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Crude
CRUDE NEWS
Crude oil falls $4.57 as geopolitical risk fades from focus, earnings beat sentiment
May 06, 2026 1:12 pm
Brent crude for July delivery dropped $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, after falling 4% in the previous session.
Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt
April 05, 2026 1:34 am
This is the first official confirmation from the government that India is buying Iranian crude, following the sanctions waiver for Iranian oil on water announced by the US last month.
Fourth hike this year, LPG to now cost Rs 1,053 per cylinder
July 06, 2022 4:38 pm
State-owned refiners have raised the prices of the cooking gas 13 times since 2021.
Indian Oil Corporation buys Russian crude at deep discount
March 17, 2022 11:37 am
The purchase, made through a trader, is the first since Russia's February 24 invasion of Ukraine that brought international pressure for isolating Putin administration.
Oil prices dive as Saudi Arabia takes aim at Russian production
March 09, 2020 1:43 pm
Saudi Arabia is the world’s largest oil exporter and has been producing about 9.7 million barrels a day, well under its roughly 12 million-barrel-a-day capacity. Falling prices are a huge problem for Saudi Arabia and other oil-dependent nations.
Falling crude, LNG, coal prices huge positives for India: Crisil
August 21, 2014 11:51 pm
Between fiscals 2009 and 2014, India's energy import bill surged at an average 14 per cent annually.
Veerappa Moily hints at petrol price reduction by the end of September
September 27, 2013 2:55 pm
Depreciating rupee and upward surge of international crude price had contributed to oil rate hikes.
Iran releases Indian oil tanker
September 08, 2013 12:54 am
The vessel,which can carry 1,40,000 tonnes of crude,was detained by Iranian Revolutionary Guards Corps in the Persian Gulf.
Reliance crude imports dip
April 23, 2010 3:43 pm
Monthly African crude imports fell 36 pct to 104,500 bpd; imports from Latin America halved,Middle East up 3 pct.
Iran says oil prices expected to rise by Jan
August 03, 2009 12:46 am
Iran's OPEC governor said crude prices were expected to reach $80 a barrel by January,the oil ministry website,SHANA,reported on Sunday.
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