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US crude inventories climb to highest level in 83 years
Wed, Apr 23 2014. 11 24 PM

US crude inventories climb to highest level in 83 years

Production climbs to the most in 26 years
Japan trade deficit quadruples on-year to $14 billion
Mon, Apr 21 2014. 09 00 AM

Japan trade deficit quadruples on-year to $14 billion

Imports rise a much faster 18.1% due to higher imports of crude oil and liquefied natural gas; exports jump 1.8%
ONGC Videsh’s crude oil output jumps 26% in 2013-14
Sun, Apr 20 2014. 11 06 PM

ONGC Videsh’s crude oil output jumps 26% in 2013-14

OVL produced 5.491 mt of crude oil from assets in over 16 countries in 2013-14 as against 4.341 mt in the previous year
Marginal rise in RIL net profit expected in March quarter
Fri, Apr 18 2014. 01 16 AM

Marginal rise in RIL net profit expected in March quarter

Weaker petchem margins, lower crude volumes likely to offset earnings from higher refining margins, gas production
Brent holds near $110 on Ukraine, WTI up despite stock spike
Thu, Apr 17 2014. 12 23 PM

Brent holds near $110 on Ukraine, WTI up despite stock spike

US oil for delivery in May rose 45 cents to $104.21 per barrel; the contract also touched a 6-week high of $104.99 in the previous session
The March quarter earnings outlook for oil and gas companies
Wed, Apr 09 2014. 12 59 AM

The March quarter earnings outlook for oil and gas companies

Profitability of the state-run OMCs will as usual depend on compensation from the govt and upstream oil companies
OVL plans to raise $500-700 million to fund Mozambique acquisition
Sun, Apr 06 2014. 09 52 PM

OVL plans to raise $500-700 million to fund Mozambique acquisition

ONGC Videsh to raise loan by pledging future crude oil production from its overseas assets
Petrol price cut by 75 paise a litre; diesel hike put off
Mon, Mar 31 2014. 09 45 PM

Petrol price cut by 75 paise a litre; diesel hike put off

State-owned oil firms will not raise diesel prices by the monthly 50 paise a litre as the loss on the fuel has dipped below the threshold of Rs6 a litre
Global stocks rise on China remarks, bond yields fall in Europe
Fri, Mar 28 2014. 09 52 PM

Global stocks rise on China remarks, bond yields fall in Europe

Brent crude rose above $108 a barrel, heading for the first weekly rise in five, on the US data
Brent oil rises above $107 on Nigerian supply cut
Wed, Mar 26 2014. 03 36 PM

Brent oil rises above $107 on Nigerian supply cut

Brent for May delivery rose 25 cents to $107.24 by 0907 GMT, after closing up 18 cents in the previous session

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