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international oil prices
INTERNATIONAL OIL PRICES NEWS
Oil jumps 7percent after Trump warns of fresh Iran strikes; petrol prices fluctuate in India
April 02, 2026 10:12 pm
After recording its lowest at 95.21 Indian Rupee climbed up by 2 percent to 92.8350 against the US dollar.
Iran war: As oil prices soar, why US is considering pausing a century-old maritime rule
March 13, 2026 2:04 pm
Jones Act requires all cargo ships in America to be carried aboard vessels that are US-built, US-flagged and US-owned.
India expects Trump’s return to White House to improve oil availability, ease international oil prices
November 14, 2024 8:55 pm
For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement of the commodity, higher oil availability and the consequent downward pressure on international oil prices would be generally beneficial.
The unequal impact of oil price shock
April 07, 2022 9:06 am
Pranjul Bhandari writes: If oil prices remain elevated, it could drag growth down, raise inflation, and widen the twin fiscal and current account deficits.
US, Venezuela discuss easing sanctions, make little progress: Report
March 08, 2022 8:41 am
Both sides used Saturday's meeting in Caracas to present what one of the sources described as "maximalist" demands, reflecting longtime tensions between the Western Hemisphere's main power and one of its biggest ideological foes.
Oil rises after bigger-than-expected drop in inventories
August 12, 2020 1:28 pm
Brent crude was up 52 cents, or 1.2%, at $45.02 a barrel by 0648 GMT, after falling around 1% on Tuesday. West Texas Intermediate oil was up 49 cents, or 1.2%, at $42.10 a barrel, having dropped 0.8% in the previous session.
Non-domestic LPG price cut by Rs 107; Diesel hiked by 50 paise
January 31, 2014 8:22 pm
Officials said there will be no change in petrol rates as current price of Rs 72.43 a litre in Delhi was almost in line with the cost.
Need to rationalise petroleum prices: Prime Minister
April 28, 2012 12:27 pm
He says spiralling prices of crude in international markets have put a serious strain on economy.
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