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Trump says Saudi Arabia's one move would end Russia-Ukraine war ‘immediately'

US President Donald Trump is seen on a large screen during his address by video conference at the World Economic Forum (WEF) annual meeting in Davos.
world news
Updated on Jan 24, 2025 01:48 PM IST

Saudi Arabia cuts oil prices for Asia amid weak demand: Report

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.
business
Published on Dec 09, 2024 01:12 PM IST

Why oil prices are not rising despite the war in West Asia

PREMIUM
Petrol. (Representational image)
international affairs
Published on Dec 06, 2024 03:27 PM IST

‘India did world a favour by buying Russian oil because…’: Minister Hardeep Puri

Union minister of petroleum and natural gas Hardeep Singh Puri.
india news
Updated on Nov 08, 2024 08:02 AM IST

Dollar dips as polls show Harris-Trump race on knife’s edge

This combination of file photos shows Republican presidential nominee former President Donald Trump, left, speaking at a campaign rally, Oct. 18, 2024, in Detroit, and Democratic presidential nominee Vice President Kamala Harris, right, speaking at a campaign rally in Green Bay, Wis., Oct. 17, 2024. (AP Photo)
world news
Published on Nov 04, 2024 12:11 PM IST

Oil prices fall 3% as concerns ease on potential Iran supply disruption

Brent crude and West Texas Intermediate futures fell 3% as Israel's non-targeting of Iranian oil eased supply fears. OPEC's lowered demand growth forecasts for 2024 and 2025 contributed to this decline, alongside reduced crude shipments to China and deflationary pressures.
business
Published on Oct 15, 2024 08:04 AM IST

Oil prices at 3-week low as prospect of additional supply offset Mideast fears

Smoke billows near a village in southern Lebanon after an Israeli air strike, amid cross-border hostilities between Hezbollah and Israel, as seen from northern Israel.
business
Published on Oct 01, 2024 03:41 PM IST

Petrol, diesel prices to be cut soon? What Oil Secretary said on likely decision

Oil Secretary Pankaj Jain indicated that petrol and diesel prices could be lowered if global crude rates stay low. With Brent crude recently dropping below $70 per barrel, state-run fuel companies are considering reducing prices to align with favorable market conditions.
business
Updated on Sep 13, 2024 08:21 AM IST

Oil claws back some losses after Israel retaliates against Hezbollah

Oil claws back some losses after Israel retaliates against Hezbollah
world news
Published on Jul 31, 2024 06:18 AM IST

OPEC still sees strengthening oil demand in emerging markets, plans supply hike

Representational
business
Published on Jun 11, 2024 07:59 PM IST

Saudi Arabia Needs Oil Price Near $100, IMF Says

Saudi Arabia Needs Oil Price Near $100, IMF Says
business
Published on Apr 19, 2024 11:22 AM 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.
india news
Published on Apr 12, 2023 08:57 AM IST

Saudi's plan to cut oil production will put burden on India: Energy body

IEA director Fatih Birol
india news
Updated on Apr 12, 2023 08:25 AM IST

How markets behaved in India over 2022-23

The Bombay Stock Exchange in Mumbai. (Bloomberg Photo)
business
Updated on Apr 07, 2023 03:38 PM IST

Oil markets going through 'great fluctuations': OPEC secretary general

Oil markets are going through a stage of great fluctuations, OPEC secretary general Haitham Al Ghais said.
business
Published on Oct 16, 2022 05:51 PM IST

US says Saudi forced OPEC nations into oil cut amid escalating war of words

The United States presented Saudi Arabia with an analysis showing there was no market basis to lower oil production before the OPEC decision to cut output.
world news
Published on Oct 14, 2022 02:15 PM IST

India asks OPEC to restore oil supply to calm inflation

Due to a spike in international oil rates, petrol and diesel have become costlier by ₹7.36 and ₹7.57 per litre, respectively, since May 4.
india news
Updated on Jun 25, 2021 06:09 AM IST

India looks at non-Opec options to tame oil prices

India is witnessing a spike in auto fuel rates due to rising international oil prices.. (AP Photo/Eric Gay, File)
business
Published on Jun 21, 2021 07:08 AM IST

‘Want oil firms to synergise imports for better prices’ says Tarun Kapoor

Benchmark Brent crude, which fell to $19.33 a barrel on April 21, 2020, gradually rose to over $50 per barrel in early 2021
business
Published on Jun 19, 2021 05:59 AM IST

India looks to counter OPEC+ with new links

India imports more than 80% crude it processes and in 2019-20 it imported 227 million tonnes of crude oil worth over $101 billion.
business
Published on Apr 06, 2021 02:55 AM IST

Brent crude floats near $70 on demand recovery anticipation

Investors are expecting China to release positive economic data on Monday, supporting forecasts of stronger growth at the world's second largest oil consumer.
business
Published on Mar 15, 2021 07:12 AM IST

Yamani, the Saudi oil minister who brought the West to its knees

Known for his elegant manner and trademark goatee beard, Yamani's 24-year tenure running the oil affairs of the world's biggest crude producer made him a global celebrity during the inflationary "oil shocks" of the 1970s.
world news
Published on Feb 23, 2021 02:42 PM IST

Iran starts ramping up oil production to pre-sanctions levels

The oil market will be able to accommodate Iran’s maximum oil output of around 3.9 million to 4 million barrels a day.
business
Published on Jan 22, 2021 04:47 PM IST
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