Tag: oil price
WTI Crude Again Below Zero On Supply Glut, Storage Crunch
Price of West Texas Intermediate (WTI) crude in the US has again turned negative due to high supplies and shortage of storage facilities.....
Fuel Price Hiked Again, Petrol Nearing Century Mark Across The Country
Fuel prices increased again across the country on Tuesday adding more misery for the common man already grappling with rising food prices amid shrinking income.....
Global Crude Heading Northward
Global oil prices rose more than 1.8 percent on Saturday, but analysts remained cautious about record-high crude inventories.....
Banks Will Decide If To Lower Interest Rates: Jaitley
Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks.....
Chidambaram Attacks Government On Fuel Prices
As fuel prices touched a five-year high, former Finance Minister P Chidambaram on Friday asked the government why prices of petrol and diesel were higher than in May, 2014 when the international oil prices were higher than they are now.....
DMK To Participate In Bharat Bandh On Sep 10
DMK President M.K. Stalin on Friday said his party will actively participate in the Bharat Bandh called by the Congress on September 10 against the oil price hike.....
Priyanka Attacks Modi Government Over Rising Inflation
Congress General Secretary Priyanka Gandhi Vadra on Tuesday hit out at the Narendra Modi government at Centre over retail inflation soaring to a five and half year year high at 7.35 per cent, saying the BJP has "kicked" on the stomach of the poor after stealing money from their pockets.....
Bloodbath In Oil Market; Crude Oil Tumbles 30%, India To Gain
The bloodbath in the oil market has continued into the new week with crude oil prices slumping to around 30 per cent on Monday to just about $30 a barrel after Saudi Arabia shocked the market by launching a price war against one time ally Russia.....
Mayhem In Energy Markets, Oil Prices Log Worst Fall Since Gulf War
Energy markets went into a free fall on Monday with oil prices across variants plunging around 30 per cent, the biggest fall since the 1991 Gulf War. The slide comes after Saudi Arabia shocked the market by launching a price war after no consensus was arrived between OPEC and Russia to cut crude oil production as part of market stabilisation exercise.....
US Oil Prices Turn Negative For The First Time In History
US oil prices turned negative on Monday for the time in history.....
