A rare winter storm in Texas has caused U.S. crude production to drop by more than 10 per cent, or 1 million barrels per day (bpd) last week, the Energy Information Administration said

After a Rs 50 hike, one needs to shell out Rs 769 for a single 14.2 kg non-subsidised cooking gas cylinder in Delhi and Mumbai

Stock Market News Updates Today: Sectorally, all the other indices were trading with decent gains. Metal index was up 2.5%, while private, PSU Bank and financial indices rose 1.5% to 2% today

Crude stockpiles rose by 1 million barrels in the week to Feb. 19, the American Petroleum Institute (API) reported on Tuesday, against estimates for a draw of 5.2 million barrels in a Reuters poll

Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

In India, petrol and diesel prices are revised by state-backed oil marketing companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum

The lack of demand from refineries will likely lead to builds in crude stocks over coming weeks, even though around 3.5 million barrels per day (bpd) of US oil output has been shut

Stock Market News Updates Today: Bajaj Finserv, IndusInd Bank, RIL, Kotak Bank were among the top gainers today, while NTPC, PowerGrid, Asian Paints, ICICI Bank, Tata Motors were among the top losers

U.S. West Texas Intermediate (WTI) crude futures gained 62 cents, or about 1%, to $60.09 a barrel. WTI did not settle on Monday because of a U.S. federal holiday

Brent crude was up $1.09, or 1.8%, at $63.52 a barrel at 0428 GMT, after climbing to a session high of $63.76, the highest since January 22, 2020

Stock Market News Updates Today: Airtel, HDFC twins, ICICI Bank, Kotak Mahindra Bank, Infosys, IndusInd Bank and Axis Bank were trading among the top gainers. Today, Sensex hit a record high of 52,235 and Nifty hit a lifetime high of 15,340

Crude oil prices are also at their highest since January 2020. Oil prices rose 2 per cent on Monday to their highest in over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers

Brent crude for April touched a high of $59.95 a barrel and was at $59.85 by 0041 GMT, up 51 cents, or 0.9%. Front-month prices last hit $60 on Feb. 20, 2020

Fuel prices today: State-run oil marketing companies (OMCs) revise petrol and diesel prices daily on the basis of international oil prices and foreign exchange rates

Markets were encouraged by stronger-than-expected orders for US goods in December, pointing to strength in manufacturing, and hopes for swift approval by lawmakers of President Joe Biden's proposed $1.9 trillion coronavirus aid plan

Oil prices extended gains on Thursday after the OPEC+ alliance of producers stuck to its reduced output policy and U.S. crude stocks fell, with optimism over a new U.S. pandemic relief bill adding further price support.

Today's fuel prices: The current cost of one litre of petrol in Mumbai is Rs 93.20/litre, in Hyderabad its Rs 90.10/litre, in Chennai Rs 89.13/litre, and in Kolkata its Rs 88.01/litre

On the Multi Commodity Exchange, crude oil for Thursday delivery traded higher by Rs 17, or 0.44 per cent, at Rs 3,888 per barrel in 2,114 lots

Fuel rates today: Petrol and diesel prices were hiked by 25 paise each by the state-owned oil manufacturing companies (OMCs) after a five day hiatus

US West Texas Intermediate (WTI) was up 40 cents, or 0.8%, at $53.61 a barrel by 0128 GMT after gaining nearly 2% on Tuesday