Global oil price

Airfares may surge as aviation turbine fuel prices up by 18 per cent 

Aviation turbine fuel, also known as jet fuel, was hiked by Rs 17,135.63 per kl on Wednesday.

published on : 17th March 2022

Biden announces release of millions of barrels of oil to maintain global oil prices 

In his maiden State of the Union Address on Tuesday, Biden said his administration was taking robust action to make sure the pain of the US sanctions is targeted at Russia's economy.

published on : 2nd March 2022

Oil hits 4-year high after OPEC+ shows no sign of turning on the taps

The United States from Nov. 4 will target Iran's oil exports with sanctions, and Washington is putting pressure on governments and companies around the world to fall in line and cut their purchases.

published on : 25th September 2018

India's oil demand growth to slow down over next decades: Reliance

Despite the slowdown, oil consumption will still increase to 480 million tonnes by 2040 as the renewable push will not completely halt oil demand growth, said Reliance Industries' Harish Mehta.

published on : 25th September 2018