OPEC move to cut production may adversely affect India
Amit Kapoor and Sankalp Sharma/IANS
Dec 08, 2016, 13:08 PM IST
Big News : OPEC decides to reduce its oil production
OPEC decides to reduce its oil production. Watch complete news story of News 360 for getting detailed updates!
Dec 01, 2016, 13:15 PM IST
Petrol price hiked by 13 paise a litre, diesel cut by 12 paise
Petrol price was on Wednesday hiked by 13 paise a litre, but that of diesel was cut by 12 paise per litre in line with international trends.
Nov 30, 2016, 18:05 PM IST
Mandi Live : Crude prices fall below $48/barrel in International market
Crude prices fall below $48/barrel in International market.
Nov 29, 2016, 14:44 PM IST
`Worse than hell`: Indian migrants recall Saudi nightmare
The workers from India, Pakistan, Bangladesh and the Philippines were left destitute, without enough money to get home or even to buy food after losing their jobs.
Mandi live | Crude market on law in international market
Crude market on law in international market.Watch the full segment for more details.
Sep 30, 2016, 15:08 PM IST
Oversupply in crude may lead to pressure on its price
Oversupply in crude may lead to pressure on its price. Watch this special segment and get to know more here.
Sep 14, 2016, 15:46 PM IST
Saudi Arabia and Russia sign oil pact, could limit output
Saudi Arabia and Russia on Monday signed a deal to seek cooperation in the oil market, including on limiting output, sending oil prices sharply higher on hopes the two top producers would work together to tackle a global glut.
Sep 05, 2016, 18:05 PM IST
Price of brent crude crosses 46$ / barrel
Price of brent crude crosses 46$ / barrel. Watch this special segment and get to know more here.
Aug 12, 2016, 16:05 PM IST
Oil dives 2%, heads for weekly loss as US rigs rise
Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows.
Jul 23, 2016, 09:13 AM IST
ONGC saddled with Rs 392 cr additional royalty, Rs 1,100 cr burden on Oil India
ONGC will have to shell out Rs 392 crore and Oil India Ltd over Rs 1,100 crore after the government ordered them to pay royalty at gross crude oil price and not the net rate they actually realise.
Jul 22, 2016, 10:47 AM 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
India ready to clear $6.5 billion of Iran's oil dues ahead of Modi's visit
Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $6.5 billion of the dues for oil import from that country at the earliest, provided there was clarity on payment channel.
May 01, 2016, 18:58 PM IST
IEA says oil price rout may finally be over
The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said today, noting oil's "remarkable recovery" over recent weeks
Mar 12, 2016, 01:31 AM IST
Oil prices dip on continued oversupply, despite news of meeting to freeze output
Crude oil prices dipped in early trading on Friday as reports of a meeting by oil producers to freeze output failed to convince traders that enough effort was being made to rein in ballooning global oversupply.
Feb 26, 2016, 09:34 AM IST
Oil slumps again; US crude at 2003 low
Without any particular market-moving news but a persistent global crude oil glut, the oil market slid again Thursday, dragging US crude to its lowest price in nearly 13 years.
Feb 12, 2016, 04:18 AM IST
US crude oil prices fall as inventories hit record high
US crude prices dipped in early Asian trading on Thursday as oil storage levels hit record highs, and Goldman Sachs said prices would remain low and volatile until the second half of the year.
Feb 11, 2016, 07:17 AM IST
Oil slumps on IEA’s gloomy market outlook
Oil resumed heavy falls on Tuesday, erasing earlier gains in highly volatile trade, after the International Energy Agency issued a gloomy market outlook.
Feb 10, 2016, 00:13 AM IST
Gold jumps to 12-week high as equities and oil tumble
Gold rallied to its highest in nearly 12 weeks on Tuesday as a fresh rout in world stocks and a slide in oil prices battered appetite for risk, sending investors fleeing to alternative assets.
Jan 26, 2016, 19:45 PM IST
Oil dives to fresh 12-year low under $27
Oil plunged to fresh 12-year lows under US$27 on Wednesday (Jan 20), slammed by gloomy economic forecasts, China's slowdown and abundant crude supplies.
Jan 20, 2016, 23:48 PM IST
