Search For "oil prices"
"No shortage of oil in world and prices should hopefully come down", says
Updated : 1 year, 4 months ago IST
Hardeep Singh Puri, Minister for Petroleum and Natural Gas on Tuesday said that there is no shortage of oil in the world and prices will come soon, answering the question of the recent upswing in crude oil prices.
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Amid volatility, outlook for Indian markets remains positive in long run:
Updated : 1 year, 5 months ago IST
This has been driven by factors like geopolitical tensions, fluctuating crude oil prices, and adjustments by Foreign Institutional Investors (FIIs) due to China's recent economic stimulus.
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US: Biden "in discussion" on possible strikes on Iran oil facilities
Updated : 1 year, 5 months ago IST
Oil prices added to earlier gains after President Joe Biden suggested that US and Israeli officials were discussing a possible strike by Israel against Iranian oil facilities, the Washington Post reported
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Decreased oil exports, because of lower crude prices increasing India's tr
Updated : 1 year, 5 months ago IST
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in the country's overall exports in August, according to a report by CRISIL.
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Smallholder Farmers Express Gratitude to the Asian Palm Oil Alliance for A
Updated : 1 year, 7 months ago IST
New Delhi [India], August 9: Smallholder farmers express heartfelt gratitude to the Asian Palm Oil Alliance (APOA) for voicing concerns regarding a recent decision to reduce palm oil content in soaps by 25 per cent. This decision, reportedly influenced by increased palm oil prices and enviro
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KSRTC bus fare hike inevitable due to rising oil prices, says Chairman SR
Updated : 1 year, 8 months ago IST
Karnataka State Road Transport Corporation (KSRTC) Chairman SR Srinivas has said that a bus fare hike is unavoidable due to rising oil prices. He explained that it has been five years since the last fare increase in 2019, and current economic conditions necessitate an adjustment to cover ope
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Crude prices to average at USD 83-88 in FY25, may increase govt fiscal bur
Updated : 1 year, 8 months ago IST
The average crude oil prices are expected to surge in the fiscal year 2025 as compared to the previous year, highlights a report by Crisil.
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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.
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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.
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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.
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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.
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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.
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