Brent Crude Touches $113 Per Barrel Despite IEA’s Assurance
Crude oil prices soared to multi-year highs on Wednesday as International Energy Agency’s (IEA) announcement to release oil supplies from its emergency stock has failed...
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ONGC, Oil India Surge 10%, Gain Upto 41%
Shares of state-owned oil exploration & production companies – Oil Natural Gas Corporation (ONGC) and Oil India – rallied up to 10 per cent on...
India’s Crude Imports in November Hits 10-Month High
India’s crude oil imports in November rose to the highest level in 10 months as refiners stocked up to deliver strong demand in the world’s...
Oil Prices Rise to 3 Year High on Back of Supply Deficit Forecasts
On Friday, Oil prices settled at a three-year high above $85 a barrel, boosted by forecasts of a supply deficit in the next few months...
US Oil Prices Rise to Highest Since 2014
On Wednesday, US oil prices rose for a fifth day to their highest since 2014 amid global concerns about energy supply on signs of tightness...
Oil Prices Rise to Six Week High as US Supply
On Monday, Oil prices rose to a six-week high as US output remains slow to return two weeks after Hurricane Ida slammed into the Gulf...
Oil India Hits 52-Week High
Oil India hit a 52-week high while Oil and Natural Gas Corporation (ONGC) was up 3 per cent on a healthy outlook. On Thursday, the...
India Decreases Import Tax on Soy Oil, Sunflower Oil
India decreases import tax on crude and refined soy oil and sunflower oil by 7.5 per cent, said a government order India is the world’s...
Oil Prices Fall More Than 1% After OPEC+
On Monday, Oil prices fell more than 1 per cent hit by an agreement over the weekend within the OPEC+ group to boost the output...
Oil Price Extends Losses as Investors Brace for More Supplies
On Thursday, Oil prices went down more than 1 per cent, which extended losses as investors braced for more supplies following a compromise between top...