Last Updated: Wednesday, September 9, 2015, 12:43
Opportunities emerging from low oil prices were discussed at a meeting called by Prime Minister Narendra Modi with business leaders, bankers and bureaucrats yesterday against the backdrop of global economic turmoil, he said.
Last Updated: Wednesday, August 26, 2015, 22:58
Brent on Wednesday was up 30 cents at $43.51 a barrel by 1300 GMT, and US crude was up 10 cents at $39.41 a barrel.
Last Updated: Friday, June 5, 2015, 10:09
However on Thursday, New York`s West Texas Intermediate (WTI) crude and London`s Brent oil both fell sharply for a second day as traders fretted that a no-change OPEC decision would further fuel the burgeoning global supply glut.
Last Updated: Friday, May 29, 2015, 12:20
Crude oil for delivery in June was trading notably higher by Rs 65, or 1.77 percent to Rs 3,733 per barrel, with a business turnover of 4,545 lots in futures trading at the Multi Commodity Exchange.
Last Updated: Thursday, May 28, 2015, 12:35
Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.
Last Updated: Tuesday, May 26, 2015, 11:05
Oil is on an uptrend but neither is it on a steady fall. Oil has stabilised at current prices, and in dicates both the WTI and Brent to remain in this USD 60-USD 70 range.
Last Updated: Friday, May 22, 2015, 10:13
Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.
Last Updated: Tuesday, May 19, 2015, 11:06
Global oversupply with weak demand, continue to put a cap on prices despite geopolitical unrest.
Last Updated: Wednesday, May 13, 2015, 01:06
Global oil prices rebounded sharply on Tuesday on the falling greenback, which makes dollar-priced crude cheaper for buyers using stronger currencies.
Last Updated: Monday, May 11, 2015, 17:05
The rebounding greenback makes dollar-priced oil more expensive.
Last Updated: Monday, May 11, 2015, 12:56
China`s crude oil imports hit a record of almost 7.4 mn bpd, ahead of US.
Last Updated: Friday, March 27, 2015, 20:20
Worried over the impact of crude price volatility on the economy, Finance Minister Arun Jaitley on Friday hoped that the situation in the Middle East would improve leading to stabilisation of oil prices.
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