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Crude Oil Prices
India  /  Published 30.04.20

Even richest Ambani is cutting salary

Mukesh Ambani, Asia’s richest tycoon, on Thursday decided to forgo his salary as a slump in crude prices and demand for fuels at home led to a fall in quarterly profits at Reliance Industries for th...
By Our Special Correspondent in Mumbai

Business  /  Published 04.11.18

Crude import bill pinch

The oil import bill for the current financial year is expected to jump a massive 42 per cent to $125 billion because of a spike in global crude prices and the depreciation of the rupee. However, a wai...
By R. Suryamurthy in New Delhi

Business  /  Published 17.09.19

Rising crude price makes Sensex tumble 642 points

The BSE Sensex on Tuesday plummeted 642 points as investors weighed India's fiscal worries because of soaring crude prices in the wake of growing geopolitical tensions in the Middle East.After nosediv...
By PTI in New Delhi

Business  /  Published 08.05.20

Crude tanks get filled up

India’s strategic crude oil reserves will be full by mid-May, petroleum miniser Dharmendra Pradhan said, giving a clear indication that the country has taken advantage of the slump in global crude p...
By Our Special Correspondent in New Delhi

Business  /  Published 07.05.20

Fuel duty windfall for government

The Union government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record hike in excise duty on petrol and diesel that has pushed total incidence of taxation on auto ...
By Our Special Correspondent in New Delhi

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Business  /  Published 30.03.20

Crude price sinks below $20-level

Crude prices fell sharply on Monday with US crude briefly dropping below $20 and Brent hitting its lowest level in 18 years on heightened fears that the global coronavirus shutdown could last months a...
By Reuters in London

Business  /  Published 18.03.20

Coronavirus outbreak: Crude oil prices hits new lows

Oil prices fell for the third session on Wednesday with US crude futures tumbling to a 17-year low as travel and social lockdowns sparked by the coronavirus knocked the outlook for demand.US crude wa...
By Reuters in London

Business  /  Published 16.03.20

Crude oil price dips below $30

Brent and US crude fell below $30 on Monday as emergency rate cuts by the US Federal Reserve and its global counterparts failed to tame the markets and China’s factory output plunged at the sharpest...
By Reuters in London

India  /  Published 14.03.20

Congress trains oil price gun at Centre

Diesel was sold in 2004 for Rs 22.74 a litre when crude oil was hovering around $35 a barrel, almost the same as it is today. But diesel is being sold for around Rs 64 a litre in Delhi now. In 2004, o...
By Our Special Correspondent in New Delhi

Opinion  /  Published 22.05.19

Challenging time for foreign policy

Last week, Iran’s foreign minister, Mohammad Javad Zarif, asked his Indian counterpart, Sushma Swaraj, whether New Delhi would continue to purchase oil from Tehran in the face of America’s decisio...
By Charu Sudan Kasturi


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