Page 18 of crude oil prices

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Petrol and diesel price April 25: Fuel cost remains unchanged; Check prices in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on April 25 were left unchanged by OMCs, keeping…

April 25, 2022 09:10 IST

Petrol and diesel price April 22: Fuel cost remains unchanged; Check prices in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on April 22 were left unchanged keeping price in…

Updated: April 22, 2022 08:34 IST

Petrol and diesel price April 21: Fuel rates remain unchanged; Check prices in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on April 21 were left unchanged again, keeping price…

April 21, 2022 08:48 IST

IEA member nations will release 60 million barrels over the next six months. (File)

Oil drops below $100 on reserves release and China lockdowns

Fuel demand in India, the world’s third-biggest oil importer and consumer, rose to a three-year high in March, with petrol…

April 11, 2022 17:33 IST

Crude oil prices to swing between $90-110; US Fed may hike interest rates by 50bps, analyst say sell on rise

Medium-term crude prices have hardly budged as near-term oil prices have fallen by over 20%, indicating a still-bullish longer-term outlook.

April 11, 2022 10:14 IST

“For FY23, the overall road budget outlay has edged up by 1% year-on-year (YoY), and in light of higher crude prices, it needs to be seen whether the projected contribution from cess funds can materialise,” brokerage firm Edelweiss said.

Elevated crude price a threat to NHAI’s capex funds, say analysts

The budget support to NHAI in FY23 is up 106% over Rs 65,100 crore in FY22 (revised estimate).

April 4, 2022 01:45 IST

Indian rupee, rupee depreciation, Russia Ukraine crisis

Elevated crude oil prices may weaken Indian rupee until Russia Ukraine war subsides, experts say

India, with its $622 billion foreign exchange reserves, however, has enough buffer to protect it from external volatility.

March 25, 2022 16:40 IST

The auto fuel demand is largely price-inelastic.

Analysts revise demand outlook for fuels: Fuel prices hiked 80 paise/litre for the second day

Gaurav Moda, partner, energy at E&Y, said since trucks carry majority of goods across the country, the rise in diesel…

March 24, 2022 05:50 IST

Petrol and diesel price March 23: Fuel rates hiked for second day in a row; check prices in Delhi, Mumbai here

Petrol and Diesel Price Today in India: Petrol and diesel prices were hiked on March 23, 2022, Wednesday for second…

March 23, 2022 08:13 IST

Historically, bulk prices are offered at a lower rate compared with retail prices and helps them secure their needs. However, the latest hefty hike for bulk consumers is likely to have an adverse effect on sate-run road transport corporations, commercial establishments, malls, etc, who buy bulk diesel to meet daily operation needs.

Bulk diesel price hike forces private players to cut local supplies

According to sources, private retail operator Reliance’s Jio-bp has already cut supplies of fuel to retail outlets by 50%. It…

March 23, 2022 05:00 IST

Fuel price hike: Oil firms bite the price hike bullet, finally; more price hikes likely, but in small doses

More instances of retail price increases in ‘tiny doses’ could be expected over the next few weeks to cover OMCs’…

March 23, 2022 04:00 IST

Some multinationals including ExxonMobil and Shell have announced exit from the Russian projects after Moscow invaded Ukraine. (File)

India’s import of Russian oil less than 1% of total, share from US to rise: Petroleum Minister Hardeep Singh Puri

In 2020-21, India imported 633,000 tonnes of 0.3 per cent while in 2019-20 the purchases were 2.93 million tonnes or…

March 21, 2022 20:26 IST

Crude prices up more than $4 as European Union mulls Russian oil ban

With little sign of the conflict easing, the focus returned to whether the market would be able to replace Russian…

March 21, 2022 19:35 IST

Brent crude futures fell 29 cents, or 0.3%, to $106.35 a barrel by 1245 GMT, after surging nearly 9% on Thursday in the largest percentage gain since mid-2020.

Oil prices headed for weekly loss, but stay well above $100/bbl

U.S. West Texas Intermediate (WTI) crude futures were up 8 cents, or 0.1%, at $103.06 a barrel, adding to an…

March 18, 2022 18:49 IST

ATF prices effective from March 16 is up 18% in Delhi compared to a fortnight ago, at Rs 1,10,666.29 kilo litre. Compared to March last year, it is up 86.3%. ATF prices are one of the biggest cost component – around 40% – for airlines.

Jet fuel sees steepest price hike: Air fares may soar 15% on key routes

International oil prices had climbed to a 14-year high of near $140 per barrel last week on fears of supply…

March 17, 2022 04:00 IST

Fuel price hike: Govt may bide time as geopolitical situation still unfolding

Several OMC officials and executives who FE spoke to said the government might wait for another fortnight before taking a…

March 16, 2022 00:24 IST

Govt to take all measures to provide relief to consumers from high fuel prices: Union Minister Hardeep Singh Puri

India relies on overseas purchases to meet about 85 per cent of its oil requirement, making it one of the…

Updated: March 14, 2022 20:40 IST

In the Budget for FY23, Sitharaman had declared that the RBI would be launching a digital currency.

Oil price rise to hit economy, looking at options to mitigate impact: Finance minister Nirmala Sitharaman

Sitharaman has subsequently made it clear that the government has the ‘sovereign right’ to tax profits made from virtual digital…

March 9, 2022 01:15 IST

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Expect loan, deposit growth at 18-20% in FY26: DCB Bank MD

Business1 hr ago

DCB Bank is targeting a growth of 18-20% in loans and deposits this year, with a reported loan growth of 19.14% and deposit growth of 18.8%. The recent GST reforms and repo rate cut have boosted expectations and impacted consumer behavior. The bank’s focus is on secured, small-ticket lending to SMEs and becoming a full-fledged financial partner. They also aim to reduce slippages.

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