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Page 3 - Crude Oil Market

Here's why your fuel bill hasn't fallen much despite tumbling crude prices

Even if the daily price cut on petrol and diesel remains between 15 and 30 paisa till April 1, the marketing margin will remain high at Rs 8-10 per litre.

Here's why your fuel bill hasn't fallen much despite tumbling crude prices
Updated On : 20 Mar 2020 | 11:52 AM IST

India plans to fill strategic petroleum reserves with cheap Saudi, UAE oil

Leading OPEC producers Saudi Arabia and Abu Dhabi have said they will increase output while cutting prices, giving big consumers the chance to fill up at discounted prices

India plans to fill strategic petroleum reserves with cheap Saudi, UAE oil
Updated On : 16 Mar 2020 | 11:16 PM IST

Margin calls triggered in crude oil led to across-the-board selling

The margin on crude oil, which was set at 16.3 per cent on friday, kept on rising today with MCX imposing margins of up to 60%

Margin calls triggered in crude oil led to across-the-board selling
Updated On : 09 Mar 2020 | 7:59 PM IST

IOC in talks with Rosneft to import Russian oil: Chairman Sanjiv Singh

Oil minister Dharmendra Pradhan said late on Monday that India is open to importing oil from Russia.

IOC in talks with Rosneft to import Russian oil: Chairman Sanjiv Singh
Updated On : 13 Nov 2019 | 10:34 AM IST

How a 3-km-wide shipping lane is threatening the global oil market

But it is also an increasingly dangerous place because of recent attacks on tankers, raising fears that the route is vulnerable to assaults that could threaten and destabilise oil prices

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Updated On : 15 Jun 2019 | 3:23 AM IST

Oil slip for India? Eye on west coast refinery, Saudi aiming for $80 price

Crude oil's rally to $70 a barrel is threatening to clip India's economic wings; while India would like to see the prices at $50 a barrel, Saudi Arabia is said to be aiming for oil near $80

Oil slip for India? Eye on west coast refinery, Saudi aiming for $80 price
Updated On : 11 Apr 2018 | 12:21 PM IST

Oil's drop could leave a stain on earnings

Energy has been the weakest performing sector so far this year

Oil's drop could leave a stain on earnings
Updated On : 25 Jun 2017 | 1:36 AM IST

Faltering demand from China, India, Japan hampers rebalance of oil market

Three countries make up a fifth of 97 million bpd in global oil consumption

Faltering demand from China, India, Japan hampers rebalance of oil market
Updated On : 23 Jun 2017 | 1:50 PM IST