Crude

Global crude oil price of Indian basket rises to $57.91/barrel

The international crude oil price of the Indian basket, computed by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, rose to USD 57.91 per barrel on Wednesday, compared to USD 59.17 per barrel on the previous publishing day.

Dec 26, 2014, 13:14 PM IST

Oil prices climb after rough week of steep losses

Oil prices climbed Friday as the market took a breather after a turbulent week that saw sharp sell-offs and a mixed US jobs report.

Nov 08, 2014, 03:52 AM IST

ONGC Videsh eyes stake in Tullow Oil''s Africa assets; Source

ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company Tullow Oil Plc, a source with direct knowledge of matter said.

Nov 06, 2014, 15:48 PM IST

BHP to export ultralight oil, testing US crude ban

Mining giant BHP Billiton said Wednesday it plans to ship ultralight oil from the United States without the government`s explicit permission in a move that will test a four-decade-long ban on crude exports.

Nov 05, 2014, 13:58 PM IST

Oil prices hold steady

Oil prices steadied Friday as dealers squared positions after the previous day's bumper gains which were stoked by indications the OPEC cartel will cut its production target next year.

Oct 17, 2014, 01:50 AM IST

Asian shares skid as Obama confirms air strikes on Iraq

Obama said in an address that he authorized targeted strikes to protect the besieged Yazidi minority and U.S. personnel in Iraq, after the Iraqi government requested help.

Aug 08, 2014, 09:25 AM IST

Asian stocks extend drop after cool China price data

Asian stocks extended losses to a one-week low on Wednesday after China`s consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy.

Jul 09, 2014, 10:08 AM IST

Asian shares off to cautious start, dollar soft

Asian shares were off to a cautious start near a three-year high on Tuesday while the U.S. dollar was listless as investors took new bets that U.S. monetary policy will stay loose for some time.

Jul 01, 2014, 09:00 AM IST