Back to homepage

Tag "crude prices"

RIL’s O2C business logs 75% rise in Q1 revenues on high crude prices

RIL’s O2C business logs 75% rise in Q1 revenues on high crude prices

🕔21:59, 23.Jul 2021

Mumbai, July 23  The oil-to-chemical business of Reliance Industries Ltd (RIL) has registered a massive 75.2 per cent increase in its revenues at Rs 1.03 lakh crore for the April-June quarter. The company attributed the rise in revenues to the

Read Full Article
“With Biden winning US Elections, crude prices may touch $45-$55 per barrel

“With Biden winning US Elections, crude prices may touch $45-$55 per barrel

🕔16:24, 9.Nov 2020

Mumbai, Nov 9  Compared with a second term of the Trump administration, a Biden presidency could be positive for U.S. oil and gas drillers because tougher regulations on hydraulic fracturing would likely reduce production, raising crude prices to levels of

Read Full Article
Diesel prices fall across metros amid decline in crude prices

Diesel prices fall across metros amid decline in crude prices

🕔13:58, 2.Oct 2020

New Delhi, Oct 2  Prices of diesel declined for the second consecutive day on Friday across the four metro cities. In the national capital, diesel was priced at Rs 70.46 per litre, down from Rs 70.53 on Thursday. Similarly, in

Read Full Article
Lower cut in oil prices ahead as oil cos factor in higher excise duty

Lower cut in oil prices ahead as oil cos factor in higher excise duty

🕔09:45, 15.Mar 2020

New Delhi, March 14 The Rs 3 per litre increase in excise duty in petrol and diesel has brought both good and bad news for consumers. The good news is that there would not be any increase in retail selling

Read Full Article
Oil falls back from $50, but Indian basket regains this level

Oil falls back from $50, but Indian basket regains this level

🕔09:03, 11.Oct 2016

New York/ New Delhi, Oct 10 (IANS) Oil fell back from $50 a barrel in early trade on Monday after Saudi Arabia hinted that the output freeze agreed upon by the OPEC cartel countries last month would be effected quite gradually.

Read Full Article
Reforms back in India’s oil economy amid crash in crude prices

Reforms back in India’s oil economy amid crash in crude prices

🕔14:28, 17.Dec 2014

Complete decontrol of diesel marketing, new pricing formula for domestic gas after five years and a plunge in global crude prices flagged a new beginning for India’s oil economy in 2014 but there was little news on stake sale in

Read Full Article
OPEC daily basket price closes over three dollars lower

OPEC daily basket price closes over three dollars lower

🕔07:58, 29.Nov 2014

Vienna, Nov 28 The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $70.80 a barrel Thursday, compared to $73.70 Wednesday, the OPEC Secretariat said. The new OPEC reference basket comprises Saharan Blend (Algeria),

Read Full Article