NEW YORK (Reuters) – Oil rates rose more than 2% on Tuesday, supported by expected source disruptions from a hurricane approaching the Gulf of Mexico
Tag: Oil
Pradhan hints at new gas policy, says low oil prices no answer
With current pricing formula making natural gas production economically unviable, Oil Minister Dharmendra Pradhan on Friday hinted at bringing in a new gas policy as
West Bengal becomes fastest growing market for Dhara edible oil amid lockdown
KOLKATA: West Bengal has emerged as the fastest growing market for Dhara as the leading edible oil brand was able to sustain supplies and thereby
India stockpiles low-cost oil, fills 32 million tonnes of commercial storage
NEW DELHI: Indian refiners have stored about 32 million tonnes of oil in tanks, pipelines and on ships, taking advantage of low oil prices to
Amid pandemic, oil woes, Saudi Arabia eyes further reforms
WASHINGTON : A beleaguered Saudi Arabia is taking modest steps to improve its human rights record as it tries to navigate the coronavirus pandemic and
India’s crude oil import bill fell 9% to $102 billion in 2019-20
NEW DELHI: India’s crude oil import bill fell 9% to $102 billion in 2019-20 though volume remained little changed as prices crashed towards the end
Govt simplifies oil, gas block processes; provides for self-certification, deemed approval
New Delhi: In perhaps the most far-reaching easing of rules, the government has simplified procedures for oil and gas exploration and production by providing for
Price crash brings no relief: Oil cos keep fuel prices unchanged for 40 days
NEW DELHI: This is one reform initiative of the government that has not yielded the desired results on ground. A collapse in global crude oil
ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating cost
State-owned ONGC has asked the government to waive payment of oil cess and royalty as plummeting international oil prices have meant that the rate it
Edible oil industry wants import of refined palm oil to be restricted
NEW DELHI: The government should not issue licenses for import of refined palm oil to companies to protect local refiners and oilseed growers, said edible
