barrel

The price of a barrel of oil fell to its lowest level since February on Thursday, as investors respond to growing fears that a looming recession will drastically reduce demand for energy.A barrel of West Texas Intermediate was changing…

Oil prices continued to fall on Thursday, with U.S. oil futures dipping below $90 dollars a barrel for the first time since the war in Ukraine began, as concerns about a slowing global economy worried investors.Just two months ago, oil…

Oil prices edged higher in a choppy session after closing at the lowest level in more than five months, as traders counted down to an OPEC+ meeting on supply amid signs that physical markets have eased in recent weeks.West Texas…

<!-- -->Oil prices fall below $100 per barrel on global recession fearsOil prices fell below $100 per barrel in early Asian trading on Wednesday as US inventory data showed buildups in crude oil and refined products amid rising fears…

<!-- -->India to drop windfall tax if oil prices fall by $40 a barrelNEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from…

<!-- -->Windfall tax: $12 per barrel margin hit for RelianceNew Delhi: The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per…

NEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels, revenue secretary Tarun Bajajtold Reuters on Monday. The…

New Delhi: The basket of crude oil that India buys has hit a decade high of USD 121 per barrel, but retail selling prices of petrol and diesel continue to remain frozen. The Indian basket on June 9 touched USD 121.28, matching levels seen…

The body found in a barrel at the bottom of Nevada’s drought-stricken Lake Mead is that of a man who was shot to death, police confirmed Tuesday. Homicide Lt. Ray Spencer told the Las Vegas Review-Journal that, based on the shoes that…

A harrowing discovery has been made at Nevada’s Lake Mead over the weekend, as drought depletes one of the largest U.S. reservoirs. Boaters on the lake spotted an old rusted barrel on Sunday afternoon. National Park Service rangers,…