Search For "crude oil price"
Crude oil prices plunge by 541 points despite OPEC+ extending production c
Updated : 1 year, 9 months ago IST
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, revealed that they would continue to enforce substantial oil production cuts totalling 5.86 million bpd.
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India leads surge in demand as oil anxiety subsides and gold prices rise
Updated : 1 year, 10 months ago IST
In April 2024, Brent Crude Oil prices hovered around USD 89.4 per barrel, experiencing a slight ease due to concerns over global demand and a stronger dollar index.
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Crude oil prices can hit USD 100 a barrel in 2024 if OPEC maintains cuts:
Updated : 1 year, 11 months ago IST
According to S&P Global Commodity Insights, Russell Hardy, the CEO of Vitol, delivered this forecast, indicating that spot crude prices could surge to USD 100/b later this year if Organization of the Petroleum Exporting Countries (OPEC+) continues its production discipline and persists i
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Rs 2.2 lakh crore revenue foregone due to excise duty cuts on petrol, dies
Updated : 2 years ago IST
The minister talked about the steps taken by the Modi government to reduce and maintain fuel prices despite fluctuations in global crude oil prices
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Our policy of 'nation first' helped manage oil prices despite global confl
Updated : 2 years ago IST
Stating that India's policy was 'Nation First' and the consumer was 'paramount', Union Minister Hardeep Singh Puri said that the Centre was able to keep oil prices from shooting up despite global turbulence amid the Russia-Ukraine conflict and drone attacks on merchant ships in the Red Se
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Crude oil prices surge after US, UK strike Houthi targets
Updated : 2 years, 2 months ago IST
The attacks by the Houthi rebels have forced ships to take longer routes around Africa, presenting challenges to global trade logistics.
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Shell and Harbour energy enter arbitration over pricing for UK crudes amid
Updated : 2 years, 2 months ago IST
According to S&P Global Commodity Insights This conflict arises as a consequence of EU sanctions against Russia, which triggered changes in Urals crude oil price assessments by Platts, affecting the pricing mechanism for West Shetland crudes, as revealed by Harbour Energy on January 11.
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Prices of Brent crude oil expected to be steady in near term: Emkay
Updated : 2 years, 2 months ago IST
Over the past month, global crude oil prices have been trading in a narrow range.
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Pakistan slashes petrol price by PKR 14, high-speed diesel by PKR 13.5
Updated : 2 years, 3 months ago IST
It reported citing a notification from the Pakistan Ministry of finance, the new prices of petrol are PKR 267.34 and PKR 276.21 for HSD. The State Bank reported the dollar had settled at PKR 283.51 on Thursday after losing against the local currency. Dealers said the market stayed calm even
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"It will have strong, adverse impact...": Hardeep Singh Puri on crude oil
Updated : 2 years, 5 months ago IST
Amid the ongoing Israel-Hamas war, which raised concerns about its potential impact on crude oil, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said that if crude oil prices go up, it will have a very strong and adverse impact on attempts at global economic recovery.
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"Carefully monitoring, will handle with maturity": India on rising crude p
Updated : 2 years, 5 months ago IST
India on Monday said it was watching carefully the ongoing conflict between Israel-Hamas and added it would handle its energy needs with "maturity".
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Global crude oil prices soar following Hamas attack on Israel
Updated : 2 years, 5 months ago IST
Global crude oil prices moved in the northward direction on Monday, following the Israel-Hamas war that entered Day 3 with large fatalities on both sides.
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