'Assembly polls, crude oil, developments at trade front crucial for equity market this year'
Of late, rupee woes, high crude oil prices, unabated foreign fund outflows and escalating trade tensions between the US and China have dampened the market sentiment.
Sep 20, 2018, 18:22 PM IST
India's fuel demand rose 0.8% YoY in August
Sales of gasoline, or petrol, were 7.8 percent higher from a year earlier at 2.36 million tonnes.
Sep 14, 2018, 15:44 PM IST
Govt raises ethanol price for blending in petrol by 25%
Also, OMCs will pay GST and transportation charges.
Sep 13, 2018, 11:44 AM IST
Petrol touches Rs 90.11 in Maharashtra's Parbhani
On the 15th day of consecutive hikes, petrol prices increased on Tuesday by Rs 0.14 and diesel by Rs 0.15.
Sep 11, 2018, 15:00 PM IST
In a bid to boot out US pressure on India, Iran ready for oil supplies on 'flexible measures'
While India maintains national interests are primary, market analysts and strategic experts believe US sanctions on Iran could determine how countries deal with importing oil from the West Asian country.
Jul 13, 2018, 13:29 PM IST
US says no exemption to India on oil imports from Iran
Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia. It supplied 18.4 million tonnes of crude oil during April 2017 and January 2018.
Jun 27, 2018, 18:10 PM IST
SBI to stop handling Iran oil payments: IOC
Iran offers Indian refiners a 60-day credit period on oil sales, which means payment for cargoes loaded from end-August will be due in November.
Jun 15, 2018, 13:03 PM IST
Oil hits 3-1/2-year high after US quits Iran deal
Brent crude oil touched its highest since November 2014 at $77.20 a barrel.
May 09, 2018, 17:30 PM IST
Donald Trump to announce decision on Iran nuclear deal; we are prepared, says Tehran
The Iran deal, negotiated during the administration of Barack Obama, eased economic sanctions on Iran in exchange for Tehran limiting its nuclear program.
May 08, 2018, 18:13 PM IST
MCX to launch options trading in crude oil on May 15
Significantly, this is India's first crude oil options contract and on its expiry, the open position will devolve into the respective underlying futures position.
May 08, 2018, 17:42 PM IST
China rebuffs US criticism of relations with oil-rich Venezuela
China`s support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said on Monday after the U.S. Treasury accused China of aiding Venezuelan President Nicolas Maduro`s government with murky oil-for-loan investments.
Feb 05, 2018, 16:36 PM IST
Brent oil hits $71 for 1st time since 2014 as dollar drops, US stocks decline
Analysts said that rising oil prices would likely start to have an inflationary effect.
Jan 25, 2018, 11:26 AM IST
India's 2017 oil demand growth posts lowest gain since 2013
The low growth also coincided with another year of weak, albeit improving, new vehicle sales.
Jan 11, 2018, 11:17 AM 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 eases as traders, investors grow edgy ahead of OPEC
Oil has been under pressure for the last two weeks since peaking in early November.
Nov 21, 2017, 09:43 AM IST
Petrol, diesel prices to cost more as crude oil hits 28-month high
Globally, oil prices rose 3.5 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia's crown prince cemented his power with an anti-corruption crackdown, while the US rig count fell and markets continued to tighten.
Nov 07, 2017, 12:07 PM IST
Oil prices dip on record US exports, but OPEC-led supply cuts lend support
The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week, surpassing the 1.5 million bpd record set the previous week.
Oct 05, 2017, 11:01 AM IST
US oil dips below $50 per barrel over doubts recent rally will last
Traders said the drops came over concerns that a third-quarter market rally that had lifted Brent to mid-2015 highs by late September had been overdone.
Oct 04, 2017, 10:52 AM IST
Oil rises to 26-month high; Turkey threatens to cut Kurdistan oil pipeline
London Brent crude for November delivery was up 1 cent at USD 59.03 a barrel after settling up 3.8 percent on Monday. Earlier it rose to USD 59.49, the highest since July 10, 2015.
Sep 26, 2017, 13:54 PM IST
Eight core sectors growth slips to 2.4% in July
The growth of eight core sectors slowed to 2.4 percent in July due to contraction in output of crude oil, refinery products, fertiliser and cement.
Aug 31, 2017, 19:29 PM IST