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US crude oil inventories up last week

Houston : The American Petroleum Institute (API) has reported an increase of 3.594 million barrels of crude oil in US inventories for the week...

Crude oil futures surge on vaccine hopes, Brent hits $50/bbl

Mumbai, Dec 10 : Futures of crude oil rose on Thursday on the back of the hopes for vaccines to combat coronavirus and also...

With crude firm, petrol & diesel prices rise

New Delhi, Nov 24 : Petrol price on Tuesday was raised by 6 paise per litre and diesel by 16 paise, the fifth straight...

22bn barrels of crude oil discovered in Abu Dhabi

Abu Dhabi, Nov 23 : An estimated 22 billion barrels of non-conventional and recoverable crude oil was recently discovered in Abu Dhabi, the capital...

Vaccine rollout, gradual revival pushed crude prices above $50 per barrel: Report

Mumbai, Jan 9 : The rollout of Covid-19 vaccines coupled with a gradual revival in demand has enabled crude oil prices to surge above...

Brent crude nears $55/bbl post Saudi’s supply cut announcement

New Delhi, Jan 7 : Oil prices continued to surge on Thursday with the Brent nearing the $55 per barrel mark on the back...

Pandemic-hit govt finances gets ‘crude’ rescue, oil import bill to fall

By Subhash Narayan New Delhi, Dec 28 : At least in the oil sector, the global health emergency caused by coronavirus is coming to...

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