Crude

Minister of petroleum and natural gas Dharmendra Pradhan has maintained that pricing of oil should be reasonable so that it gives some space to producer countries, too. (Photo: HT)

Strategic oil storage to be full by mid-May: Dharmendra Pradhan

1 min read . 09 May 2020

Strategic crude oil reserves, which are typically state-funded and meant to tackle emergency situations, allow a country to tide over short-term supply disruptions. (Reuters)

India’s strategic crude oil reserves to be full by mid-May: Dharmendra Pradhan

3 min read . 08 May 2020

Brent crude rises above $31 as Saudi Arabia hikes selling prices

1 min read . 07 May 2020

The SCF Provider crude oil tanker is anchored in the Pacific Ocean in this aerial photograph taken above Long Beach, California, U.S., (Bloomberg)

Oil gains as US inventories grow less than feared

1 min read . 07 May 2020

The SCF Provider crude oil tanker is anchored in the Pacific Ocean in this aerial photograph taken above Long Beach, California, U.S., on Friday, May 1, 2020. The volume of oil on vessels located just offshore the state peaked at 26 million barrels over the weekend, about a quarter of the world's daily consumption, before dropping to 22 million barrels on Monday, according to Paris-based Kpler SAS, which tracks tanker traffic. Photographer: Patrick T. Fallon/Bloomberg (Bloomberg)

Oil falls to $30 as supply glut counters lockdown easings

1 min read . 06 May 2020

Photo: Ramesh Pathania/Mint

Uttar Pradesh hikes VAT on petrol, diesel; 15th state to do so

2 min read . 06 May 2020

Taxes levied on fuel, such as excise duty, VAT, dealer commission, make retail prices nearly four times higher.

Taxes on petrol, diesel make you pay four times more. Here's how

1 min read . 06 May 2020

A photo of Bombay Stock Exchange.

Markets seen volatile, Asian shares mixed; oil prices extend gains

2 min read . 06 May 2020

Photo: S Kumar/Mint

Markets seen volatile; Asian shares rise on oil prices rally

2 min read . 05 May 2020

Russian oil output jumped to 11.35 million bpd in April, ahead of cuts

1 min read . 02 May 2020

Oil prices have slumped, hitting Gulf countries' economies hard. (Photo: Bloomberg)

India’s energy demand falls by 30% due to covid-19 lockdown

3 min read . 30 Apr 2020

(Photo: Bloomberg)

Oil majors, governments haggle over sharing pain of deepest cuts ever witnessed

3 min read . 28 Apr 2020

The Bombay Stock Exchange (BSE) building is seen in Mumbai, India. (REUTERS)

BSE brings negative price feature for commodity derivatives segment

2 min read . 28 Apr 2020

(Photo: Reuters)

Coronavirus impact: US oil plunges 25%, Brent falls below $20 a barrel

2 min read . 28 Apr 2020

Enbridge Inc. oil storage tanks are seen in Hardisty, Alberta, Canada (Photo: Bloomberg)

Whether OPEC+ formally agrees or not, deeper oil cuts now look inevitable

3 min read . 23 Apr 2020

Why oil dropped below zero: Covid, geopolitics & your wallet | Money With Monika

22 Apr 2020

Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., as the sun sets in Tuapse, Russia, on Sunday, March 22, 2020. Major oil currencies have fallen much more this month following the plunge in Brent crude prices to less than�$30 a barrel, with Russia�s ruble down by 15%. Photographer: Andrey Rudakov/Bloomberg (Bloomberg)

Brent crude rises after coronavirus drags it to lowest since 1999

2 min read . 22 Apr 2020

(Photo: Reuters)

Stocks claw higher on Wall Street as oil prices regain ground

2 min read . 22 Apr 2020

By the end of next month, the country would have moved about 19 million barrels of oil into three reserves. (Reuters)

India misses a trick due to lack of oil storage capacity

3 min read . 21 Apr 2020

Crude fiasco at MCX has brokers staring at a loss of ₹435 crore

2 min read . 21 Apr 2020

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