Page 2 - Oil Crisis

Oil prices edge up on Russia-Ukraine tension; Fed, EIA data eyed

Oil prices hit seven-year high last week on worries that supplies could tighten due to Ukraine-Russia tensions

Syria blames US sanctions on Iran for severe fuel crisis paralysing country

The minister, Bassam Tomeh told state TV in an interview aired late Wednesday that oil supplies have been delayed because of the situation

Govt plans another excise hike on petroleum products to offset revenue loss

No immediate hike, marginal increase likely to be implemented only after lockdown is lifted

Letter to BS: Trade tensions, oil crisis likely to hit Indian markets

The Indian economy is more capitalist oriented and invites foreign investment into the same

Modi urges global oil majors to review payment terms to give rupee relief

India, which imports more than 80% of its oil has been under pressure as crude oil prices have surged and its rupee currency has lost value

Fuel price rise: PM Modi holds review meeting with Jaitley, Pradhan

The meeting assumes significance as the US sanction against Iran kicks-in on November 4