Page 11 - Oil

Govt defers second round of bidding for 60 oil, gas fields by a month

Of the 60 fields, 22 fields belong to ONGC, five to OIL and 12 are relinquished discovered fields

The crude oil conundrum

Investments may flow into exploration, and there may be greater emphasis on renewables

Now that oil producers have cleared surplus, will crude oil supply cut end?

Russia and Saudi are said to have agreed to raise production, but other OPEC and non-OPEC countries might not

Oil prices slump as OPEC and Russia consider output boost

Russia says oil output cuts likely to be eased at June meeting

Rupee becomes Asia's worst-carry trade after $70 a bbl 'crude' shock

The cost increase in India's biggest import item widens the nation's current-account and fiscal deficits, and has turned the currency into Asia's worst performer

Crude oil breaches $70 a bbl as markets await Trump call on Iran sanctions

Iran has come out against higher prices, after a rally of over 12% this year on output cuts by the OPEC and its allies as well as rising geopolitical risks in the Middle East

Oil markets tense on western strikes on Syria, rising US drilling

Brent crude oil futures were at $71.87 per barrel at 0124 GMT, down 71 cents, or 1 percent from their last close

Oil hits two-week high on share market recovery, Mideast tensions

Brent crude was up 89 cents at $65.73 a barrel at 1802 GMT, after rising to an 11-day high of $65.75 a barrel earlier in the session

Govt's 60% oil block sell-off plan may hit dual contract roadblock

Govt plans to sell 60% stake in 15 fields of ONGC, Oil India to rope in private firms as part of production enhancement policy

Blood oil: More than half the oil traded across the world has been stolen

The source of the problem is an archaic law left over from the days of the Atlantic slave trade

Oil scores best opening week in half a decade

US inventories are shrinking at a time when OPEC and allies producers including Russia are working to trim a global glut

Oil hovers near $52 a barrel

Oil is holding a second week of gains after the strongest signal yet that the Opec will extend supply curbs until the end of 2018

Oil hits highest since July 2015 as producers say market rebalancing

US West Texas Intermediate crude for November delivery rose $1.02, or 2%, to $51.68 a barrel

About 25% of US Gulf oil output offline due to Harvey

This equates to 428,568 bpd out of roughly 1.75 mn bpd of oil pumped from the Gulf

Oil prices fall on weak Chinese refining activity

US West Texas Intermediate (WTI) crude futures were at $48.70 a barrel, down 12 cents, or 0.3%

Saudi to cut crude oil allocations by 520,000 barrels a day in September

It is much more than what it pledged to OEPC

Oil majors gushing in cash despite cheap crude

Prospect of crude remains at $50 level is no longer a doomsday scenario for the world's oil majors

Big oil just woke up to the threat of rising electric car demand

BP anticipates 100 million EVs on the road by 2035, a 40% increase in its outlook

Hefty oil bills: Centre exhorts national firms to raise output

India's import dependence has since only risen to 81%

Global oil discoveries fell to record low in 2016, says IEA

Slowdown in activity in oil sector was due to reduced investment spending driven by low oil prices