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'Oil wealth transfer' to benefit - airlines?: Pro

30-03-2015| Source:CNBC

Crude oil prices fell on Friday but still finished the week higher by 9 percent on the back of fear over unrest in Yemen and the Middle East. Even with this week's pop though, oil is still down more

Oil prices dip as Iran, world powers seek nuclear deal

30-03-2015| Source:Reuters

In the United states, the oil rig count continued to fall as producers adjust to lower prices, although analysts said that lower drilling activity would only affect actual oil production later

Govt may exempt ONGC, OIL from paying subsidy in Q4

27-03-2015| Source:PTI

The upstream subsidy contribution is by way of discount on crude oil they sell to refineries. With international oil prices almost halving to USD 50 per barrel, providing the subsidy discounts would

Global crude oil prices to stabilise soon: FM Jaitley

27-03-2015| Source:PTI

Concerned over volatility in international oil prices, Finance Minister Arun Jaitley Friday expressed hope that the situation in the Middle East will improve and the prices will stabilise.

Make India energy sufficient, cut imports: PM Modi

27-03-2015| Source:PTI

,238 crore on import of crude oil in 2013-14. He also said that Rs 100 crore in subsidy has been saved by 2.8 lakh people giving up the use of below market price LPG. "This money could be used for schools

Yemen woe short-term, may not impact oil price: Crossbridge

27-03-2015| Source:CNBC-TV18

added to the volatility. Oil prices fell in Asia on Friday, cutting short a rally as investors weighed the potential for disruptions in Middle East supplies caused by the Yemen crisis and a global crude

India should try to cut oil imports by 10% in 2022: Modi

27-03-2015| Source:Reuters

India imports about 80 percent of its daily crude oil requirements, making it a major contributor to the country's import bill.

India may rid ONGC, Oil India from paying subsidy in March

27-03-2015| Source:Reuters

India regulates retail prices of liquefied petroleum gas and kerosene to keep prices under check, with producers like ONGC and Oil India selling crude and related products to fuel retailers at a

We're going to run out of places to store oil: Citi analyst  

27-03-2015| Source:CNBC-TV18

The ongoing conflict between Saudi Arabia and Yemen may have resulted in oil prices flaring up suddenly in the past few days but it is not going to be a turning point for crude, according to Seth

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