Page 46 of Crude oil

Crude oil a scarce resource, Cairn India can’t export from Barmer: Centre to HC

The Centre on Thursday told the Delhi High Court that crude oil being a scarce resource, Cairn India, a subsidiary…

May 20, 2016 06:31 IST

OPEC, Nigeria, International Brent crude oil, Venezuela, Exxon Mobil, ANZ bank, Royal Dutch Shell, Chevron, China, Asian markets

With big outages in oil supply, buyers tap plentiful storage

Oil traders from Houston to the North Sea are tapping into plentiful storage onshore and offshore, evincing little sign of…

May 19, 2016 13:52 IST

IEA Oil market Report, IEA News, IEA Oil News

Oil prices remain near 2016 highs on global supply disruptions

Oil prices were trading near 2016 highs on Wednesday, as supply disruptions and output cuts continued to tighten the market,…

May 18, 2016 07:22 IST

Oil glut ‘may ease’ by 2017 as non-cartel supply drops: OPEC

OPEC today said a global crude glut that has squeezed the market and sent prices plunging over the past year…

May 13, 2016 20:03 IST

Asia, product markets, crude oil, oil prices, share prices, gasoline, SK Innovation, equity stocks

Refiners struggle to stay afloat as Asia drowns in gasoline

Asia’s refined product markets are being swamped by a wave of gasoline as a long-lasting crude oil glut spills into…

May 13, 2016 13:32 IST

Oil prices down as traders await key US jobs report

Crude prices dipped in Asia today as traders await a closely watched US jobs report that could provide clues on…

May 6, 2016 11:52 IST

India to pay 1.5% interest on $6.5 bn Iran oil dues

Iran wanted interest to be paid after differences cropped up over foreign exchange rate.

May 3, 2016 14:22 IST

Crude oil prices take a breather after hitting 2016 highs

Crude prices pulled back from 2016 highs early on Thursday as traders locked in profits after April’s sharp rally, but…

April 28, 2016 07:38 IST

Next downturn? Why rebound in oil prices from 12-year lows may come to a crashing halt

Soaring oil output has left the world awash with cheap crude as supply exceeds demand by 1 million to 2…

April 25, 2016 16:23 IST

IMF expects $500 bn revenue loss for Mideast oil exporters

The IMF has encouraged reforms such as lifting subsidies and tightening public sector wage bills to offset the impact

April 25, 2016 10:55 IST

Oil rises as IEA expects biggest non-OPEC output fall in 25 years

Iran, determined to regain market share following the lifting of sanctions last January, reiterated its intention to reach output of…

April 21, 2016 13:11 IST

Crude oil prices fall as major producers hint at output hike

Crude prices fell early on Thursday as concerns over a global glut took centre stage after Russia and Iran said…

April 21, 2016 07:20 IST

Iran struggles to find enough ships for oil exports

Eight foreign tankers, carrying a total of around 8 million barrels of oil, have shipped Iranian crude to European destinations…

April 20, 2016 12:15 IST

RIL looks to shut crude distillation unit in May

RIL said the SEZ refinery of the company may shut down one crude distillation unit for routine maintenance and inspection…

April 18, 2016 12:59 IST

ISIS income drops 30% on lower oil, tax revenue: IHS

Revenue for ISIS or ISIL, fell to $56 million a month in March from around $80 million a month in…

April 18, 2016 12:36 IST

OPEC cuts 2016 oil demand growth forecast, warns of more

OPEC on Wednesday cut its forecast for global oil demand growth in 2016 and warned of further reductions citing concern…

April 13, 2016 18:11 IST

Oil prices fall on stronger dollar, further oversupply worries

Oil futures fell in Asian trade on Friday as oversupply, a strengthening dollar and falls in regional stock markets all…

April 1, 2016 11:52 IST

Oil prices rise as US producers struggle, focus shifts to inventory

Oil prices rose early on Wednesday after falling in the previous session, with U.S. producers showing increasing signs of financial…

March 16, 2016 07:26 IST

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Chidambaram calls Operation Blue Star a ‘mistake’, says Indira Gandhi paid with her life

India News22 min ago

P Chidambaram has criticised Operation Blue Star and acknowledged it as a collective mistake on part of all – Army, the police, the intelligence and the civil service – adding that it resulted in Indira Gandhi’s assassination, former Prime Minister of India. The military operation was ordered to remove militants from the Golden Temple complex, but Chidambaram believes it was the wrong approach.

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