Crude import bill up 21.4% in April-May Discounts on Russian oil narrows. By Arunima BharadwajJune 17, 2024 03:30 IST
Analysts see crude around $60 in medium term, to curb India’s import bill “We believe risks to a strong oil price outlook in the medium term are rising as OPEC+ strategy shifts from… By Arunima BharadwajJune 15, 2024 00:05 IST
Oil producers led by Saudis extended supply cuts amid slack prices The OPEC+ statement didn’t say what would happen to an additional set of voluntary cuts that include a reduction of… June 2, 2024 20:15 IST
No change in petrol and diesel prices, commercial LPG cheaper by Rs 69 Commercial LPG was reduced by Rs 69 to Rs 1,676 per 19-kg cylinder By FE OnlineJune 1, 2024 11:40 IST
Gold slips ahead of key US inflation data; Investors cautious on Fed Policy outlook “We think that China is increasing its holdings of metals, including precious metals like gold and silver as well as… By Sparsh BansalMay 31, 2024 09:35 IST
Centre may impose stock holding limit on chana Sources told FE mandi prices have witnessed a sharp spike in the past month following reports of a drop in… By Sandip DasMay 28, 2024 03:11 IST
FY25 begins with marginal growth in refining volumes Of the total volumes, government-owned oil public sector undertakings and joint ventures processed 14.5 million tonnes last month, while private… By Arunima BharadwajMay 24, 2024 06:30 IST
Bid for fixed-discount oil deal with Russia prudent: Puri Russia has emerged as a major supplier of crude oil to the country since its invasion of Ukraine primarily on… By Arunima BharadwajMay 23, 2024 00:15 IST
Akshaya Tritiya: Gold buyers not deterred by higher prices, sales continue unabated He said, “We won’t be surprised if we see higher demand in terms of quantity compared to last year, including… By Rajesh BhayaniMay 10, 2024 21:06 IST
Reduced international gas prices to increase consumption by more than 30%, says IGX MD It may be mentioned that the IGX facilitated the trade for around 4 crore mmbtu for FY24, more than 20%… By Abhinay KumarApril 27, 2024 01:30 IST
Buy gold in a staggered manner Gold prices have risen 16% in rupee terms since January this year as compared with less than 1% for Sensex. By Saikat NeogiApril 20, 2024 02:00 IST
Iran-Israel tensions, supply cuts may push crude to $95/bbl Output cut by OPEC, Russia seen By Arunima BharadwajApril 15, 2024 20:22 IST
Gold falls on strong dollar index: Investors eye US non-farm payroll data; Read to know key levels to watch Geo-political tensions have built the risk premium in the market, if we see any development in the same that could… By Sparsh BansalApril 5, 2024 12:27 IST
Gold hits lifetime high on Powell’s comment on rate cuts; Read to know more Gold continue to hover around its all-time high levels, on the back of weakness in the Dollar amid uncertainty over… By Sparsh BansalApril 4, 2024 15:37 IST
Rising crude prices a cause for anxiety: oil secretary Jain noted that geopolitics and traditional summer demand have been driving up prices. By FE BureauApril 4, 2024 05:05 IST
Crude at $90 could push OMCs to losses If crude prices touch $90 per barrel, then diesel can see heavy under recoveries, marking losses, according to an analysis… By Arunima BharadwajApril 4, 2024 02:20 IST
Petroleum products exports drop 15% in March on weak margins The country exported a total of 1.28 million barrels per day of refined oil products in March, down 12.5% from… By Arunima BharadwajMarch 29, 2024 01:30 IST
Crude oil imports rise to 4-year high in March Shipments from Russia remain elevated, but down on year. By Arunima BharadwajMarch 28, 2024 00:15 IST
Crude oil prices fall for a second day as US crude inventories increase Brent crude futures for May dropped 69 cents, or 0.8%, to $85.56 a barrel at 0150 GMT. Updated: March 27, 2024 09:58 IST
India cuts back on Venezuelan oil amid imminent US sanctions During January to March, India imported only 100,000 barrels a day of crude oil from Venezuela, accounting for only 2%… By Arunima BharadwajMarch 27, 2024 02:00 IST
Crude oil prices extend upward momentum on expectations of tighter supply Brent crude rose 23 cents to $86.98 a barrel by 0118 GMT. U.S. crude futures climbed 28 cents to $82.23. Updated: March 26, 2024 11:24 IST
Self-sufficiency in petro products declines, amid steady exports India is already a huge net importer of crude oil, and import reliance for this primary source of energy has… By Arunima BharadwajMarch 22, 2024 00:15 IST
Will maximise refining margins irrespective of crude price trend: Nayara Energy CFO Nayara, which owns the country’s second largest single-site oil refinery, will focus on refining margins, irrespective of any volatility in… By Arunima BharadwajUpdated: March 21, 2024 13:57 IST
10 Photos Eid-ul-Adha 2024: Devouts around the globe celebrate with prayers and feast – In Pics 1 week agoJune 17, 2024
8 Photos West Bengal: 8 killed, many injured as goods train rams into Kanchenjunga Express in Darjeeling – PHOTOS 1 week agoJune 18, 2024
