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Total 2861 results found. Search for [ Oil supply ]

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BusinessToday.In
April 8, 2021
While the volume gains in January-March are attributable to low base of March 2020, there has also been a sequential recovery in demand across sectors.


Nevin John
April 7, 2021
Instead of the average monthly import order of 14.8 million barrels, the Indian state-run oil refiners have placed orders for just 9.5 million barrels of Saudi oil in May


Anand Adhikari
April 7, 2021
While the RBI has kept the repo rate unchanged, hinting at short-term interest rates to remain low, the risk from ultra-loose monetary policy is certainly on the rise as the future inflation trajectory has an upward bias


Anand Adhikari
April 6, 2021
The RBI had said two months ago that urban demand and demand for contact-intensive services are expected to strengthen with the substantial fall in COVID-19 cases but things have changed since then. Here's what the central bank will have to factor in while announcing GDP and inflation projections


Reuters
April 6, 2021
The refiners - Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd - normally buy 14.8 million barrels of Saudi oil in a month


BusinessToday.In
April 5, 2021
Despite the surge in cases, it said, the recovery in economy is resilient with sustained improvement in majority of high frequency indicators.


PTI
April 3, 2021
As per ICRA, at such low gas prices, gas production remains a loss-making proposition for most fields for the Indian upstream producers notwithstanding some decline in oil field services, equipment costs


PTI
April 3, 2021
The domestic gas price notified at $1.79 per million British thermal unit for the six months beginning April 1 remains the lowest since the institution of the modified Rangarajan formula


Rashi Bisaria
New Delhi, April 3, 2021
COVID-19 surge: Cannot rule out possibility of lockdown, says Uddhav Thackeray Maharashtra Chief Minister Uddhav Thackeray on Friday said he cannot rule out the possibility of a fresh lockdown if COVID-19 cases continue to rise in the state. While a lockdown is fatal, the state is caught in a peculiar situation where it has to look after the economy as well as save lives of people, he said. India strongly pitches for cuts in crude oil productionIndia on Friday strongly pitched for easing...


PTI
April 3, 2021
Spokesperson in the Ministry of External Affairs Arindam Bagchi also said that crude supply should be market determined rather than artificially managed


Anand Adhikari
April 2, 2021
The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22


Reuters
April 2, 2021
When the Organisation of Oil Exporting Countries and Major Producers (OPEC+) extended the production cuts into April, India unsheathed that weapon


Rajeev Dubey and PB Jayakumar
New Delhi, March 31, 2021
Global CEO of Hitachi ABB Power Grids, Claudio Facchin, and N. Venu, Managing Director, Hitachi ABB Power Grids India, talk about technological changes in the power sector and how they are helping countries meet their zero-carbon targets


Sumant Banerji
New Delhi, March 31, 2021
A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government


BusinessToday.In
March 30, 2021
Stock Market News Update Today: NTPC, HDFC Bank, HCL Tech, Infosys, Titan Company, Hindustan Unilever Ltd (HUL), Nestle India, ONGC, Dr Reddy's Laboratories, IndusInd Bank, Power Grid Corporation of India were among top Sensex gainers


Reuters
March 29, 2021
After dredging and excavation work over the weekend, rescue workers from the Suez Canal Authority and a team from Dutch firm Smit Salvage had succeeded in partially refloating the ship earlier on Monday using tug boats


Reuters
March 28, 2021
Dredgers working to dislodge the stranded vessel have so far shifted 27,000 cubic metres of sand, to a depth of 18 metres, and efforts would continue around the clock according to wind conditions and tides, the Suez Canal Authority (SCA) said in a statement


Reuters
March 28, 2021
The 400 metre (430 yard) long Ever Given became wedged diagonally across a southern section of the canal amid high winds early on Tuesday, blocking one of the world's busiest waterways


Reuters
March 27, 2021
The 400-metre (430-yard) long Ever Given became wedged diagonally across a southern section of the canal amid high winds early on Tuesday, disrupting global shipping by blocking one of the world's busiest waterways


Reuters
March 26, 2021
Brent crude rose $2.37, or 3.8%, to $64.32 a barrel at 10:57 a.m. EDT (1457 GMT), after dropping 3.8% on Thursday. US West Texas Intermediate (WTI) crude rose $2.38, or 4.1%, to $60.94 a barrel, having tumbled 4.3% a day earlier


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