New Delhi [India], July 13 (ANI): Erasing two-day of losses, Indian stock indices gained marginally in early trade on Wednesday. The latest softening of global crude oil prices and signs of inflation slowly receding are likely to have lent support to the equity markets. Global crude oil pric
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.
New York [US], April 2 (ANI/Sputnik): Oil markets entered April with their worst weekly loss in two years as the Biden administration announced the largest ever crude reserve release that sent the benchmark US price below the key USD 100-per-barrel support.
New York, March 16 (ANI/Sputnik): Oil prices tumbled more than 6 per cent, adding to Monday's drop of more than 5 per cent, as both the New York- and London-traded benchmarks settled below the key USD 100 per barrel mark for the first time since the start of Russia's "special military operat
Washington [US], March 9 (ANI/Sputnik): Global oil prices, as indicated by the London-traded benchmark Brent, are expected to average $117 per barrel by end-March or 30% more than the forecast for last month, the US Energy Information Administration (EIA) said on Tuesday as Western sanctions
New Delhi [India], March 8 (ANI): Ban on imports of Russian petroleum products by the western countries will have catastrophic consequences for the global economy and it will push crude oil price to over $300 per barrel, Russian Deputy Prime Minister Alexander Novak has warned.
Moscow [Russia], March 7 (ANI/Sputnik): The price of Brent crude oil went over $130 per barrel in the early hours of Monday, surpassing the top 2012 mark of over $128.
Moscow [Russia], November 22 (ANI/Sputnik): The price of January futures for Brent crude dropped below $78 per barrel in the early hours of Monday, reaching a record low for the first time since October 1.
New Delhi [India], June 24 (ANI): In a high-level consultation meeting on Thursday, Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan urged the Organization of the Petroleum Exporting Countries (OPEC) to phase out production cuts sooner and maintain crude prices at a r
Montreal [Canada], May 24 (ANI): Jet fuel prices have reached nearly 85 dollars per barrel -- the highest level since November 2018 -- mainly due to the US decision to end sanction waivers on Iran oil imports, according to the International Air Transport Association (IATA).
New Delhi [India], Oct 23 (ANI): The market on Tuesday closed its curtains post a marginal pullback in the crude oil prices, which slipped to around USD 79 per barrel.