Crude Oil
- India
Petrol, diesel prices continue to rise
New Delhi: Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than…
- India
Petrol, diesel prices hiked again
New Delhi: Petrol and diesel prices were hiked by 80 paise a litre each on Saturday, the fourth increase in five days as oil firms passed on to consumers the spike in…
- India
Inflation set to go up, govt must act to protect people: Rahul
New Delhi: Congress leader Rahul Gandhi on Saturday cautioned that inflation will rise further and urged the government to act now to protect the people of the country. Asserting that inflation is…
- Business
Air fares to go sky-high as jet fuel prices surge
New Delhi: Exorbitant jet fuel prices on the back of high crude oil costs are expected to drive up domestic air fares from their current levels. In recent days, fares have risen…
- India
Indian Oil Corporation buys Russian crude oil at deep discount
New Delhi: Indian Oil Corporation (IOC), the nation’s top oil firm, has bought as much as 3 million barrels of crude oil that Russia had offered at a steep discount to prevailing…
- Business
Retail fuel prices would need to be increased by 15% to reflect international crude prices
New Delhi: Retail fuel prices have not been marked to market for a few months and should be increased by approximately 15 per cent to reflect the current international crude prices, Morgan…
- Business
With crude hovering around $95-$130, fuel price hike inevitable
New Delhi: Continued hostilities between Russia and Ukraine as well as rising demand is expected to keep global crude oil prices in the range of $95-$125 per barrel in the short to…
- World
Brent crude oil price surges after suspension of Iran nuclear talks
New Delhi: Brent crude oil price once again rose on Friday after the suspension of Iran nuclear talks. It surged by 2.94 percent. During the day, the price remained fluctuating and ultimately,…
- World
List of countries that depend on Russian oil
New Delhi: Ever since Russia’s invasion of Ukraine, the price of Brent crude oil is on boil. It has recently reached near $140 per barrel. Although the price has cooled down and…
- India
Are petrol, diesel prices set to rise? Know what govt says
New Delhi: Petrol and diesel prices in India are most likely to be increased soon as the ongoing Russia-Ukraine war has led to a surge in crude oil prices globally. The price…
- World
Russia now global economic pariah, claims Biden administration
Washington: Russia has become a global economic pariah after it attacked Ukraine and the international community has joined the US in imposing tough sanctions against Moscow, the Joe Biden administration has claimed.…
- World
Removing Russian oil from market would raise prices to over $300 per barrel
New Delhi: Removing Russian oil from the market would make energy prices skyrocket to over $300 per barrel of oil, Russia’s deputy Prime Minister Aleksandr Novak has said, adding that Russia is…
- World
Can wealthy nations stop buying Russian oil?
Massachusetts: Russia produces close to 11 million barrels per day of crude oil. It uses roughly half of this output for its own internal demand, which presumably has increased due to higher…
- India
Indian stocks follow spooked global markets as Ukraine crisis worsens
Mumbai: Domestic equity gauges Sensex and Nifty crashed over 2.5 per cent in early morning deals on Thursday following massive selloffs in global share markets after Russia announced military operation in Ukraine.…
- World
Russia-Ukraine tensions keep crude elevated
New Delhi: Tensions between Russia and Ukraine continued to keep crude oil prices on the boil. On Wednesday, brent-indexed crude oil prices traded at $94-$95 per barrel, which is at its multi-year…
