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Latest from oil price

Price of commercial LPG cylinder slashed by 24, effective June 1

In April, the price of commercial 19 kilogram LPG gas cylinders were reduced to ₹1,762. Prices had also been slashed by ₹7 in February, 2025.

The prices of commercial 19kg LPG cylinders have been reduced by <span class='webrupee'>₹</span>24(PTI)
Updated on May 31, 2025 10:42 PM IST

Cooking gas price hiked by 50 per cylinder

Oil minister Hardeep Singh Puri announced that cooking gas price has been hiked by ₹50 per cylinder.

The cooking gas price has been increased by <span class='webrupee'>₹</span>50 per cylinder(Bloomberg)
Updated on Apr 07, 2025 07:53 PM IST

Oil prices plummet as US-China trade tensions fuel recession fears

Brent futures declined to $63.04, while WTI dropped to $59.49, marking their lowest since April 2021.

As growing trade tensions between the US and China fuelled concerns of a recession that would lower demand for crude, oil prices continued their losses from last week on Monday, with WTI dropping more than 4%.(AFP/representative )
Published on Apr 07, 2025 01:17 PM IST
Reuters |

Global oil prices fall as Donald Trump’s wide-ranging tariffs threaten demand

Trump said he will apply a minimum 10% tariff on all exporters to the US and impose additional duties on around 60 nations with the largest trade imbalances.

West Texas Intermediate declined as much as 3.3% to $69.38 a barrel, tracking a slump in wider markets.(Representational Image/Unsplash)
Updated on Apr 03, 2025 08:35 AM IST
Bloomberg |

Crude oil prices fall over Chinese inflation dip

Crude was hit by the escalating global trade war, plans by OPEC and its allies to increase production, and talks to end the three-year war in Ukraine.

Brent Crude traded close to $70 a barrel after touching a new low since 2021 last week, while WTI Crude was below $67.(Representational Image/Unsplash)
Published on Mar 10, 2025 05:43 PM IST
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