New Delhi, Dec 15
Crude oil futures fell 0.32 per cent to Rs 3,669 per barrel today as traders trimmed their positions amid a weak trend in Asian trade where it sank to a fresh five-year low.At the Multi Com...
New Delhi, Dec 13
Oil and Natural Gas Corp (ONGC) approved a 100 per cent interim dividend of Rs 5 on each share of the equivalent amount. The total payout on this account will be Rs 4,277.75 crore of which the Gov...
Beijing, Dec 12
Brent crude continued its march downwards on Friday and dropped to a 5-1/2-year low of $63 a barrel, bringing this week’s losses to more than 8 per cent amid persistent concerns over a supply glut...
New Delhi, Dec 11
Crude oil futures recovered by 0.65 per cent to Rs 3,876 per barrel today as speculators created positions on the back of rebound in the Asian region.At the Multi Commodity Exchange, crude...
Beijing, Dec 10
Brent crude fell more than $1 on Wednesday, resuming its fall caused by a glut of oil in the market after a short-lived reprieve the previous day when a weaker dollar had provided some support.
WELLINGTON, Dec 9
New Zealand awarded 15 oil and gas exploration licences on Tuesday, with U.S. giant Chevron and India's ONGC Videsh joining the hunt in the South Pacific country for the first time.
New Delhi, Dec 8
Crude oil futures fell 1.84 per cent to Rs 4,044 per barrel today amid a weak trend in Asian market.At the Multi Commodity Exchange, crude oil for delivery in December fell Rs 76 or 1.84 pe...
Singapore, Dec 5
Brent crude slipped below $70 a barrel on Friday and was set for a second weekly fall, with Saudi Arabia cutting prices in another indication it would maintain output in an oversupplied market.
New Delhi, Dec 16
Continuing its slide, crude oil futures declined by another 1.78 per cent to Rs 3,534 per barrel today in line with a weak trend in Asian trade.At the Multi Commodity Exchange, crude oil fo...
Singapore, Dec 15
Oil prices bounced back more than a dollar on Monday, after hitting 5-1/2-year lows of $60.28 earlier in the session, as traders began pricing in expectations of improving manufacturing data to be...
New Delhi, Dec 12
Crude oil futures plunged 2.57 per cent to Rs 3,718 per barrel today as participants indulged in offloading their positions amid a weak trend in Asian trade where it sank below the psychological $...
KUALA LUMPUR, Dec 11
Petroliam Nasional Bhd (Petronas), Malaysia's state oil company, said it is ready to divest certain assets in Africa if growth prospects are limited.
"We are looking at where we can...
Beijing, Dec 11
Brent crude ticked higher on Thursday but remained below $65 per barrel, and not far above five-year lows hit in the previous session, with the market’s bearish tone largely intact. Comm...
New Delhi, Dec 9
Crude oil futures fell 1.22 per cent to Rs 3,885 per barrel today as speculators engaged in reducing their exposures amid a weak trend in Asian trade where it tumbled to fresh five-year lows owing...
Beijing, Dec 9
Brent crude oil hit a fresh five-year low on Tuesday before steadying near $66 a barrel as some cautious buying emerged following a 43 per cent price slide since June.
Fast-growing US sha...
New Delhi, Dec 5
Crude oil futures declined by 0.34 per cent to Rs 4,122 per barrel today in line with a weak trend in Asian trade.At the Multi Commodity Exchange, crude oil for delivery in current month sh...
Singapore, Dec 4
Oil prices rose in Asia today after a dip in US crude stockpiles raised optimism about energy demand in the world’s top crude consumer during the winter season, analysts said.