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IMF's Deputy Managing Director sees inflation, growth risks if Israel war widens

Gita Gopinath, first deputy managing director of International Monetary Fund (IMF), speaks during a Bloomberg Television interview at the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco. (Bloomberg)
Published on Oct 11, 2023 07:23 PM IST

Israel-Hamas war: Oil prices surge by over 4.5% amid Middle East tensions

Palestinian civil defense crews try to extinguish fire in a house that was hit by an Israeli airstrike in Khan Younis, southern Gaza Strip, Sunday.
Published on Oct 09, 2023 08:04 AM IST

Number Theory: An oil slick over govt's fiscal plan for elections?

PREMIUM
The price of India’s crude oil basket (COB) climbed to $89.8 per barrel on September 4
Published on Sep 07, 2023 04:03 PM IST

China leads aviation boom across Asia but here's the drawback of travel rebound

China leads aviation boom across Asia but here's the drawback of its travel rebound
Published on Aug 27, 2023 09:05 AM IST

ONGC's Q1 net profit falls 34% on lower oil prices and output

ONGC (File photo)
Published on Aug 12, 2023 02:48 PM IST

Saudi Arabia's Aramco Q2 profit drops 40% due to lower oil prices

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.
Updated on Aug 07, 2023 05:51 PM IST

Opening bell: Sensex in red at 60,287; Nifty trades at 17,789

Market updates today: People walk past an electronic signage displayed at the Bombay Stock Exchange (BSE) building.
Updated on Apr 13, 2023 10:21 AM IST

Saudis to cut oil production by 500,000 barrels per day for ‘market stability’

A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq.
Updated on Apr 02, 2023 09:15 PM IST

Oil companies breathe easy as global prices dip

PREMIUM
A fall in international crude prices has come at an opportune time with India’s retail inflation above the central bank’s upper tolerance limit of 6% for two consecutive months – January (6.52%) and February (6.44%).
Updated on Mar 21, 2023 02:58 PM IST

Centre to extend diesel, petrol export curbs to ensure domestic availability

India is the world's third-largest oil consumer. (HT PHOTO.)
Published on Mar 20, 2023 09:52 AM IST

Saudi Aramco’s 2022 net profit jumps to 46% as oil demand rises

Saudi Arabia has pledged to achieve net zero carbon emissions by 2060.
Published on Mar 12, 2023 01:56 PM IST

'No-go' area of 10 lakh sq km cut by 98%: PM bats for oil, gas exploration

PM Modi inaugurated the first edition of the India Energy Week 2023 in Bengaluru (ANI Photo)
Updated on Feb 06, 2023 06:44 PM IST

US Fed hikes rates: Oil prices rise, dollar slumps

A dealer counts US dollars at a money exchange market in Karachi. (File)
Published on Feb 02, 2023 07:28 AM IST

India's Russian oil imports highest ever, makes up for 25% of all oil import

Russian oil imports have boosted since the Ukraine war broke out.
Updated on Jan 15, 2023 03:44 PM IST

Windfall tax on crude, aviation fuel slashed

representative image
Published on Dec 16, 2022 09:08 AM IST

Russia remains India's top oil supplier for second month in a row in Nov: Report

Prime Minister Narendra Modi shakes hands with Russian President Vladimir Putin.
Published on Dec 11, 2022 03:48 PM IST

Russia will not sell oil subject to Western cap: Putin's aide

$60 price cap on Russian crude oil is Russian crude above the cap is an attempt to punish Putin for the Ukraine conflict.
Published on Dec 04, 2022 08:41 PM IST

OPEC+ group to keep production unchanged even after sanctions on Russian oil

An OPEC sign seen on the day of OPEC+ meeting that was scheduled to take place in Vienna.
Published on Dec 04, 2022 06:58 PM IST

Europe will live without Russian oil: Kremlin official on G7 nations' price cap

G7 countries enforced $60 price cap on Russian oil.
Published on Dec 03, 2022 08:44 PM IST

Zelenskiy's aide wants price cap on Russian oil lowered to $30 a barrel

The G7 and Australia have agreed a $60 per barrel price cap.
Published on Dec 03, 2022 02:51 PM IST

India to continue buying Russian oil: Report

Prime Minister Narendra Modi shakes hands with Russian President Vladimir Putin.
Published on Dec 02, 2022 10:21 PM IST

Explained: What will be the impact of EU's ban and price cap on Russian oil?

An oil tanker is moored at the Sheskharis complex, in Novorossiysk, Russia, one of the largest facilities for oil and petroleum products in southern Russia.
Updated on Dec 02, 2022 07:32 PM IST

Aramaco, Saudi oil giant, records $42.4B profit in third quarter

It put its profits so far in 2022 at $130.3 billion, compared to $77.6 billion in 2021
Published on Nov 01, 2022 03:07 PM IST

‘Moral duty to Indians’: Minister snubs CNN, defends purchase of Russian oil

Union petroleum and natural gas minister Hardeep Singh in an interview with CNN's Becky Anderson.
Published on Nov 01, 2022 02:15 PM IST

Oil prices continue to climb on strong crude demand, weaker dollar

Oil prices continue to climb on strong crude demand, weaker dollar
Published on Oct 27, 2022 08:49 AM IST

India slashes base import price of palm oil, gold: Report

India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold.
Published on Oct 03, 2022 07:27 AM IST

Blinken lauds PM's war remark, clears air on F16 sale to Pak in presser with EAM

EAM S Jaishankar and US Secretary of State Antony Blinken address a joint presser on Tuesday. (ANI)
Updated on Sep 27, 2022 11:08 PM IST

Russia to flood Asia with fuels as Europe ramps up sanctions

India and China took a combined 2.7 million barrels a day of Russian crude and products last month. 
Published on Sep 20, 2022 10:31 AM IST

What global energy agency said on oil production, demand: ‘For now, China…’

International Energy Agency: Crude futures have tumbled almost 25% over the past three months.
Published on Sep 14, 2022 03:38 PM IST

G7 finance chiefs agree on Russian oil price

Representational image.
Published on Sep 02, 2022 08:55 PM IST
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