oil market
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March 02, 2021, Tuesday
OPEC president says oil market rebalancing, pandemic still a risk
OPEC and other key exporters such as Russia, a grouping dubbed OPEC+, meet on Thursday and are expected to discuss allowing as ...
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March 02, 2021, Tuesday
Oil extends losses on worry over possible supply increase from OPEC
The group meets on Thursday and could discuss allowing as much as 1.5 million barrels per day (bpd) of crude back into the market
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February 26, 2021, Friday
Oil mixed, US crude hits highest since 2019 as refineries restart
Brent futures for April delivery fell 16 cents, or 0.2%, to settle at $66.88 a barrel. The April Brent contract expires on Friday
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February 25, 2021, Thursday
Oil prices hovers near 13-month highs as storm hits US production
Both contracts touched their highest since Jan. 8, 2020, earlier in the session with Brent at $67.49 and WTI at $63.67. The April ...
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February 14, 2021, Sunday
ONGC takes leaf out of Reliance's book, floats subsidiary to buy own gas
ONGC may use the new subsidiary to buy any new gas that the firm produces from fields such as KG-D5 in the Krishna Godavari ...
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February 12, 2021, Friday
Petrol crosses Rs 88-mark to hit record high in Delhi, diesel at Rs 78.38
Petrol prices in Mumbai stood at Rs 94.64 on Tuesday as compared with Rs 94.36 yesterday. One litre of diesel will cost Rs 85.32 ...
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February 09, 2021, Tuesday
Stocks, oil rise in Asia after US records as Bitcoin pauses for breath
Oil also hit 13-month highs, helped by rising optimism about a return in fuel demand
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February 02, 2021, Tuesday
Oil prices rise by 1% as producers commit to slashing fuel output
Brent crude was up 51 cents, or 0.9%, at $56.86 a barrel by 0134 GMT, while U.S. oil gained 53 cents, or 1%, to $54.08 a barrel
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January 29, 2021, Friday
Oil industry seeks alliance with Farm Belt to fight Biden's EV agenda
While the oil industry and biofuels producers are natural competitors for space in America's gas tanks, they share a desire to ...
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January 27, 2021, Wednesday
Oil rises as US oil stockpiles drop as Covid-19 cases decline in China
U.S. West Texas Intermediate (WTI) crude futures rose 10 cents, or 0.2%, to $52.71 a barrel at 0229 GMT, reversing some of ...