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Price Of Crude Oil News

Oil prices cross $100 as middle east conflict sparks global supply fears

Oil prices crossed $100 as Middle East tensions, Houthi attacks, and Red Sea shipping risks raised fears of global supply disruption (Pexel/Representative image)

Updated 2 days ago

US gas prices top $4 again as US-Iran conflict disrupts Hormuz

US gas prices top $4 per gallon as the US-Iran conflict disrupts Strait of Hormuz oil flows. (Pexel/Representative image)

Updated 5 days ago

US is the world's top oil producer. So why are gas prices still high? Explained

The US is the world's top oil producer and consumer. (Pexel/Representative image)

Published 11 days ago

Crude oil price today: US-Iran war puts pressure on global energy, check rates

Earlier, US President Trump declared the return of a US naval blockade on Iranian ports.

Published 11 days ago

Why oil prices are surging explained: US-Iran tensions spark global supply fears

Oil prices surge after fresh US-Iran tensions (Pexel/Representative image)

Updated 17 days ago

Why US gasoline may not return to $3 anytime soon, explained

US gasoline prices are falling after the Iran peace deal, but $3 gas may not return soon. (Pexel/Representative images)

Published 22 days ago

Doubled in months: K'taka hoteliers seek LPG price rollback amid crude rate fall

India has removed restrictions on supplies of commercial liquified petroleum gas imposed during the Middle East war when energy supplies were hit by the closure of the Strait of Hormuz.

Updated 28 days ago

Airlines may need to review surcharges, additional prices if crude stabilises

The Union government may ask airlines to review surge charges and additional fares if fuel prices remain stable over a longer period, Civil Aviation Minister K Ram Mohan Naidu said on Thursday.

Published 30 days ago

US extends sanctions waiver on Russian seaborne oil: What it means for India

Trump’s Second U-Turn In 24 Hours? US Extends Russian Oil Waiver After Letting It Lapse |Iran,Hormuz

Updated 67 days ago

Oil rises as investors track Iran war developments after Trump holds off attack

US equity indices gyrated between positive and negative territory, ending the day mixed.

Published 68 days ago

Fuel retailers losing Rs20/litre on petrol, Rs100 on diesel as Iran war drags on

A petrol pump attendant picks up a nozzle to refuel a vehicle at an Indian Oil fuel station

Published 92 days ago

Water, not just oil, big target in US-Iran war: Desalination plants face attacks

Water, not just oil, big target in US-Iran war: Desalination plants face attacks

Updated 139 days ago

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 478 days ago

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 502 days ago

Government scraps windfall tax on petrol, diesel, and ATF exports

Windfall tax is a special tax on domestic crude oil production which aims to capture revenue from the windfall gains of oil producers

Published 600 days ago

India reduces import of Russian crude oil over pricing

The development has coincided with reports of more than a dozen Russian tankers being diverted from India since December.

Updated 925 days ago

Govt cuts windfall profit tax on crude oil, hikes levy on export of diesel, ATF

Representational image.

Published 1362 days ago

Retail prices of petrol, diesel may not be cut due to volatile oil market

As per the usual practice, the windfall profit tax on petroleum that was imposed on July 1, is revised fortnightly. (Ramesh Pathania)

Published 1414 days ago

Relief to refiners: Crude oil import price falls below $100 in Aug 1st week

The three state-run firms that control over 90% domestic fuel trade have suspended their daily pricing policy and frozen pump prices of petrol and diesel since April 7 amid rising inflation. (REUTERS/Richard Carson/File Photo)

Published 1448 days ago

Oil falls below $100 a barrel as Russia-Ukraine de-escalation talks progress

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, US.

Published 1579 days ago

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