
Another positive news for crude was protestors shut down Libya’s largest oil field, the 300,000 b/d capacity El Sharara. OPEC+…
The SAED on the export of diesel has been reduced to nil from Rs 0.50 a litre. The levy on…
Shipping companies are asking Indian firms to bear the risk premiums for deliveries via the usual route, said the people,…
The longer it drifts — and the vessel has now been stuck in its current location for about 10 days…
WTI crude prices are trading at $76.07, marking a 1.34% decrease, while Brent crude prices stand at $80.78, reflecting a…
The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil has been…
Saudi Arabia said that oil speculators, not a fall in demand, are behind the most recent drop in global crude…
ONGC posted Q2 profit for the financial year 2023-24 at Rs 16,553.32 crore, up 142.4 per cent in comparison to…
The adverse implications of rising international crude oil prices will be manifested in terms of imported inflation for India as…
High interest rate scenario is now weakening the demand for crude and that is why oil price is going nowhere…
In MCX, 6800 seems to be immediate support and breach below that we could see selling pressure accumulating till 6600-6500.
CRISIL said that the movement in gas prices is a crucial operational parameter for distributors as it impacts their competitiveness…
War premium has returned on crude prices and Oil prices are on course for a second weekly gain as tensions…
Slow growth in China, subdued US demand to weigh on prices
Traditionally, volatility in crude oil prices has been the bane of India’s current account deficit position. For example, a spike…
Demand side from the US is getting weaker looking at gasoline inventories and high prices. The summer driving season is…
The higher than expected decline has put the Reserve Bank of India (RBI) in favour of not going for any…
The road logistics industry revenue growth, ICRA said, is pegged at 6-9 per cent in FY2024 on an elevated base…