Search For "crude oil"
India's Russian crude imports prevented price surge in global oil market
Updated : 2 years, 2 months ago IST
The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude oil market and preventing a surge in prices by approximately USD 30-USD 40 per barrel.
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India's energy odyssey: Navigating global oil challenges and forging a sus
Updated : 2 years, 3 months ago IST
The International Energy Agency's (IEA) Oil Market Report (OMR) stands as a beacon of insight into this labyrinthine landscape, offering authoritative data and timely analysis.
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Houthi attack: Navy denies US claim, says MV SAIBABA tank not India-flagge
Updated : 2 years, 3 months ago IST
Following a drone attack on two vessels in the Red Sea by the Iran-backed Houthi militants, which included MV SAIBABA, a crude oil tanker; the Indian Navy on Sunday said all 25 Indian crew members on board are safe, clarifying that it wasn't an India-flagged vessel, as claimed by the US e
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Kuwait oil price up 33 cents to USD 81.98 pb
Updated : 2 years, 3 months ago IST
The price of Kuwaiti crude oil went up by 33 cents to USD 81.98 per barrel on Friday, compared with USD 81.65 pb on Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday.
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Prices of Brent crude oil expected to be steady in near term: Emkay
Updated : 2 years, 3 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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India-Malaysia bilateral trade set to soar to USD25bn in next 3 years: Ind
Updated : 2 years, 4 months ago IST
In an interaction with ANI, the Indian envoy emphasised the significance of economic ties, saying, "In any relationship, the real sustenance comes from economic and trade relations." He highlighted India's import of various commodities from Malaysia, including palm oil, crude oil, and LNG.
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India's October oil demand rises 1.6% MoM; 2023 annual growth revised: S&a
Updated : 2 years, 4 months ago IST
Overall, India's oil demand is expected to grow by 258,000 barrels per day in 2023, revised higher by 9,000 bpd from the last update citing strong diesel sales.
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NSE launches 13 more commodity derivatives contracts; Check here
Updated : 2 years, 5 months ago IST
The exchange said it has seen increased interest from participants in its commodity derivatives Segment, with the launch of the latest products, particularly the derivatives on WTI crude oil and natural gas. Participation is observed from diverse categories of participants including Foreign
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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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