Oil Prices
World  /  Published 11.02.23

Oil prices rise over Russian cut hint

Russia is world’s third-largest producer of oil, and announcement by Novak immediately sent prices upward before they eased slightly...
By Stanley Reed in London

Business  /  Published 12.12.22

G7's oil price cap: Russia offers India help

The Deputy Prime Minister welcomed India's decision not to support the price cap on Russian oil, says the Russian Foreign Ministry...
By PTI in Moscow

Business  /  Published 29.11.22

Oil prices take a tumble

Oil was paring losses as investors looked ahead to an Opec+ meeting this weekend: Analyst...
By Reuters in London

World  /  Published 19.10.22

US: OPEC+ decision on oil production mistake

It was misguided and it was a mistake and a short-sighted move, which is going to affect lower-income economies...
By PTI in Washington

Business  /  Published 07.10.22

Crude spike fans inflation fears

Saudi, UAE and Kuwait are likely to take up most of the burden of cuts, says Tilak Doshi, managing director of Doshi Consulting...
By Reuters, NYTNS in Singapore, London


Business  /  Published 02.09.22

Sharp rise in windfall tax on oil refiners

Move to result in government getting additional Rs 32,000 crore revenue in FY23, says Icra VP...
By Our Special Correspondent in New Delhi

World  /  Published 26.08.22

USA on India-Russia fuel trade

United States has imposed sanctions on Russia in wake of the invasion of Ukraine...
By PTI in New Delhi

Business  /  Published 25.08.22

Oil moves past $100-mark

Both crude oil benchmark contracts touched three-week highs earlier on Wednesday after the Saudi energy minister flagged the possibility of cutting production...
By Reuters in New York

India  /  Published 21.08.22

Jaishankar bats for Indian economy

Indian consumer is shielded to the extent possible from this enormous jump in oil prices, the External Affairs Minister said, defending India's move to buy discounted Russian oil...

Business  /  Published 18.08.22

Oil at 6-month low; petrol at breakeven

The current rates are a relief to India, which is 85 per cent dependent on imports for meeting its oil needs...
By PTI in New Delhi


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