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brent crude price
Oil prices extend drop as recession fears cloud global demand outlook
Brent crude futures fell 71 cents to $99.98 a barrel by 0013 GMT. WTI crude futures fell 62 cents to $97.91 a barrel. The declines follow a dramatic fall on Tuesday.
Oil prices slipped in early Asian trade on Thursday, after hitting a…
Govt Hikes Export Duty on Petrol, Diesel; Will It Impact Domestic Fuel Prices?
In order to regulate prices and maintain the stock of petroleum products in the domestic market, the government of India has today increased the export duty on petrol, diesel, and ATF. Export duty on petrol has been raised by Rs 5 per litre…
ONGC, Chennai Petro, RIL Shares Skid Up To 13% As Govt Slaps Duties on Petrol, Diesel, Crude
Shares of oil refining and marketing companies slipped on Friday after the government slapped an export tax on petrol, diesel and aviation turbine fuel (ATF), and imposed a windfall tax on crude oil produced locally. The government has…
Amid Surging Crude And Food Prices, Retail Inflation Data Expected Today
<!-- -->Retail inflation figures for May 2022 are expected later todayRetail inflation data for May 2022 is expected later today, a figure eagerly anticipated, as inflation for April 2022 had risen to an eight-year high of 7.79 per…
OPEC+ Brings Forward Oil Output Rises as Biden’s Saudi Visit Looms
Saudi Arabia and other OPEC+ states agreed to bring forward oil production rises to offset Russian output losses to ease surging oil prices and inflation and smooth the way for an ice-breaking visit to Riyadh by US President Joe Biden.…
World oil prices fall on hope OPEC will offset Russia output loss
Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production.Brent crude was down $2.82, or 2.4%, at $113.47 a barrel at 1035 GMT, having risen…
Oil set for biggest weekly losses in 2 years after oil stockpile release – Times of India
NEW DELHI: Oil extended losses on Friday as members of the International Energy Agency (IEA) agreed to join in the largest-ever US oil reserves release. After US President Joe Biden announced the release on Thursday, prices slumped 7% and…
Oil prices dive as US weighs release of 180 million barrels from reserves
Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up to 180 million barrels from its strategic petroleum reserve (SPR) over several months to calm soaring crude prices.Brent futures for…
Decision On Fuel Prices To Be Based On Public Interest: Oil Minister
<!-- -->Petroleum minister Hardeep Puri said decision on fuel prices to be taken keeping public interest in mindAmid speculations on petrol and diesel prices likely to witness a steep hike owing to sky rocketing crude prices,…