global oil price

We need to move full steam to deal with bad loans: CEA Arvind Subramanian

Chief Economic Advisor (CEA) Arvind Subramanian on Wednesday emphasised the need to move full steam to deal with the problem of bad loans facing banking sector.

Feb 22, 2017, 16:44 PM IST

Oil hits highest since mid-2015 as OPEC and rivals agree historic deal

Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.

Dec 12, 2016, 16:44 PM IST

Oil edges back up to $50 a barrel from six-month low

Oil recovered to just above $50 a barrel on Tuesday after touching a six-month low in the previous session, although high global production and concern over the economic outlook in China weighed on the outlook.

Aug 04, 2015, 21:24 PM IST