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Jaishankar on Russian oil: ‘Arguments used to target India not applied to China’

Updated on Aug 23, 2025 10:25 IST

Russian President Vladimir Putin, left, and Indian external affairs minister Subrahmanyam Jaishankar shake hands during their meeting in Moscow on Thursday,

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

The prices of commercial 19kg LPG cylinders have been reduced by <span class='webrupee'>₹</span>24

Updated on May 31, 2025 17:12 IST

Cooking gas price hiked by ₹50 per cylinder

The cooking gas price has been increased by <span class='webrupee'>₹</span>50 per cylinder

Updated on Apr 7, 2025 14:23 IST

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

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%.

Published on Apr 7, 2025 07:47 IST

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

West Texas Intermediate declined as much as 3.3% to $69.38 a barrel, tracking a slump in wider markets.

Updated on Apr 3, 2025 03:05 IST

Crude oil prices fall over Chinese inflation dip

Brent Crude traded close to $70 a barrel after touching a new low since 2021 last week, while WTI Crude was below $67.

Published on Mar 10, 2025 12:13 IST

US: Oil prices fluctuate as Trump signals tariffs and energy policy changes

As markets processed a plethora of promises and executive orders from President Donald Trump, such as the prospect of tariffs on Canada and vows to increase American energy output, oil fluctuated between gains and losses.

Published on Jan 21, 2025 12:41 IST

India to boost US oil purchases following Trump's energy production plans

Following U.S. President Donald Trump's vow to maximise U.S. oil and gas output, India is probably going to buy more of the U.S.

Published on Jan 21, 2025 12:33 IST

Oil prices drop amid supply concerns and weak economic data

Despite worries about tighter Russian and Iranian supplies amid growing Western sanctions, oil prices dropped on Tuesday, extending losses into a second straight session following last week's gain.

Published on Jan 7, 2025 06:46 IST

Israel-Iran crisis: Escalating conflicts cause global oil prices to shoot up

The iCOMDEX Crude Oil index of the Multi Commodity Exchange (MCX) showed oil prices rose to <span class='webrupee'>₹</span>7,749.35 a barrel. This is a 1.32% or <span class='webrupee'>₹</span>101.11 gain.

Published on Oct 3, 2024 07:40 IST

India hikes edible palm, soyabean, sunflower oil import tax to support farmers

New Delhi on Friday imposed a 20% basic customs duty on crude palm oil, crude soyoil and crude sunflower oil from Sept. 14, the notification said. (Representational image/Unsplash)

Published on Sep 14, 2024 04:03 IST

India's wholesale prices at a 16-month high in June as vegetable prices go up

Inflation in food articles rose 10.87% in June, as against 9.82% in May (Bloomberg)

Published on Jul 15, 2024 10:48 IST

Oil prices resume climb after U.S. stockpiles drop in tight market

(Representational image)

Published on Mar 23, 2022 02:50 IST

Oil price hike may be delayed as crude plunges below $100

The price of petrol and diesel may not rise as much as feared because the price of crude oil has declined by about 30% after hitting an intraday peak of $139 per barrel for Brent Crude on March 7. (REUTERS File Photo)

Updated on Mar 15, 2022 23:22 IST

Oil breaches $100 for first time since 2014 on Ukraine attacks

Brent crude hit a high of $101.34 a barrel in early Asia trade, the loftiest since September 2014, and was at $101.20 a barrel at 0423 GMT, up $4.36, or 4.5%.

Published on Feb 24, 2022 04:44 IST

Oil near 6-week low as China readies crude reserve release

Brent crude was down 42 cents, or 0.5%, to $79.86 a barrel by 1217 GMT, after earlier dropping to $79.28, the lowest since Oct. 7.

Published on Nov 18, 2021 12:40 IST

Oil drops after rallying on signs of rising global fuel demand

General view of Neste's oil refinery

Published on Apr 30, 2021 05:08 IST

Oil holds drop near $62 with virus flare-up looming over market

The prompt timespread for Brent was 62 cents in backwardation -- a bullish market structure were near-dated contracts are more expensive than later-dated ones -- on Monday.

Published on Apr 27, 2021 24:32 IST

Oil inches lower on concerns over Covid-19 surge in India, Japan

US West Texas Intermediate (WTI) crude futures were down 4 cents, or 0.1%, at $62.10 a barrel, after rising 1.2% on Friday.

Published on Apr 26, 2021 02:18 IST

Oil prices drop as India's Covid-19 surge dents demand outlook

India, also the world's third-largest oil user, on Wednesday reported another record increase in the daily death toll from Covid-19.

Published on Apr 21, 2021 14:04 IST

Oil drops toward $62 on concern resurgent virus will sap demand

General view of the Imperial Oil refinery in Canada

Published on Apr 21, 2021 01:14 IST

Oil rises on signs of US inventory drawdown, OPEC bullishness

Imperial Oil refinery, located near Enbridge's Line 5 pipeline in Sarnia, Ontario, Canada March 20, 2021.

Published on Apr 14, 2021 24:56 IST

Oil prices hold steady as investors weigh rising supplies, demand outlook

Analysts expect global oil inventories to continue to fall, however, as fuel demand accelerates in the second half of this year as the global economic recovery gathers steam.

Published on Apr 9, 2021 07:35 IST

Oil prices rise on stronger economic outlook, US stockpile draw

Oil prices were buoyed as data on Tuesday showed US job openings rose to a two-year high in February while hiring picked up.

Published on Apr 7, 2021 06:11 IST

Oil drops after OPEC+ decides on gradual easing of supply curbs

Crude has surged this year as the roll-out of coronavirus vaccines paves the way for the reopening of economies, and the decision by the Organization of Petroleum Exporting Countries and its allies was seen as a vote of confidence in the outlook.

Published on Apr 5, 2021 01:26 IST

Oil fluctuates above $60 in run-up to critical OPEC+ gathering

West Texas Intermediate rose 0.2% after falling 1.6% on Tuesday. In the run-up to the closely-watched ministerial meeting, an OPEC+ panel revised down demand estimates for the year, delegates said.

Published on Mar 31, 2021 08:29 IST

Oil falls as Suez ship partially refloated, market weighs demand

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US.

Published on Mar 29, 2021 04:52 IST

Oil edges lower near $61 with near-term demand concerns in focus

A crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas.

Published on Mar 23, 2021 24:28 IST

Oil slump deepens as Europe faces pandemic lockdowns

Rising Covid‑19 cases, particularly in Brazil, also weighed on the demand outlook, and a stronger U.S. dollar pressured oil prices.

Published on Mar 19, 2021 02:16 IST

Oil climbs ahead of data on global demand, US economy

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US.

Published on Mar 17, 2021 10:07 IST

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