Page 7 of oil

Brent crude futures had climbed 24 cents, or 0.3%, to $85.67 a barrel (Image/Reuters)

Oil prices rise as heightened geopolitical risk exacerbates supply concern

The U.S. oil rig count fell by one to 509 last week, showed data from energy services firm Baker Hughes…

March 25, 2024 07:04 IST

Oil fell on possible Gaza ceasefire and Dollar gaining strength

The US Dollar rose after the Swiss National Bank interest rate cut came in as a surprise bolstering global risk…

March 22, 2024 10:05 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…

Updated: March 21, 2024 13:57 IST

oil prices, oil, crude oil, fed, fed meeting, commodities, market

Oil retreats from multi-month highs ahead of Fed decision

The Fed is not predicted to cut borrowing costs, but fresh economic projections could signal fewer interest rate cuts and…

March 20, 2024 18:07 IST

omc, oil marketing companies, ioc, indian oil, petrol diesel prices, fuel prices

OMCs to take call on more price cuts, based on profitability: Puri

The minister’s statement comes in the wake of OMCs, including the Indian Oil Corporation (IOC), slashing prices of petrol and…

March 16, 2024 01:00 IST

LNG markets, supply, capacity additions, gas offtake, LNG production, LNG prices, natural gas, passenger vehicle, CNG vehicle, domestic production

Oil products demand up 2.4% in Feb: Report

Month-on-month analysis, too, showed robust growth, with consumption up by 256,000 b/d, underlining the economic recovery and increased industrial activities.

March 15, 2024 03:45 IST

OPEC sticks to oil demand view, nudges up economic growth

The Organization of the Petroleum Exporting Countries said in a monthly report that world oil demand will rise by 2.25…

March 12, 2024 20:00 IST

India and windfall tax on oil

Windfall tax on crude should be scrapped to spur investment and domestic production

March 7, 2024 04:30 IST

Oil up on OPEC+ cuts, US Fed chief seeing rate cuts in 2024

Brent crude futures were up $1.04, or 1.27%, to $83.08 a barrel at 1428 GMT, after four days of declines.…

March 6, 2024 21:10 IST

Kalpataru Projects, EPC contract, Aramco, MGS‐3 project, gas pipeline, energy demand, gas supply, oil and gas market

Kalpataru Projects receives LoI for EPC contracts by Saudi Arabia’s Aramco for MGS‐3 project

Kalpataru Projects International Limited (KPIL) has received Letter of Intent (LoI) from Saudi Arabia’s energy major, Aramco, for the MGS-3…

March 5, 2024 09:51 IST

Pump Jacks are seen at sunrise near Bakersfield, California (Image/Reuters)

Oil price rises as markets await OPEC+ decision on supply agreements

Brent futures for May climbed 27 cents, or 0.33%, to $82.18 a barrel by 0403 GMT

March 1, 2024 10:26 IST

crude oil, fuel prices, rude oil prices, petrol, diesel

Strong Q4 may allow OMCs to cut fuel prices: Puri

FE had earlier reported that OMCs are likely to cut retail prices of petrol and diesel to some extent, just…

February 17, 2024 06:00 IST

oil production, oil, crude oil price, oil prices

Oil production dips in Apr-Jan

Domestic gas production improved by 5.2% to 30,353 mmscm (million standard cubic meter) in April to January from 28,843 mmscm…

February 17, 2024 00:45 IST

International Energy Agency, India Energy Week, top news, latest news, business news,

India may become largest oil importer by 2030

The International Energy Agency (IEA) sees India’s continuous dependence on imports to meet its energy needs and its diversifying of…

February 8, 2024 02:15 IST

Crude oil edges up on smaller US output growth estimates

Brent crude futures rose 38 cents, or 0.5%, to $78.97 a barrel as of 0013 GMT, while U.S. West Texas…

Updated: February 7, 2024 07:47 IST

OPEC, Oil sector, global oil market, Narendra Modi, top news, latest news, business news,

Oil sector needs $14 trillion investments globally by 2045: OPEC

Prime Minister Narendra Modi said that India’s own energy demand will double by 2045 to 38 million barrels per day…

February 7, 2024 01:10 IST

The insurance companies would now be transferred to IIHL, which had earlier received approvals from Securities and Exchange Board of India, Reserve Bank of India and the Competition Commission of India.

Crude oil prices mostly flat as Antony Blinken’s Middle East visit assessed

Palestinians hope the visit will clinch a truce before a threatened Israeli assault on Rafah, a border city where about…

Updated: February 6, 2024 07:29 IST

India’s Russian oil import hits 12-month low but long-term appetite remains intact

Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in…

February 5, 2024 15:33 IST

Related News

e-Aadhaar app launch in India: Soon update your date of birth, address and phone number instantly with the upcoming all-in-one app

e-Aadhaar app launch in India: Update your date of birth, address and phone number instantly with the upcoming all-in-one app

Zoho’s Arattai messaging app will run smoothly on low-end phones, confirms Sridhar Vembu, but can it replace WhatsApp in India?

Green card holders, 2025 Naturalization Civics Test updates, 2025 Naturalization Civics Test questions, naturalization civics test questions, civics test questions for citizenship, civics test questions for naturalization, USCIS

Green card holders applying for US citizenship after October 20 to face updated civics test

8th Pay Commission update: Will employees and pensioners have to wait until 2028?

8th Pay Commission to be implemented only by early 2028? Here’s what central govt employees, pensioners must know

Microsoft salary report 2025: What engineers, managers, data scientists and others are paid

Microsoft H-1B visa 2025 salaries revealed: From software engineer to product manager, here is what they get

Why Indian golfers can’t let go of their masala Chai

Sports3 hr ago

Indian golfers have a deep cultural connection to chai, which they never forget to bring on their tours. This tradition has been passed down for generations, with even younger players carrying their own stash. Chai is not just a beverage, but a ritual that brings a sense of home and bonding among players. It also serves as a source of comfort, gossip, and potential energy boost.

View all shorts