Petrol, diesel prices go up again. Here’s how to check rates
State-run oil advertising firms (OMCs) raised the costs of petrol and diesel on Tuesday for the 17th day in a row, taking the charges of the 2 auto fuels to … Read More
Tag: Oil prices
Covid: OPEC gets chance to gain upper hand in long battle with shale production
Once the worldwide oil market emerges from the coronavirus disaster, it could be greeted by a shocking change: better dependence on crude from OPEC. For the time being, the Organization … Read More
Saudi Arabia makes biggest oil price hike in 20 years after OPEC+ extends cuts
Saudi Arabia made among the largest worth will increase for crude exports in at the least 20 years, doubling down on its technique to bolster the oil market after OPEC+ … Read More
OPEC, Russia extend record oil cuts to end of July
OPEC, Russia and allies agreed on Saturday to increase file oil manufacturing cuts till the tip of July, prolonging a deal that has helped crude costs double previously two months … Read More
Cooking gas price hiked by Rs11.50 per cylinder as India starts to lose advantage of low oil prices
India is shedding the benefit of considerably low worldwide oil costs as its value of crude imports in rupee phrases has surged 69% in simply two months, forcing state-run corporations … Read More
Chevron’s investors defy Board in demanding climate disclosures
In a uncommon transfer towards Chevron Corp.’s board, shareholders of the US oil big are calling on the corporate to reveal lobbying efforts and be sure that they help worldwide … Read More
Oil declines as Russia plans to ease supply cuts in July
(Bloomberg) — Oil declined following a report that Russia was planning to begin scaling again output curbs from July, and as tensions between the US and China proceed to simmer. … Read More
Oil Dips as US-China tensions add to nerves on global economy
Oil edged decrease as an escalating disagreement between the US and China added to warning over the prospects for a worldwide restoration in demand. Futures in New York misplaced 0.4% … Read More
Oil prices climb as US stock drawdown eases supply glut fears
Oil costs edged increased on Thursday after knowledge confirmed US crude inventories fell once more, easing concern a couple of provide glut, although lingering fears over the worldwide financial fallout … Read More
Oil rally stalls with Federal Reserve warning countering production cuts
Oil steadied after a four-day acquire as traders weighed indicators the market is rebalancing towards what’s nonetheless a precarious financial outlook. Futures in New York for July supply have been … Read More