Iran oil exports hit 2.44 million barrels per day
Iran boosted its oil exports to 2.44 million barrels per day in late October as it regains market share lost during years of international sanctions, its oil minister said Wednesday.
Nov 02, 2016, 17:22 PM IST
Angolan state oil company mirrors nation's troubles
Angolan state-owned oil company Sonangol rode the commodities boom that drove the country`s extraordinary growth after civil war ended in 2002, but today it symbolises a national economic crisis.
Oct 30, 2016, 12:16 PM IST
Delhi HC dismisses Cairn India's plea for export of excess crude
Delhi High Court on Tuesday dismissed a plea filed by UK-based Vedanta group company, Cairn India Ltd, seeking permission to export excess crude from its Barmer oil field in Rajasthan.
Oct 18, 2016, 11:29 AM IST
Diesel price hike: Know how much it costs in your city now
Prices of non-branded Diesel in metro-cities
Oct 15, 2016, 19:54 PM IST
Petrol price hiked by Rs 1.34 per litre, diesel by Rs 2.37
Petrol price was on Saturday hiked by Rs 1.34 a litre, the fifth increase in two months, and diesel by Rs 2.37 a litre on back of spike in global rates.
Oct 15, 2016, 19:24 PM IST
Oil climbs above $52 per barrel on support from US fuel stocks
Supported by drop in US fuel inventories, oil price climbed above $52 per barrel on Friday. It comes at a time when OPEC is mulling over a plan to reduce oil production.
Oct 14, 2016, 20:20 PM IST
India's oil imports from Iran fall 4.1 percent in September
India`s purchases of Iranian oil fell 4.1 percent in September, slipping from August when imports from Tehran hit their highest in at least 15 years, according to ship tracking data.
Oct 12, 2016, 12:39 PM IST
Crude oil down on OPEC doubts as it floats 6-month output cap plan
Oil prices on Tuesday retreated from one-year highs, after OPEC said it was trying to reach a global agreement to cap production for at least six months amid doubts about how much that would reduce a crude glut.
Oct 12, 2016, 02:54 AM IST
Brent oil price hits highest level of $53.45 a barrel in a year
Brent North Sea crude rose to $53.45 a barrel on Monday -- its highest price in a year after President Vladimir Putin indicated Russia was ready to join measures to limit global oil production.
Oct 10, 2016, 21:06 PM IST
Oil falls back from $50, but Indian basket regains this level
Oil fell back from $50 a barrel in early trade on Monday after Saudi Arabia hinted that the output freeze agreed upon by the OPEC cartel countries last month would be effected quite gradually.
Oct 10, 2016, 18:16 PM IST
Crude oil eases off 4-month high as speculators doubt deal to cut output
Oil eased off four-month highs on Monday as doubts over oil producers reaching a meaningful output cut deal brought some speculators to unwind bullish bets.
Oct 10, 2016, 15:37 PM IST
US oil prices top $50 a barrel for 1st time since June
Oil prices in New York rose above $50 a barrel on Thursday for the first time since June, boosted by lower US petroleum inventories.
Oct 06, 2016, 19:23 PM IST
Crude falls in International Market with 0.5% surge in WTI, Brent crude
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Oct 06, 2016, 16:18 PM IST
MCX looks to launch options trading in Jan-Mar quarter
Leading commodity exchange MCX plans to launch options trading in the next quarter of this fiscal in a few commodities like bullion and crude oil following Sebi's decision to allow such trading on bourses.
Oct 03, 2016, 15:28 PM IST
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
OPEC supply cut deal to add as much as $10 to H1 2017 oil prices: Goldman
Goldman Sachs said the deal reached by OPEC crude producers on Wednesday to curb output should add $7 to $10 to oil prices in the first half of next year.
Sep 29, 2016, 11:58 AM 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
Oil prices rebound on weaker dollar despite bigger-than-expected US stock build
Oil prices rose in early Asian trade on Thursday, rebounding on a weaker U.S. dollar after falling around 3 percent or more in the previous session following a surprisingly large build in U.S. crude and distillate stocks last week.
Sep 01, 2016, 06:11 AM IST
July core sector growth at 3.2% vs 5.2% in June
Infrastructure sector grew at 3.2 percent in July mainly because of improvement in performance of energy sector, especially refinery output.
Aug 31, 2016, 18:42 PM IST
Oil falls amid supply glut, lower prospects of output freeze
Amid the recent fluctuation in global crude oil rates, prices fell on Friday, in a situation of supply glut following indications from Saudi Arabia that no output freeze was in the offing.
Aug 26, 2016, 18:30 PM IST