Search For "crude oil"
India-Russia oil trade: what is at stake?
Updated : 4 years ago IST
New Delhi [India], March 19 (ANI): In order to shield the economy from the negative impact of the recent surge in crude oil prices, India is exploring the possibility of importing additional oil at discounted rates from Russia, which is facing sanctions and global backlash due to the Ukra
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Rahul Gandhi says inflation to rise further, urges Centre to protect peopl
Updated : 4 years ago IST
New Delhi [India], March 19 (ANI): Congress leader Rahul Gandhi on Saturday said that inflation is likely to rise further and urged the government to act immediately and protect the people.
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IndiGo says it is "in talks with Central govt" to bring aviation fuel unde
Updated : 4 years ago IST
New Delhi [India], March 17 (ANI): As crude oil prices continue to soar, IndiGo's full-time Director and Chief Executive Officer Ronojoy Dutta on Wednesday urged the Central government to bring the Aviation Turbine Fuel (ATF) under goods and service tax (GST) ambit for the benefit of the avi
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Govt closely monitoring global energy markets, potential energy supply dis
Updated : 4 years ago IST
New Delhi [India], March 15 (ANI): The Minister of State for Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in the Rajya Sabha on Monday informed that the geopolitical situation between Russia and Ukraine has resulted in a steep increase in global crude oil and gas
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Sensex climbs 817 points as ruling BJP races ahead in 4 out of 5 state ass
Updated : 4 years ago IST
Mumbai [India], March 10 (ANI): The Indian equities markets key indices rallied for the third straight day on Thursday with the benchmark Sensex gaining 817 points as trends showed BJP leading in four out of five state assembly elections.
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Crude oil price heading to record high, how will it impact Indian economy?
Updated : 4 years ago IST
New Delhi [India], March 8 (ANI): Crude oil prices soared to a 14-year high of $140 a barrel on Monday. With the Ukraine conflict showing no signs of a thaw, the crude oil price is set to surpass its record high of $147.50 a barrel sooner rather than later. How will it impact the Indian e
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Shell to withdraw from Russian oil, gas in phased manner
Updated : 4 years ago IST
London [UK], March 8 (ANI): Amid 'Russia's atrocities' in Ukraine, Shell plc, a multinational oil and gas company based in the UK, on Tuesday (local time) announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and lique
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Sensex snaps 4-day losing run, closes 581 points higher
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 8 (ANI): The Indian stock markets witnessed volatile trading on Tuesday with the benchmark Sensex closing 581 points higher, snapping four days of losing run.
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APSEZ, IOCL ink deal to expand crude oil volume at Mundra port
Updated : 4 years ago IST
Ahmedabad (Gujarat) [India], March 8 (ANI): Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has signed an agreement with Indian Oil Corporation Limited for augmenting crude oil volumes of the government-run firm at Mundra port.
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Crude oil price may surge to $300 a barrel, warns Russia
Updated : 4 years ago IST
New Delhi [India], March 8 (ANI): Ban on imports of Russian petroleum products by the western countries will have catastrophic consequences for the global economy and it will push crude oil price to over $300 per barrel, Russian Deputy Prime Minister Alexander Novak has warned.
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Credit Suisse downgrades Indian equities due to surge in crude oil prices
Updated : 4 years ago IST
New Delhi [India], March 8 (ANI): Global brokerage firm Credit Suisse on Tuesday downgraded Indian equities markets to 'underweight' from 'overweight' saying the high crude oil prices would lead to inflationary pressures and hurt the current account.
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Indian stocks slide for 5th straight session, Sensex down 389 points
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 8 (ANI): The Indian stock markets key indices slumped for the fifth straight session on Tuesday with benchmark Sensex sliding 380 points as crude oil prices continue to soar amid worsening Russia-Ukraine crisis.
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