crude

New Delhi, July 28:  International crude oil prices fell further today as traders assessed the possibility of a diplomatic breakthrough between the United States and Iran, raising expectations that tensions in the Middle East could ease and…
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New Delhi, July 22: State-owned Bharat Petroleum Corporation Ltd (BPCL) today reported a net loss of ₹3,962.13 crore in the June quarter of the current financial year 2027. The compared had a profit of ₹3,333.97 crore in the same period…
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New Delhi, July 21: Displaying volatility, crude oil prices rose nearly 1 per cent to Rs 8,014 per barrel in futures trade today amid ongoing tensions in West Asia and anxiety over supply disruptions. Brent was hovering around the USD 90…
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New Delhi, July 17: Amidst the ongoing volatility in the global energy supplies due to the West Asia war, Venezuela entered the list of India's top five crude suppliers, making a comeback after the US lifted its sanctions on the major oil…
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New Delhi, July 10: For the first time, State-owned Oil and Natural Gas Corporation (ONGC) will fund a strategic crude storage facility as it has approved development of a 1.75 million metric tonne (MMT) petroleum reserve at Mangaluru,…
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New Delhi, July 8: International Oil prices surged by nearly 6% after US President Donald Trump said today that the interim agreement with Iran is “over,” though he will allow talks to continue. The sharp rally in oil prices…
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New Delhi, July 7: Saudi Arabia has decided to cut its official selling price (OSP) for crude oil sold to Asian buyers, a move that is expected to provide short-term relief to India by lowering import costs and easing inflationary…
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New Delhi, July 6: The price of Brent crude oil fell below $72 per barrel today after much improved movement of vessels through the Strait of Hormuz coupled with the decision of OPEC+ to raise production targets for August. The Brent…
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New Delhi, July 3: Even as the Brent crude oil prices continue to be in the range of $72 per barrel, significantly down from around USD 110 a few weeks ago,  there is no change in petrol or diesel prices in India. The international…
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New Delhi, June 23: With the US waiving Iran sanctions for 60 days, more than 30 vessels carrying crude oil from the Persian nation are headed for Asia, marking good news in the context of global energy supplies. …
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