Oil price

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas. (REUTERS)

Oil prices jump as demand shows signs of picking up

2 min read . 16 May 2020

The base price of petrol as of 1 March was ₹32.61 a litre

Crude is cheaper, why isn’t petrol? It’s the tax trick

2 min read . 06 May 2020

A file photo of an oil well near North Dakota, US. Photo: AFP

Oil posts double-digit gains after US crude storage build slows

2 min read . 30 Apr 2020

FILE PHOTO: A flare burns off excess gas from a gas plant in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo (REUTERS)

Oil rebounds, but gains capped by virus worries

1 min read . 29 Apr 2020

Global storage onshore was estimated to be about 85% full as of last week, according to data from consultancy Kpler

Oil moves mixed on easing lockdowns, looming storage shortage

2 min read . 28 Apr 2020

A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US (REUTERS)

The next chapter of the oil crisis: The industry shuts down

5 min read . 26 Apr 2020

Photo: Ramesh Pathania/Mint

Oil price drop brings a glimmer of hope for India’s airlines

3 min read . 21 Apr 2020

Oil traders are storing crude in the expectation that they can get a higher price later (Reuters)

Care to store some oil?

3 min read . 21 Apr 2020

While motorists won’t be paid to fill up their tanks and the new front-month contract is trading normally, there was a dual breakdown Monday (Reuters)

Less than zero: What oil’s crazy day means

2 min read . 21 Apr 2020

FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo (REUTERS)

US crude futures plunge to lowest on record on scant storage, weak demand

1 min read . 20 Apr 2020

FILE - In this April 7, 2020, file photo President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. (AP Photo/Alex Brandon, File) (AP)

Donald Trump says global oil production cut should help industry recover

1 min read . 13 Apr 2020

Union Minister for Petroleum & Natural Gas Dharmendra Pradhan (File photo: PTI)

Amid Opec+ production cut, India pitches for affordable oil prices

3 min read . 10 Apr 2020

Photo: Bloomberg

Opec+ deal to cut production fails to cheer up oil markets

1 min read . 10 Apr 2020

Shares of cement firms reflect the change in business conditions, declining sharply along with the broader market. (Pradeep Gaur/Mint)

Demand on shaky ground but lower crude softens blow for cement firms

2 min read . 06 Apr 2020

The benchmark Singapore gross refining margin (GRM) is estimated to have averaged only $1.20 a barrel up to 27 March in the quarter, compared to $1.70 per barrel in the December quarter. (REUTERS)

For oil refiners, things have gone from bad to worse in March quarter

2 min read . 03 Apr 2020

West Texas Intermediate prices to surge by as much as 35% while Brent gained as much as 47%

Oil rockets over 30% after Trump says Saudi, Russia to cut supply

2 min read . 02 Apr 2020

FILE PHOTO: The sun sets behind the chimneys of the Total Grandpuits oil refinery southeast of Paris, France, (REUTERS)

Oil prices rebound, but languish near 18-year lows

1 min read . 31 Mar 2020

Prices have fallen to multi-year lows in recent weeks as lockdowns and travel restrictions to fight the virus hit demand (Photo: Bloomberg)

Coronavirus: Oil prices fall as US economic package crashes

1 min read . 23 Mar 2020

The international oil benchmark hit a low of $28.03 a barrel, far below the highs of $147 a barrel touched in July 2008. (Bloomberg)

Oil prices in a tailspin, Brent slips below $30 per barrel

2 min read . 17 Mar 2020

Oil’s biggest crash in a generation has silver lining for miners

3 min read . 12 Mar 2020

×

My Reads Logout