Search For "oil price"
Russian Deputy Chief of Mission calls India's position on G7 price cap 'hi
Updated : 3 years, 3 months ago IST
"I can just reiterate what has been said already. So, India's independent and balanced position is highly appreciated. As Jaishankar said on a number of occasions India is seeking the best available options on the market. So, that is exactly why we are on the same page. The pricing should
Read More
What to expect from markets on Monday
Updated : 3 years, 3 months ago IST
The global markets are expecting an aggressive hike in policy rates by Federal Reserve next week. If the Fed hike its monetary policy rates, the global markets are bound to react to the policy change and eventually the country's markets, in a way, will be influenced by the hike. In another d
Read More
Russia welcomes India's decision to not support G7's price cap on Russian
Updated : 3 years, 3 months ago IST
Novak stressed that Russia is responsibly fulfilling its contractual obligations for the supply of energy resources, diversifying energy exports to the countries in the east and south amid the energy crisis. Earlier in September, G7 nations agreed to impose a price cap on oil imports from
Read More
Russia refuses to accept EU's oil price cap
Updated : 3 years, 3 months ago IST
According to TASS Russian News Agency, Kremlin Spokesman Dmitry Peskov said, "We are assessing the situation. Certain preparations for such a cap were made. We won't accept the price cap and we will inform you how the work will be organized once the assessment is over."
Read More
EU agrees to cap price of Russian seaborne oil at USD60
Updated : 3 years, 3 months ago IST
Taking to Twitter, the president of the European Commission, Ursula von der Leyen said, "The EU agreement on an oil price cap, coordinated with G7 and others, will reduce Russia's revenues significantly. It will help us stabilise global energy prices, benefitting emerging economies around
Read More
"Modi govt feels no pressure," says minister Puri ahead of Dec 5 deadline
Updated : 3 years, 4 months ago IST
Petroleum minister Hardeep Singh Puri made the remarks at a press conference on the sidelines of World LPG Week 2022 held in Greater Noida on Wednesday.
Read More
Worst may be behind for Indian oil marketing companies: Fitch
Updated : 3 years, 4 months ago IST
Retail losses from auto fuel prices that have been frozen for around six months amid elevated crude oil prices kept their profitability under pressure in the second quarter.
Read More
Indian foreign policy: A friend to all
Updated : 3 years, 4 months ago IST
India has remained committed to placing the needs of its citizens above any type of allegiance to a specific nation or group, even in the face of mounting global pressure to choose sides.
Read More
"Would like to keep it going:" Jaishankar on Russian oil imports
Updated : 3 years, 4 months ago IST
The external affairs minister said his presence in Moscow to review bilateral cooperation speaks about India-Russia cooperation.
Read More
China uses vulnerability of sanction-hit Russia to buy cheap oil
Updated : 3 years, 4 months ago IST
When some foreign governments and companies imposed sanctions, Russia was left with fewer buyers. So to counter that, it started offering discounts on oil to countries. China has been most active in grabbing the offer.
Read More
Indian stock indices in festive mood, extend gains to fourth day
Updated : 3 years, 5 months ago IST
New Delhi [India], October 19 (ANI): Indian stock indices extended their gains for the fourth straight session on Wednesday, tracking firm cues from US markets and a relative decline in international crude oil prices.
Read More
Oil prices depend on number of dynamic factors, govt has taken various ini
Updated : 3 years, 5 months ago IST
Jaipur (Rajasthan) [India], October 16 (ANI): Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Saturday that the prices of energy depend on a number of dynamic factors, and the government of India has taken various initiatives in its control like reduction in excise du
Read More