Crude Prices
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Brent Crude Oil Price Falls Over 5% To Below $72 Per Barrel
The price of Brent North Sea crude, the international benchmark, dived more than 5 per cent to around $71.50 a barrel
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How Different Crude Price Levels Will Shape India's Fate Amid Excise Duty Cut
The government has announced to slash excise duty by Rs 10 a litre on both petrol and diesel.
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Brent On Fire: Will Russian Oil Be Enough To Save India From This Crude Shock?
India consumes about 5 million barrels of crude every day, meaning the stranded cargoes could vanish from the system almost as quickly as they arrive.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
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Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
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Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
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Oil Settles Down But Off 2-Week Low; Supply Concerns In Focus
U.S. crude stocks rose by 4.3 million barrels last week, the U.S. Energy Department said on Wednesday, more than double the 1.9 million-barrel gain forecast by analysts.
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Oil Prices Settle Up On U.S. Stocks Draw, Rising Fuel Demand
Despite recent wobbles from U.S. economic figures, overall demand for fuel has rebounded to pre-pandemic levels.
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Oil Price Jumps As Demand Shows Signs Of Picking Up
U.S. crude prices jumped 7% on Friday to their highest since March, on strengthening fuel demand as countries around the world eased travel restrictions they had imposed to curb the spread of the coronavirus. U.S. crude gained 19.7% in the week and Brent crude rose 5.2% after a week of bullish news. Both contracts gained for the third consecutive w...
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Cut Output By One Million Barrels Per Day, Saudi Minister Tells Countries
Oil producing countries should cut output by one million barrels per day to re-balance the market, Saudi Arabia's energy minister said Monday, following a drop in crude prices.
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Jayalalithaa Seeks Withdrawal Of Hike In Fuel Price
Demanding withdrawal of the latest hike in petrol and diesel prices, Tamil Nadu Chief Minister Jayalalithaa today trashed the 'US Dollar-Indian Rupee exchange rate' effect as cited by oil marketing companies (OMCs) for the increase and said conditions influencing it had no relation to common people.
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India Still Worried About Rising Crude Prices: Arun Jaitley
India is worried about the impact of Iraq crisis on crude oil, though there were indications of moderation in prices in the last few days, Finance Minister Arun Jaitley said on Friday.
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Crude rises above $101 per barrel amid US-Iran tensions
Oil prices soared Tuesday as tensions grew over key Persian Gulf oil shipments.
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Oil companies plan evacuations from Libya
Global oil companies said Monday that they were making plans to evacuate employees in Libya after some operations there were disrupted by political unrest. Libya holds the largest crude oil reserves in Africa, and the moves drove some stock prices down and a crucial oil benchmark to a three-year high. The largest and most established foreign energy...
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Brent Crude Oil Price Falls Over 5% To Below $72 Per Barrel
The price of Brent North Sea crude, the international benchmark, dived more than 5 per cent to around $71.50 a barrel
-
How Different Crude Price Levels Will Shape India's Fate Amid Excise Duty Cut
The government has announced to slash excise duty by Rs 10 a litre on both petrol and diesel.
-
Brent On Fire: Will Russian Oil Be Enough To Save India From This Crude Shock?
India consumes about 5 million barrels of crude every day, meaning the stranded cargoes could vanish from the system almost as quickly as they arrive.
-
"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
-
Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
-
Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
-
Oil Settles Down But Off 2-Week Low; Supply Concerns In Focus
U.S. crude stocks rose by 4.3 million barrels last week, the U.S. Energy Department said on Wednesday, more than double the 1.9 million-barrel gain forecast by analysts.
-
Oil Prices Settle Up On U.S. Stocks Draw, Rising Fuel Demand
Despite recent wobbles from U.S. economic figures, overall demand for fuel has rebounded to pre-pandemic levels.
-
Oil Price Jumps As Demand Shows Signs Of Picking Up
U.S. crude prices jumped 7% on Friday to their highest since March, on strengthening fuel demand as countries around the world eased travel restrictions they had imposed to curb the spread of the coronavirus. U.S. crude gained 19.7% in the week and Brent crude rose 5.2% after a week of bullish news. Both contracts gained for the third consecutive w...
-
Cut Output By One Million Barrels Per Day, Saudi Minister Tells Countries
Oil producing countries should cut output by one million barrels per day to re-balance the market, Saudi Arabia's energy minister said Monday, following a drop in crude prices.
-
Jayalalithaa Seeks Withdrawal Of Hike In Fuel Price
Demanding withdrawal of the latest hike in petrol and diesel prices, Tamil Nadu Chief Minister Jayalalithaa today trashed the 'US Dollar-Indian Rupee exchange rate' effect as cited by oil marketing companies (OMCs) for the increase and said conditions influencing it had no relation to common people.
-
India Still Worried About Rising Crude Prices: Arun Jaitley
India is worried about the impact of Iraq crisis on crude oil, though there were indications of moderation in prices in the last few days, Finance Minister Arun Jaitley said on Friday.
-
Crude rises above $101 per barrel amid US-Iran tensions
Oil prices soared Tuesday as tensions grew over key Persian Gulf oil shipments.
-
Oil companies plan evacuations from Libya
Global oil companies said Monday that they were making plans to evacuate employees in Libya after some operations there were disrupted by political unrest. Libya holds the largest crude oil reserves in Africa, and the moves drove some stock prices down and a crucial oil benchmark to a three-year high. The largest and most established foreign energy...
