Search For "oil price"
India offers Rs 100 bn investment opportunities in explorations & prod
Updated : 1 year, 8 months ago IST
Union Minister Hardeep Singh Puri says on Thursday that the Exploration and Production in the energy sector of India offers an investment opportunity of at least 100 billion by 2030.
Read More
Rupee depreciation against dollar miniscule as compared to other currencie
Updated : 1 year, 9 months ago IST
The Indian rupee experienced significant volatility in June, largely driven by the impact of elections, Foreign Portfolio Investor (FPI) outflows, and a rise in oil prices, which collectively strengthened the US dollar against the rupee, according to a report by Bank of Baroda.
Read More
With Andhra under NDA governance, chances of bringing natural gas under GS
Updated : 1 year, 9 months ago IST
After taking charge of Petroleum Ministry for the second term, minister Hardeep Singh Puri said he will work to bring natural gas under Goods and Services Tax (GST). Currently, all petroleum products, alcohol and tobacco are out of the ambit of GST.
Read More
Paint sector in India will double by FY27 to 7.8 bn litre per annum: CRISI
Updated : 1 year, 9 months ago IST
This surge will be fuelled by investments amounting to around Rs 19,000 crore, including significant contributions from a new major player entering the market.
Read More
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.
Read More
OPEC+ extends major oil production cuts until 2025 to stabilise market
Updated : 1 year, 9 months ago IST
Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group aims to support oil prices by managing supply tightly.
Read More
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.
Read More
Indian stocks kick off fresh week in green
Updated : 1 year, 10 months ago IST
Indian stocks opened higher on Monday morning, backed by strong US markets which showed a robust performance on Friday. Also, improved investor sentiment with the relative easing in tensions in the Middle East and declining oil prices supported the Indian stocks.
Read More
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
Read More
Oil prices hit 6-month high, igniting inflation fears and economic uncerta
Updated : 1 year, 11 months ago IST
This sudden and significant uptick in oil prices has sent reverberations throughout global financial markets, reigniting fears of inflationary pressures and prompting deep concerns among central bankers, policymakers, and investors alike.
Read More
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
Read More
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
Read More