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March 31, 2023 08:20 AM IST Brent futures, which have risen nearly 6% this week, were up 15 cents, or 0.19%, at $79.42 a barrel at 0146 GMT. U.S. West Texas Intermediate (WTI) crude rose 17 cents, or 0.23%, to $74.54, having gained about 8% this week.
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March 30, 2023 06:23 AM IST Brent crude futures were unchanged at $78.28 a barrel at 0020 GMT. West Texas Intermediate U.S. crude fell 6 cents, or 0.1%, to $72.91 a barrel.
- March 29, 2023 09:11 PM IST
"Rosneft Oil Company and Indian Oil signed a term agreement to substantially increase oil supplies as well as diversify the grades to India," the Russian firm said in a statement.
- March 28, 2023 02:14 PM IST
Russia shifted its oil exports to India and China last year as European Union nations sought to end their reliance on Russian energy supplies after Moscow sent troops into neighbouring Ukraine.
- March 28, 2023 07:43 AM IST
Brent crude futures fell 2 cents to $78.10 a barrel at 0018 GMT. West Texas Intermediate U.S. crude gained 8 cents, or 0.1%, to $72.89.
- March 26, 2023 01:34 PM IST
Factors such as movement of global oil benchmark Brent crude and the rupee would also guide the trend in equities.
- March 24, 2023 09:46 PM IST
Brent crude fell $1.85, or 2.4%, to $74.06 a barrel by 11:13 a.m. EST (1513 GMT, while West Texas Intermediate U.S. crude futures fell $1.79, 2.5%, to $68.23 a barrel.
- March 24, 2023 04:19 PM IST
At the interbank foreign exchange market, the local unit opened lower by 12 paise at 82.32 as the US dollar rebounded against global currencies.
- March 24, 2023 12:22 PM IST
Shares of Asian Energy Services Ltd surged over 100 percent in the last one month on the back of higher volumes. On Friday, the stock gained as much as 5% after its promoter increased their stake in the company.
- March 24, 2023 09:24 AM IST
India’s transition from traditional gasoline and diesel-fueled transport is expected to lag other regions, whereas China’s adoption of electric vehicles is skyrocketing.
- March 23, 2023 11:52 AM IST
The Petroleum and Natural Gas Regulatory Board (PNGRB) on March 22 said the integrated tariff for natural gas pipelines of GAIL (India) is set to increase to Rs 58.61 per MMBtu. The tariff, which is 45 percent higher, will be effective April 1, 2023.
- March 23, 2023 06:55 AM IST
Brent crude futures fell 80 cents, or 1%, to $75.89 a barrel by 00:09 GMT, while U.S. West Texas Intermediate crude (WTI) dropped 84 cents, or 1.2%, to $70.06.
- March 22, 2023 07:09 PM IST
Crude oil prices are trading near 15-month lows, with a nearly 13% decline in 2023 so far. Until now, oil markets were volatile due to the constant churn in the global geopolitical situation - but now, even financial dynamics are impacting the oil market, with 3 global banks getting into trouble one after the other. But, what exactly is the link between the global banking crisis & the fall in crude oil prices? Watch to find out!
- March 22, 2023 05:23 PM IST
US oil companies are envious of how much money their European peers are making from trading oil and gas. But do they have the stomach for it?
- March 22, 2023 04:33 PM IST
Brent crude futures , which have risen by almost 3% this week, were down 30 cents, or 0.40%, at $75.02 a barrel at 1026 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 29 cents, or 0.42%, at $69.38.
- March 22, 2023 07:54 AM IST
Brent futures, which have risen more than 3% this week, were down 48 cents, or 0.6%, at $74.84 a barrel at 0203 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 47 cents, or 0.7%, at $69.20.
- March 21, 2023 07:22 AM IST
Brent crude futures for May settlement gained 5 cents and traded at $73.84 per barrel by 0049 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 9 cents to $67.73 a barrel. In the previous session, both Brent and WTI fell about $3 a barrel before settling higher.
- March 20, 2023 06:54 AM IST
Brent crude futures rose 35 cents, or 0.5%, to $73.32 a barrel by 0007 GMT after a near 12% loss last week, its biggest weekly fall since December.
- March 18, 2023 04:57 PM IST
Almost 1,200 miles away in Dubai, a small office in a run down industrial estate, offers no clues that it, too, is a small cog in Russia’s vast new petroleum supply chain.
- March 17, 2023 09:47 PM IST
Oil prices took a dive on Friday, reversing early gains of more than $1 a barrel and falling by more than $3, as banking sector fears set crude on course for its biggest weekly decline in months.
- March 17, 2023 07:25 PM IST
Brent crude futures fell by 76 cents, or 1.02%, to $73.94 a barrel by 1322 GMT. U.S. West Texas Intermediate crude was down 52 cents, or 0.76%, at $67.83.
- March 17, 2023 10:00 AM IST
West Texas Intermediate futures edged toward $69 a barrel on Friday, but are still down about 10% for the week. OPEC+ chiefs from Saudi Arabia and Russia met in Riyadh on Thursday, and discussed efforts by the group to “promote market balance and stability.”
- March 17, 2023 08:24 AM IST
Brent crude futures edged up 2 cents to $74.72 a barrel by 0133 GMT, having snapped three days of losses to settle 1.4% higher on Thursday.
- March 17, 2023 06:44 AM IST
Some cargoes of low sulphur, or sweet, crude oil bought by Indian refiners have risen above the $60 per barrel cap set by the Group of Seven rich countries, the European Union and Australia, due to rising demand, while most cargoes are below the cap.
- March 16, 2023 05:44 PM IST
Financial sector tensions have dealt a blow to oil demand outlook, but India finds herself in a macroeconomic sweet spot.
