Search For "crude oil"
Exploration for crude oil, natural gas in northern bank of Brahmaputra to
Updated : 2 years, 10 months ago IST
Oil India Ltd CMD Ranjit Rath on Monday said, "There are lots of areas in the northern bank of Brahmaputra in Assam where exploration for crude oil and natural gas will be started."
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India is now Europe's largest supplier of refined fuels
Updated : 2 years, 11 months ago IST
Europe's reliance on Indian crude oil products has grown since the ban on Russian oil. Europe's refined fuel imports from India are set to surge above 360,000 barrels a day, edging just ahead of those of Saudi Arabia, Kpler's data show.
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Constrained milk, wheat supplies amid volatile crude market raise inflatio
Updated : 2 years, 11 months ago IST
Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from May 2023 are factors that may, going forward, influence the inflation trajectory in India, Ministry of Finance's Monthly Economic R
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Nigeria probes sale of stolen 48 mn barrels of crude oil to China
Updated : 2 years, 11 months ago IST
"It is quite alarming that illegal deals with China cost Nigeria USD 2.4-billion revenue loss from the sale of stolen 48 million barrels," Nigeria's Speaker of the House of Representatives Femi Gbajabiamila said in Abuja on Tuesday, at the opening of the ad hoc committee set up to probe the
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"We wanted to get cheap Russian crude oil just like India...," says Imran
Updated : 2 years, 11 months ago IST
Addressing the nation in a video message, he said, "We wanted to get cheap Russian crude oil just like India but that could not happen as unfortunately, my government fell due to a no-confidence motion."
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UAE's merchandise trade with world crossed USD 1 trillion mark in 2022: WT
Updated : 2 years, 11 months ago IST
The World Trade Organisation (WTO) said that UAE's trade in goods with the rest of the world hit USD 1.024 trillion in 2022 as the share of both exports and imports increased on the back of higher crude oil prices. Imports accounted for 22 per cent of that amount while exports grew by 41 per
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RoboForex increases Partner Commission for Gold, Silver, Oil, and US Indic
Updated : 2 years, 11 months ago IST
Belize City [Belize], April 6 (ANI/PRNewswire): RoboForex, a regulated financial services broker, announces enhancements to its Partner programme. One of the main updates is an increased Partner commission for several trading instruments, including Gold, Silver, and Crude Oil.
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India cuts all windfall tax on crude oil
Updated : 2 years, 11 months ago IST
The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.
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Pakistan to receive first shipment of Russian oil next month, claims minis
Updated : 2 years, 11 months ago IST
Talks have been ongoing between Pakistan and Russia since last year for the trade of oil which had remained a contentious issue in Pakistan's politics.
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Oil prices surge after OPEC+ announce to cut output
Updated : 2 years, 11 months ago IST
By 1:12 am (Local Time), Brent was trading at USD 85.41 per barrel (6.46 per cent). The price of futures contracts of WTI crude oil for May 2023 delivery went up by 6.21 per cent, to USD 80.37 per barrel.
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Russia frustrated with Pakistan over broken commitments to import oil: Rep
Updated : 2 years, 12 months ago IST
Russia was frustrated to learn that Pakistan had not started the process it committed to Moscow to start the first shipment of crude oil. Pakistan had committed that it would set up a new Special Purpose Vehicle (SPV) company that would be responsible for the import of Russian oil to Pakista
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India's approach to oil import guided by its energy security requirements:
Updated : 3 years ago IST
On September 2, G7 Finance Ministers initiated a price cap on Russian-origin crude oil and petroleum products to be implemented by each coalition member in the wake of Russia-Ukraine war
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