Search For "oil price"
Oil prices jumps as much as 4pc amid talk of more Russia sanctions
Updated : 3 years, 11 months ago IST
New York [US], April 5 (ANI/Sputnik): Oil prices jumped as much as 4%, returning US crude to above $100 per barrel, as more Western sanctions planned for Russia along with news of a hike in Saudi selling prices helped the market rebound from last week's worst sell-off in two years.
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Biden blames Putin for spike in gas, food prices
Updated : 3 years, 11 months ago IST
Washington [US], April 2 (ANI): US President Joe Biden on Friday (local time) blamed Russian President Vladimir Putin for rising gas and food price due to his invasion of Ukraine.
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US encourages India to participate in country's strategic petroleum reserv
Updated : 3 years, 11 months ago IST
Washington [US], April 1 (ANI): The United States has been in touch with several countries including India on the release of strategic reserves as President Joe Biden announced to release 1 million barrels of oil per day from the nation's strategic petroleum reserve for the next six month
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Biden authorizes release of 1 mn barrels of oil per day from US strategic
Updated : 3 years, 11 months ago IST
Washington [US], April 1 (ANI): In order to keep oil prices under control, US President Joe Biden on Thursday (local time) announced to release of one million barrels of oil per day from the country's strategic petroleum reserve for the next six months.
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Russia-Ukraine conflict may lead to shortage of 4-6 lakh tonnes of crude s
Updated : 3 years, 11 months ago IST
New Delhi [India], March 31 (ANI): Disruptions caused by the ongoing Russia-Ukraine conflict is likely to lead to a supply shortfall of at least 4-6 lakh tonne of crude sunflower oil for India during the financial year beginning April 1, according to CRISIL Ratings estimate released on Thurs
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Import allowed under open general licence to keep edible oil prices under
Updated : 3 years, 11 months ago IST
New Delhi [India], March 30 (ANI): In order to improve the domestic availability and keep prices of edible oils under control, the Government of India has extended the "free imports" of refined palm oils till December 2022, Union Minister of State for Consumer Affairs, Food and Public Distri
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India Ratings cuts GDP growth forecast to 7 per cent for 2022-23
Updated : 3 years, 11 months ago IST
New Delhi [India], March 30 (ANI): India Ratings and Research (Ind-Ra) on Wednesday cut India's GDP growth forecast for the 2022-23 financial year to 7 - 7.2 per cent from its earlier estimate of 7.6 per cent announced in January.
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Sensex climbs 164 points as crude oil prices drop
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 29 (ANI): The Indian equities markets benchmark Sensex rose 164 points on Tuesday, as a nearly 8 per cent drop in Brent Crude oil prices boosted investors' sentiments.
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Bring petrol, diesel under GST to ease inflationary burden: PHDCCI
Updated : 3 years, 11 months ago IST
New Delhi [India], March 26 (ANI): Retail price of petrol and diesel has been increased by Rs 3.2 per litre in the last five days. Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of ot
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Oil prices decline as traders weigh prospect of EU ban on Russian oil
Updated : 3 years, 12 months ago IST
New York [US], March 23 (ANI/Xinhua): Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil.
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Oil prices jump amid growing supply concerns
Updated : 3 years, 12 months ago IST
New York [US], March 22 (ANI/Xinhua): Oil prices jumped on Monday as reports that the European Union (EU) is considering a ban on Russian energy stoked fears about crude supply.
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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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