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FILE PHOTO: India leveraged the depressed prices and lack of demand on account of the coronavirus pandemic to make this saving and filled its existing storage capacity (REUTERS)

India bought crude oil at $19 a barrel to fill its strategic reserves

2 min read . 21 Sep 2020

Post negative oil prices, Sebi steps up risk management for asset classes

1 min read . 21 Sep 2020

US drillers added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday. Photo: Reuters

IEA says oil demand recovery set to slow for rest of 2020

1 min read . 15 Sep 2020

Oil & Gas pump jack is seen near Granum, Alberta, Canada (REUTERS)

Oil prices edge up off three-month lows, but demand concerns persist

2 min read . 10 Sep 2020

(Photo: Reuters)

Brent crude falls nearly 6% on Saudi price cut, Covid flare-ups

1 min read . 08 Sep 2020

FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo (REUTERS)

IEA sees oil market stuck between no major slowdown but stalled recovery

1 min read . 07 Sep 2020

Dust blows around a crude oil pump jack and flare burning excess gas at a drill pad in the Permian Basin in Loving County, Texas, U.S. (REUTERS)

Oil drops more than $1 after Saudi Arabia price cuts, demand optimism fades

1 min read . 07 Sep 2020

Photo: Priyanka Parashar/Mint

Indian Oil's crude carrier catches fire off Colombo: report

1 min read . 03 Sep 2020

US drillers added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday. Photo: Reuters

Oil edges lower on rising virus cases, US-China tensions

1 min read . 17 Aug 2020

With the coronavirus crisis also hastening a global shift to cleaner energy, fossil fuels will likely be cheaper than expected in the coming decades (REUTERS)

Oil companies wonder if it’s worth looking for oil anymore

5 min read . 16 Aug 2020

FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S (REUTERS)

Oil rises after surprise drop in US inventories offsets demand concerns

1 min read . 29 Jul 2020

Oil prices fell on Wednesday as industry data showed a bigger- than-expected inventory build in the United States where coronavirus cases continue to climb. (REUTERS)

Oil prices fall on U.S. inventory build, increasing pandemic fears

2 min read . 22 Jul 2020

While China will never compete with the likes of Saudi Arabia as a supplier in the long run, the trickle of crude out of the world’s No. 1 importer underscores how fragile oil’s recovery remains. (REUTERS)

OPEC has new competitor as China ships oil from swelling storage

2 min read . 20 Jul 2020

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US. (REUTERS)

India to store crude oil in US

4 min read . 19 Jul 2020

The proposal was discussed at the India-US strategic energy partnership ministerial co-chaired by Dharmendra Pradhan (Mint)

India may store crude oil in US' strategic petroleum reserves

2 min read . 17 Jul 2020

OPEC and allies to ease cuts, allow more oil production

3 min read . 16 Jul 2020

OPEC readies next move in bid to avoid oil taper tantrum

4 min read . 13 Jul 2020

(Photo: Reuters)

Coronavirus still ‘casting a shadow over outlook’: IEA on oil demand recovery

2 min read . 10 Jul 2020

A crude oil pump jack in the Permian Basin in Loving County, Texas (REUTERS)

Oil prices idle as coronavirus spike fears offset signs of recovery

1 min read . 09 Jul 2020

Photo: Bloomberg

Like the wine industry, the oil market has its own vintages

4 min read . 07 Jul 2020

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