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PTI
New Delhi, September 18, 2018
OVL had in April 2011 bought 25 per cent of Satpayev oil block.


PTI
New Delhi, September 12, 2018
A country's presence on the foregoing list is not necessarily a reflection of its government's counter narcotics efforts or level of cooperation with the United States, says Trump.


BusinessToday.In
September 3, 2018
Petroleum prices, which are determined by the cost of crude oil in global markets, may continue to go up as the international markets are under pressure due the US sanctions on Iran and Saudi Arabia's decision to cut oil production.


BusinessToday.In
August 31, 2018
Analysts expect rupee to hit the 72 level per dollar if the current situation persists. The Indian currency is down 3.3% in August and nearly 10% this year so far - making it the worst-performing currency in Asia.


BusinessToday.In
August 30, 2018
Benchmark indices Sensex and Nifty fell for the second consecutive session as investors fretted over plunging rupee and rising crude oil prices, while August futures and options (F&O) expiry added to market volatility.The Sensex slipped 33 points, to 38,690. The Nifty fell 15 points to 11,677. Intra-day, the 50-share index moved between 11,698 and 11,639.Investors offloaded their long bets in F&O segment instead of carrying them forward to the next series for September, ...


PTI
August 19, 2018
Rupee last week dropped to a record low of 70.32 to a US dollar as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market currencies.


BusinessToday.In
New Delhi, July 5, 2018
The OPEC nations that comprised 15-member countries and Non-OPECnations, led by Russia, have been withholding oil production to boost the prices. The US plan to reintroduce oil exporting sanctions against Iran from November has also given rise to crude oil prices.


Reuters
June 22, 2018
Saudi Arabia and non-OPEC Russia have said a production increase of about 1 million barrels per day (bpd) or around 1 percent of global supply had become a near-consensus proposal for the group and its allies.


BusinessToday.In
June 19, 2018
The upcoming OPEC/non-OPEC Joint Ministerial Monitoring Committee meeting in Vienna on June 22 will play a major role in determining the trajectory of fuel prices here on.


BusinessToday.In
New Delhi, June 8, 2018
The diesel prices also dipped 15 paise in all metro cities, except Chennai where the prices dropped by 16 paise. In Delhi, diesel was priced at Rs 68.58, while Rs 71.13 in Kolkata and Rs 73.02 in Mumbai.


BusinessToday.In
June 6, 2018
In last eight days, petrol price in the national capital has come down by 71 paise from its record high of Rs 78.43 on May 29. Before cutting the prices, oil marketing companies last month hiked the fuel cost for 16 consecutive days - from May 13 to May 29, petrol price was raised by Rs 3.8 and diesel by Rs 3.38 per litre.


BusinessToday.In
June 5, 2018
Recent cut in fuel rates in India have come in the backdrop of continuous fall in international crude oil prices over the week. US crude prices on Monday touched its lowest level in nearly two months. 


BusinessToday.In
New Delhi, May 30, 2018
Answering questions on the paltry 1 paise relief in the skyrocketing petrol and diesel prices, Pradhan said that it was mistake on the part of the oil companies and he takes responsibility for it as the petroleum minister.


Mail Today Bureau
May 25, 2018
ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), on Thursday reported a 29.6 per cent jump in its net profit to Rs 981 crore for the fiscal year ending March 31, 2018 on the back of a higher output of crude oil and natural gas.


PTI
May 24, 2018



PTI
May 22, 2018



Anilesh S Mahajan
New Delhi, May 21, 2018
According to the finance ministry's revenue collection projection, the government expects to mop up more than Rs 2.579 lakh crore by levying taxes on the petroleum products by the end of this fiscal.


BusinessToday.In
New Delhi, May 18, 2018
The worse news is that things might get a lot worse here on - some analysts have predicted it to hit $100 by the next year.


PTI
May 9, 2018



PTI
May 9, 2018



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