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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.(Representational Image/Unsplash)

Published on Oct 03, 2024 01:10 pm IST

Despite climate goals US oil boom shows, ‘World wants for more energy, not less’

FILE PHOTO: Oil pumps are seen, as oil and gas activity dips in the Eagle Ford Shale oil field due to the coronavirus disease (COVID-19) pandemic and the drop in demand for oil globally, in Karnes County, Texas, U.S., May 18, 2020. Picture taken May 18, 2020. REUTERS/Jennifer Hiller/File Photo(REUTERS)

Published on Dec 20, 2023 11:08 pm IST

Morning brief: Saudi, Russia plan to cut oil production. Will it impact India?

People walk by an oil refinery operated by Bharat Petroleum Corp. Ltd., in Mumbai, India.(Bloomberg)

Published on Apr 12, 2023 08:57 am IST

OPEC+ silence has oil market second-guessing next supply move

While OPEC+ is still widely expected to revive some of the 7 million barrels a day they’ve idled, a preliminary meeting of ministers earlier in the day didn’t get into specifics.(REUTERS)

Published on Mar 04, 2021 06:17 am IST

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