Crude oil imports rise to 4-year high in March Shipments from Russia remain elevated, but down on year. By Arunima BharadwajMarch 28, 2024 00:15 IST
Crude oil prices fall for a second day as US crude inventories increase Brent crude futures for May dropped 69 cents, or 0.8%, to $85.56 a barrel at 0150 GMT. By ReutersUpdated: March 27, 2024 09:58 IST
India cuts back on Venezuelan oil amid imminent US sanctions During January to March, India imported only 100,000 barrels a day of crude oil from Venezuela, accounting for only 2%… By Arunima BharadwajMarch 27, 2024 02:00 IST
Crude oil prices extend upward momentum on expectations of tighter supply Brent crude rose 23 cents to $86.98 a barrel by 0118 GMT. U.S. crude futures climbed 28 cents to $82.23. By ReutersUpdated: March 26, 2024 11:24 IST
Self-sufficiency in petro products declines, amid steady exports India is already a huge net importer of crude oil, and import reliance for this primary source of energy has… By Arunima BharadwajMarch 22, 2024 00:15 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… By Arunima BharadwajUpdated: March 21, 2024 13:57 IST
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… By ReutersMarch 20, 2024 18:07 IST
Net sugar output dips marginally at 280.79 lakh tonnes so far in 2023-24 mkt yr ending Sep: ISMA In Uttar Pradesh, sugar production stood at 88.40 lakh tonnes as against 79.63 lakh tonnes during the period under review. By PTIMarch 18, 2024 17:22 IST
Crude oil prices rise on tighter supply, geopolitical risks The April contract for U.S. West Texas Intermediate (WTI) crude was up 10 cents to $81.14. By ReutersUpdated: March 18, 2024 07:48 IST
Petrol costliest in Andhra Pradesh & Kerala; BJP-ruled MP, Bihar close behind That reduction brought relief to fuel users but rates continue to be above Rs 100 a litre mark in some… By PTIUpdated: March 17, 2024 14:53 IST
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… By Arunima BharadwajMarch 16, 2024 01:00 IST
Fuel price cut to not impact margins: IOCL chairman ICICI Securities also estimate that the retail fuel margins of the OMCs will remain relatively steady at Rs 4 per… By Arunima BharadwajMarch 16, 2024 00:45 IST
Crude oil dips on profit taking after price crosses $85 Brent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel at 1234 GMT, after crossing… By ReutersUpdated: March 15, 2024 08:04 IST
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. By Arunima BharadwajMarch 15, 2024 03:45 IST
Petrol and diesel prices cut by Rs 2 across India Petrol and diesel prices cut: The Modi government on Thursday slashed the petrol and diesel prices by Rs 2 Per… By FE News DeskUpdated: March 14, 2024 21:59 IST
Crude oil prices up on strong US demand, Fed signals in focus Brent futures for May delivery were up 36 cents, or 0.44%, at $82.28 a barrel by 0020 GMT. By ReutersUpdated: March 13, 2024 07:52 IST
Rice stocks 4 times the buffer at 57 MT A year ago, rice stock held with FCI was lower at 21 MT, as FCI has supplied additional grain free… By Sandip DasMarch 13, 2024 01:45 IST
India oil demand to rise 4.2% on year in 2024: OPEC Rising diesel consumption key driver By Arunima BharadwajMarch 13, 2024 01:05 IST
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