Riyadh [Saudi Arabia], September 27 (ANI/Sputnik): The energy ministers of the G20 states will gather virtually on Sunday for a two-day meeting, which will be devoted to the energy market stability amid low oil and gas prices and lacklustre demand.
Melbourne [Australia], September 24 (ANI): COVID-19 and the oil price shock of 2020 are taking a heavy toll on global banks, S&P Global Ratings said on Thursday adding that it will be difficult for them to return to pre-crisis levels in the next three years.
Noida (Uttar Pradesh) [India], Aug 22 (ANI): Oil India Ltd on Saturday reported a net loss of Rs 249 crore in the first quarter of current fiscal year as compared to a net profit of Rs 625 crore in Q1 FY20.
Mumbai (Maharashtra) [India], July 30 (ANI): Swelling of India's foreign exchange reserves in combination with benign oil prices and tepid imports have led to a current account surplus and helped the Indian rupee to remain broadly stable since mid-March, India Ratings and Research (Ind-Ra) s
Moscow [Russia], July 6 (ANI): Fueled by a Covid-19 triggered deep global recession, Russia's 2020 GDP growth is projected to contract by 6 per cent, an eleven-year low, with a moderate recovery in 2021-2022, according to the World Bank's latest Russia Economic Report released on Monday.
Moscow [Russia], July 4 (ANI): As countries across the globe has been facing the worst collective economic downturn since the Great Depression, Russia seems to be particularly hard hit by the twin blows of the coronavirus pandemic as well as the collapse in oil prices.
Mumbai (Maharashtra) [India], June 24 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Wednesday posted a consolidated net loss of Rs 7,783 crore for the quarter ended March on a one-time loss of Rs 11,305 crore.
New Delhi [India], June 23 (ANI): The Congress party on Tuesday called the increase in the price of petrol and diesel 'unjust', 'thoughtless' and demanded from the Central Government to roll back increase with immediate effect and pass on the benefit of low oil prices directly to the citizen
Mumbai (Maharashtra) [India], June 9 (ANI): Equity benchmark indices gained during early hours on Tuesday in volatile trading with pharma stocks leading the rally.
Mumbai (Maharashtra) [India], May 18 (ANI): Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus (COVID-19) pandemic.
Dehradun (Uttarakhand) [India], May 7 (ANI): The Uttarakhand state cabinet has decided to increase the price of petrol and diesel by Rs 2 per litre and Re 1 on diesel, according to Uttarakhand Minister Madan Kaushik.
Mumbai (Maharashtra) [India], May 5 (ANI): Equity benchmark indices erased early gains on Tuesday and closed in the red as traders resorted to profit booking with Nifty PSU bank witnessing a fall of 3.28 per cent.