Oil
- Automobile
EV pioneer Elon Musk now says world needs more oil & gas
New Delhi: Tesla CEO Elon Musk, who started the electric vehicle (EV) revolution to save the climate, on Saturday asked the world governments to increase oil and gas production. Referring to the…
- Business
10-year High: Ukraine crisis pushes crude price close to $120 a barrel
New Delhi: Continuing hostilities between Russia and Ukraine pushed crude oil price to a 10-year high of $119.84 per barrel on Thursday. The global hike in crude oil prices led by the…
- Business
Crude at $111: Domestic petrol, diesel prices to sky rocket
New Delhi: The Russia-Ukraine crisis-led global hike in crude oil prices is expected to push India’s domestic prices of petrol and diesel by Rs 20-22 per litre. However, an excise duty cut…
- Business
Oil on the Boil: Brent races to $105 amid Russia-Ukraine hostilities
New Delhi: Brent-indexed crude oil prices climbed to $105 a barrel on Thursday after Russian President Vladimir Putin announced a military operation in Ukraine. This is the first time since 2014 that…
- Business
BPCL shares sink over 3% amid rising global crude oil prices
New Delhi: Shares of BPCL have fallen over 3 percent on Tuesday and around 8-10 percent since the start of the calendar year 2022. Much of the decline was evidently because of…
- Business
High oil prices, trade deficit to subdue rupee
New Delhi: High Crude oil prices along with a wider monthly trade deficit is expected to subdue the Indian rupee in the coming week. Accordingly, the rupee is expected to seesaw between…
- Pakistan
Pak oil firms make huge profits through tax-free imports
Islamabad: While Pakistan’s trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports. Around 15 OMCs are reported to have imported over 2.4 billion litres of…
