Oil Price

Oil & Gas
Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl
In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.
Oil & Gas
Oil Prices Slide on Worries over China Economy and Higher Crude Output
Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.
Policy & Regulation
Russia’s Energy Ministry Proposes Ban on Gasoline Export
Russia’s energy ministry said on Friday it filed a proposal for the government to start a procedure for a ban on gasoline exports.
Oil & Gas
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce
Oil & Gas
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o
Oil & Gas
India May Join China In Bid To Lower Oil Prices
The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it
Policy & Regulation
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
Oil & Gas
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c
Oil & Gas
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu
Oil & Gas
Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss
After plunging nearly 7% on Monday, oil prices saw a leveling off and even a smidgeon of a rebound on Tuesday in what many hope will be a new state of calm in t
Oil & Gas
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Video
Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?
Standoff due to economic rivalry among oil-rich countries in the Middle East has ended.
Oil & Gas
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
Oil & Gas
OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022
OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.
Oil & Gas
Oil Prices Drop After Saudi-UAE Reach Output Compromise
The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will

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Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax

Oil Price

Halt in Fuel Price Revision Continues, Global Oil Rates Above $75/bbl

Oil Prices Slide on Worries over China Economy and Higher Crude Output

Russia’s Energy Ministry Proposes Ban on Gasoline Export

Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May

Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel

India May Join China In Bid To Lower Oil Prices

Russia Weighs Gasoline Export Ban

China Taps Into Crude Reserves To Curb Oil Price Rally

Goldman Cuts Q3 Brent Forecast to $75 a Barrel

Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss

U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021

Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?

OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets

OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022

Oil Prices Drop After Saudi-UAE Reach Output Compromise

Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax

World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

Wall Street Stocks Rally, Oil Prices Fall Ahead of Fed Meeting

Goldman Remains Bullish On Oil Despite OPEC+ Decision

Egypt Raises Fuel Prices for First Time in 2025