• Tag results for crude oil

Karnataka hikes tax on petrol, diesel by 2 per cent

The state government had on September 17 reduced its tax on petrol to 28.75 per cent from 32 per cent and diesel to 17.73 per cent from 21 per cent in a bid to give relief to the people.

published on : 5th January 2019

Oil prices surge as US equities soar

Stocks posted their best day in nearly a decade on Wednesday, with the all three major indexes registering an increase of more than four per cent.

published on : 27th December 2018

US economic outlook, OPEC-Russia decisions hold key to 2019 crude oil price

lobal crude oil prices, after having been benign and lending a helping hand to India’s fisc, turned around in 2018 to spook the fiscal math.

published on : 27th December 2018

Sensex down 100 points despite declining crude oil prices

All sectors, except consumer durables and capital goods, traded in red. Heavy selling pressure was seen in finance, banking and IT stocks.

published on : 26th December 2018

What’s got crude oil industry so spooked? It’s the economy!

There are two factors behind this pessimism. The first stems from an undue scepticism about the group’s willingness to trim output.

published on : 24th December 2018

Oil prices jump five per cent on US-China trade war ceasefire; Qatar announces exit from OPEC

There was a slight paring of prices after Qatar announced it would be leaving OPEC next year as it looks to concentrate on its gas production, though it would continue to pump crude.

published on : 3rd December 2018

Crude price drop to soothe even if USD 60/barrel is fleeting

The fall in price of crude oil this month — 22 per cent till date — and Friday’s plunge of Brent crude to $58.80 a barrel, come as a great comfort for India.

published on : 25th November 2018

The drop in crude oil prices a good news on current account deficit, bad on the indirect tax front

Global economic conditions are now increasingly looking fragile and a slowdown in global growth looks inevitable as early as 2019.

published on : 23rd November 2018

Auto, oil shares fall after Saudi call for crude cut

The proposed reduction is from October production levels, Falih said, adding that Saudi Arabia would cut its production by 500,000 bpd as of next month to help stabilise the market.

published on : 13th November 2018

Equity indices move slight low than morning as crude oil prices recover

The government would release the Consumer Price Index (CPI) for October and the industrial production data for September later in the day.

published on : 12th November 2018

BSE gets Sebi's nod to launch Oman crude oil contract 

BSE had marked its entry into the commodity derivatives segment with gold and silver contracts on October 1, 2018.

published on : 24th October 2018

Energy security: Kochi Refinery receives first parcel of ‘own crude oil’

In July, approximately 1 million barrels of BPRL’s share of equity crude oil from the Lower Zakum concession was lifted by Bharat Oman Refineries Ltd.

published on : 24th October 2018

Sensex reclaims 34,000, bounces 444 points on easing crude price

The 30-share Sensex climbed 444.39 points, or 1.31 per cent, to 34,291.62 with all the sectoral indices led by realty and oil&gas trading in the positive zone, by rising up to 2.11 per cent.

published on : 24th October 2018

India presses OPEC for responsible pricing of oil

A combination of crude oil climbing to four-year high and rupee dipping to its lowest level against US dollar has sent retail petrol, diesel and LPG rates to record high.

published on : 17th October 2018

Oil prices inch up on surprise drawdown in US crude stockpiles

Inventory data from the U.S. Energy Department's Energy Information Administration is due at 1430 GMT on Wednesday.

published on : 17th October 2018
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