New Delhi, May 19 -- Global crude prices fell around 2% on Tuesday morning after US president Donald Trump announced to defer a planned military strike on Iran. At 8:15 AM, the July contract of Brent... Read More
New Delhi, May 18 -- Oil prices climbed sharply on Monday after a drone attack near a nuclear power plant in the UAE heightened fears of fresh hostilities in West Asia. At 7:20 am, the July contract ... Read More
New Delhi, May 15 -- The Union finance ministry on Friday imposed an export duty on petrol of Rs.3 per litre, showed a notification from the department of revenue. However, it lowered the levy on the... Read More
New Delhi, May 15 -- After over two years of putting prices on hold, state-run oil marketing companies (OMCs) on Friday raised prices of petrol and diesel around Rs.3 and a litre. The price hike come... Read More
New Delhi, May 14 -- Global oil markets remained relatively calm on Thursday as US President Donald Trump and Chinese President Xi Jinping met in Beijing amid expectations of a diplomatic breakthrough... Read More
New Delhi, May 14 -- The Union power ministry has advised public sector units (PSUs) under its administrative control to promote work from home and reduce employees' foreign travel after Prime Ministe... Read More
New Delhi, May 14 -- Global oil prices traded flat on Thursday morning ahead of the much-anticipated meeting between the US and Chinese presidents in Beijing. At 7:40 am, the July contract of Brent o... Read More
New Delhi, May 13 -- Global crude prices traded on a subdued note on Wednesday morning after rising around 8% over the previous three sessions. Around 7:50 AM, the July contract of Brent on the Inter... Read More
New Delhi, May 12 -- Global oil prices traded higher on Tuesday morning as supply worries persisted amid a fragile US-Iran ceasefire and concerns of renewed hostilities in West Asia. US president Don... Read More
New Delhi, May 12 -- India's state-run oil marketing companies (OMCs) have been incurring significant losses by selling petrol, diesel, and gaseous fuels below cost amid a surge in international crude... Read More