Govt approves fiscal incentives for projects to improve oil recovery
For gas, a 75 percent discount in royalty would be given.
Sep 13, 2018, 11:43 AM IST
PM Modi likely to review state of economy this weekend
An increase in interest rate to shore up the rupee, that hit a fresh lifetime low Wednesday, is also being talked about in some quarters.
Sep 13, 2018, 11:11 AM IST
Blame for fuel price shock definitely lies with NDA government. Here's why
When 'international developments' were favourable, the NDA government took credit for something it didn't do. Now that situation is unfavourable, it doesn't want to take the blame.
Sep 10, 2018, 10:40 AM IST
IndiGo to levy up to Rs 400 fuel surcharge per passenger on domestic routes to offset rising oil prices; fares set to rise
IndiGo is the first local carrier to announce passing on the burden of spiralling jet fuel prices to the passengers.
May 29, 2018, 21:05 PM IST
Oil prices slump as OPEC and Russia consider output boost
Brent crude futures fell $2.35, or 3 percent, to settle at $76.44 a barrel.
May 26, 2018, 09:02 AM IST
Cheap fuel vs cheap mobile data: BJP leader's attack on Congress backfires
Twitter users fear he may be made India's next finance minister for his internet data cost vs fuel price comparison.
May 24, 2018, 08:58 AM IST
More pain in future? Analysts claim crude oil to touch $100/barrel by 2019
Petrol and diesel have surged on the back of rallying international markets for crude oil, which are at an all time high.
May 23, 2018, 12:05 PM IST
Increase in fuel prices due to reduced production of oil in OPEC, solution soon: Union Petroleum Minister Dharmendra Pradhan
Petrol prices on Sunday touched a record high of Rs 76.24 per litre and diesel climbed to its highest-ever level of Rs 67.57 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.
May 20, 2018, 22:50 PM IST
ONGC capital spending not impacted by oil price: Moody's
In a report, Moody's said while ONGC did not reduce capital spending on oil and gas exploration and production, it halted the pace of its international expansion as a response to the oil price slumping from USD 140 per barrel to under USD 40.
May 17, 2018, 14:41 PM IST
Inflation to average around 5.1% this fiscal: Report
On RBI's policy stance, the report said, the RBI has enough reasons to raise rates by 50 bps in this cycle.
May 15, 2018, 17:10 PM IST
Oil PSUs freeze petrol, diesel prices ahead of Karnataka polls
Daily price notification issued by oil firms showed static petrol and diesel price since April 24.
May 01, 2018, 14:37 PM IST
Oil prices slip as analysts warn of correction after 13% gain in the past month
Brent crude futures were at $69.07 a barrel at 0441 GMT, down from a high of $69.37 earlier in the day and 18 cents below their last close.
Jan 17, 2018, 12:36 PM IST
Oil prices near three-year highs, supported by healthy demand
Prices have been driven up by production curbs in OPEC nations and Russia, as well by strong demand thanks to healthy economic growth.
Jan 16, 2018, 12:45 PM IST
Oil hits highest since mid-2015, then dips
It was the first time since January 2014 that the two crude oil benchmarks opened the year above $60 per barrel, buoyed by large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.
Jan 03, 2018, 00:04 AM IST
Oil tops $65, first time since 2015, on UK pipeline outage
Oil also gained support from expectations the latest reports on US inventories will show a further tightening of supplies.
Dec 12, 2017, 16:24 PM IST
Sensex falls 228 points, ends below 33,300-mark
The broader Nifty too settled below the key 10,300-level, down 82.10 points, or 0.80 percent, at 10,240.15.
Dec 12, 2017, 15:45 PM IST
Oil bounces back from losses prompted by US fuel stocks
Data from the Energy Information Administration (EIA) on Wednesday showed that US crude oil inventories fell by 5.6 million barrels in the week to December 1, to 448.1 million barrels, putting stocks below seasonal levels in 2015 and 2016.
Dec 07, 2017, 21:26 PM IST
US trade gap widens in October on record imports
The trade deficit for the month was pushed by rising oil prices, as well as record imports from China ahead of the holiday shopping season, the Commerce Department said in its monthly report.
Dec 05, 2017, 19:51 PM IST
Oil steadies above $62 per barrel, expected fall in US inventory supports
An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster US output which climbed to nearly 9.5 million barrels per day in September.
Dec 05, 2017, 16:43 PM IST
Lucky 13? Global stocks score longest run of monthly gains on record
The world’s broadest equity gauge – the MSCI all-country index – was on course to finish November with its 13th straight monthly gain – the longest such winning streak in the index’s 30-year history.
Nov 30, 2017, 15:58 PM IST
