Tag: oil

Coronavirus

Petrol, diesel prices hiked once again

June 12, 2020

New Delhi: Petrol price was hiked Friday by 57 paise per litre and diesel by 59 paise a litre as ...

Pump jacks draw crude oil from the Long Beach Oil Field near homes in Signal Hill, California, on March 9, 2020. - Global stocks and oil prices rebounded on March 10, 2020 on hopes of US economic stimulus efforts as the coronavirus rages, one day after suffering their biggest losses in more than a decade. Trading is exceptionally volatile as investors attempt to get a grip on a rapidly changing news flow, with positive reports of progress in China on the virus clashing with a Saudi decision to increase oil output in an already over-supplied market. (Photo by DAVID MCNEW / AFP) (Photo by DAVID MCNEW/AFP via Getty Images)

Business

Oil prices plunge again, WTI down 20% on supply glut

April 28, 2020

New Delhi: US oil prices tumbled again Tuesday with the June contract of WTI crude on the NYMEX falling nearly ...

Business

United States to add 75 million barrels of oil to strategic reserve: Donald Trump

April 21, 2020

Washington: President Donald Trump said Monday the US would take advantage of the historic drop in oil prices to buy ...

Coronavirus

Iran asks for USD 5 billion IMF loan as COVID-19 death toll mounts to 429

March 12, 2020

Tehran: Iran’s health ministry said Thursday that the new coronavirus has killed 75 more people, raising the death toll to ...

Business

Saudi Arabia to boost oil production capacity by 1 million barrels per day

March 11, 2020

Riyadh: Energy giant Saudi Aramco Wednesday said it plans to raise its crude production capacity by one million barrels per ...

Business

Oil plunges after Saudi Arabia begins price war

March 9, 2020

Singapore: Oil plunged over 20 per cent Monday after top exporter Saudi Arabia launched a price war in response to ...

Business

India wants Qatar to lower LNG price; Doha says no

January 27, 2020

New Delhi: India pressed Monday its largest LNG supplier Qatar to lower the price of gas under the existing long-term ...

Business

OIL may acquire 74% in BPCL’s NRL

January 26, 2020

New Delhi: State-owned oil and gas explorer Oil India (OIL) and the Assam government may acquire Bharat Petroleum Corporation's entire ...

Business

IEA slams India’s gas pricing policy

January 12, 2020

New Delhi: The International Energy Agency (IEA) has slammed India’s natural gas pricing policy. It said that linking domestic production ...

Business

By mid-2020s, India’s oil demand growth will overtake China

January 10, 2020

New Delhi: India's oil demand growth will overtake China by mid-2020s, the International Energy Agency (IEA) said Friday asking the ...

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Editorial

PM’s Brainstorming

October 25, 2025

It’s not every day that a Prime Minister spends hours in brainstorming sessions with senior bureaucrats. But that’s exactly what...

October 24, 2025

By Shoumitro Chatterjee & Arvind Subramanian China’s rising trade surplus is once again causing unease in the United States and...

October 23, 2025

Brahma Chellaney During his 13 years in power, Xi Jinping has steadily tightened his grip on all levers of authority...

October 22, 2025

A new wave of political movements without any so-called ideological underpinning except for deafeningly noisy demands for basic citizens' needs...

Tag: oil

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Editorial