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Brent Crude
Business  /  Published 16.05.22

Aramco profit surge

The bumper first-quarter earnings by the firm show a record net income of $39.5 billion, up from $21.7 billion during the same period last year...
By AP in Dubai

Business  /  Published 11.05.22

Russian crude holds its lure

Sources say India will continue to lap up Russian Ural crude available at a discount, while continuing to buy oil from Saudi Arabia...
By R. Suryamurthy

Business  /  Published 22.03.22

EU sanction threat fires up crude price

With little sign of the conflict easing, the focus returned to whether the market would be able to replace Russian barrels hit by sanctions...
By Reuters, PTI in Mumbai, London

Business  /  Published 19.03.22

Crude moves above $100

The volatility has scared players out of the oil market, which in turn is likely to exacerbate price swings...
By Reuters in London

Business  /  Published 11.03.22

Oil prices bounce back after steep drop

In a volatile market, Brent crude futures were up $4.90, or 4.4 per cent, at $116.04 a barrel by 1428 GMT after trading in an $8 range...
By Reuters in London

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India  /  Published 07.03.22

Hike for petrol & diesel prices

The twin blows of oil valuation and a weakening rupee may hurt the nation's finances, upend a nascent economic recovery and fire up inflation...
By Our bureau and PTI in New Delhi

Business  /  Published 03.03.22

Brent soars above $112, inflation fears rise

In India, state-owned oil retailers are preparing to raise fuel prices next week once the state elections are over...
By Our Special Correspondent in New Delhi

Business  /  Published 25.02.22

Cabinet in a huddle as Brent tops $105

India’s chief economic adviser V. Anantha Nageswaran on Thursday said there is a need to keep a close watch on the persistence of high oil prices...
By Our Special Correspondent in New Delhi

Business  /  Published 01.01.22

Oil heads for biggest gain since 2016

Brent crude futures fell 93 cents, or 1.2 per cent, to $78.60 a barrel at 1413 GMT, while US West Texas Intermediate (WTI) crude futures dropped $1.05, or 1.4 per cent...
By Reuters in London

Business  /  Published 03.12.21

Oil cartel sticks to old output hike plan

Benchmark Brent crude fell more than $1 after the deal was reported, before recovering some ground to trade around$70 a barrel....
By Reuters in London


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