitcoin & Ethereum fell by 4 percent, followed by the collapse of FTX, one of the largest global cryptocurrency exchanges.

Aug 11, 2023, 20:03 PM IST

Big Relief For Consumers! Govt Asks Companies To Cut Edible Oil Prices With Immediate Effect

The stakeholders were advised to take up the issue with their members immediately and ensure that the MRP of each oil brand be reduced in line with the decline in the international prices of edible oils with immediate effect.

May 05, 2023, 08:37 AM IST

Spike in OIL price is BREAKING India's back: EAM S Jaishankar in US

Surge in international oil price: External Affairs Minister S Jaishankar on Tuesday said that India is deeply concerned about the price of oil since it is a USD 2,000 per capita economy. The surge in oil price is breaking India's back and it remains a big concern, he said in the US.

Sep 27, 2022, 23:28 PM IST

Lanka IOC provides fuel as government pumps go dry in island nation

On Monday, The Sri Lankan government announced that only essential services will operate from midnight till July 10 and all other operations will be temporarily suspended as the crisis-hit nation faces an acute fuel shortage.

Jun 30, 2022, 08:54 AM IST

Edible oil prices become cheaper, major brands cut MRP by Rs 10-15 per litre --Check new rates here

As per government data, the average retail prices of packaged edible oils have ease slightly, except for groundnut oil, across the country since the beginning of this month and are ruling between Rs 150 and 190 per kg.

Jun 23, 2022, 08:40 AM IST

Petrol pumps in Rajasthan facing acute supply issue, 4,500 petrol pumps stop selling fuel after 9pm: Reports

As per media reports, nearly 4,500 petrol pumps out of 6,700 outlets in Rajasthan are facing acute shortate of oil. Reports further said that the petrol pum owners have to wai for over three days --starting from demand draft booking to getting the supply. 

Jun 13, 2022, 09:57 AM IST

With petrol prices crossing Rs 420 and diesel Rs 400, Sri Lanka encourages people to work from home

Sri Lanka has now raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, taking the most-used Octane 92 petrol price at Rs 420 (USD 1.17) and diesel at Rs 400 (USD 1.11) per litre.

May 25, 2022, 09:37 AM IST

Sri Lanka fuel crisis worsening: 2-day old infant dies as father couldn't find petrol

Sri Lanka is currently facing a severe power and fuel emergency and is struggling to find dollars to import fuel and gas among other essentials.

May 23, 2022, 10:33 AM IST

DNA: Why PM Modi had to speak on petrol and diesel prices?

Today, Prime Minister Narendra Modi appealed to many states of the country to reduce VAT to reduce oil prices. However, these are the state governments where there are often protests against expensive oil prices.

Apr 28, 2022, 01:32 AM IST

Diesel prices raised by Rs 75 per litre, petrol by Rs 50 per litre --Know what Lanka Indian Oil Company said

With this increase, the price of petrol has shot up to Rs 254 per litre and diesel to Rs 214 respectively, an unprecedented high in fuel prices that comes at a time when the island nation is currently in the midst of its worst economic crisis in decades.

Mar 14, 2022, 09:57 AM IST

Petrol prices come down to Rs 81.86 a litre, diesel at Rs 72.93

On Friday, there was no change in the fuel prices while on Thursday, both diesel and petrol went cheaper.

Sep 12, 2020, 08:39 AM IST

Oil prices rise, head for weekly gain amid cautious hopes for rise in fuel demand

Prices have been bolstered this week by US government data showing crude oil, gasoline and distillate inventories all fell last week as refiners ramped up production and demand for oil products improved.

Aug 14, 2020, 08:29 AM IST

Oil prices jump as demand shows signs of picking up

US crude prices jumped 7% on Friday to their highest since March, on strengthening fuel demand as countries around the world eased travel restrictions they had imposed to curb the spread of the coronavirus.

May 16, 2020, 07:00 AM IST

Dharmendra Pradhan hints at new gas policy, says low oil prices no answer

Pradhan also said that India favours reasonable prices that give some space to the producer countries.

May 08, 2020, 18:14 PM IST

Oil prices extend rebound on output cuts, still set to end tumultuous week in the red

Brent crude was up 60 cents, or 2.8%, at $21.93 by 0133 GMT, having climbed 5% on Thursday. US oil gained 66 cents, or 4%, at $17.16 a barrel, after surging 20% in the previous session.

Apr 24, 2020, 10:54 AM IST

Crude oil prices below zero; know the reasons for the plunge

Oil prices plunged below zero for the first time on Monday (April 20, 2020) as demand for energy collapses across the globe amid the coronavirus pandemic and traders sought to avoid owning crude having left with no space to store it.

Apr 21, 2020, 08:29 AM IST

Coronavirus COVID-19: Oil firmer on OPEC+ deal, equities unable to shake pandemic fears

Global shares fell on Monday as investors braced for more signs of economic damage from the coronavirus pandemic although a landmark deal by OPEC and its allies to slash output helped oil prices climbed in volatile trade.

Apr 13, 2020, 08:50 AM IST