ONGC signs term contracts to sell crude oil from Mumbai offshore fields at a premium to Brent crude oil price; Bharat Petroleum Corporation Ltd (BPCL) and..

State-run Oil and Natural Gas Corp (ONGC) on Friday posted a more than 20% drop in second-quarter profit, dragged down by lower prices for crude oil. Crude..

The Sensex fell below the 64,000 mark for the first time in four months due to global factors impacting investor sentiment. The index closed 523 points down at..

Crude oil price benchmark Brent crude was up 0.53 per cent at USD 74.24 per barrel. In the domestic equity market, the 30-share BSE Sensex retreated from early..

The rupee appreciated 15 paise to close at 81.91 (provisional) against the US dollar on Monday as a firm trend in domestic equities and easing crude oil price..

Finance minister Nirmala Sitharaman has said the country may buy Russian crude oil above the price cap imposed by the G-7 if the recent OPEC+ output cut..

Russia's former president Dmitry Medvedev warned that a reported proposal from Japan to cap the price of Russian oil at around half its current level would lead..

The government is exploring all viable options, including import diversification, to procure crude at an affordable price, a finance ministry report said on..

Brent crude, also known as London Brent, makes up more than half of the world's globally traded supply of crude oil.

The crisis as well as fears of lower supplies have pushed Brent crude oil price to nearly an 8-year high on Wednesday.

It is feared that sanctions against Russia will curtail global supplies and stifle growth.

The price of petrol in Pakistan has nearly doubled since 2014, even as crude oil price is on the same level.

Global financial major Goldman Sachs expects Brent crude oil prices to reach $110-per-barrel by next year, a 30% jump from the current levels of $85/bbl. Oil..

The government's move to pass on increases in global crude oil price to consumers, but prevent corrections through higher taxes, has raised concerns on inflation..

Mr. Pradhan said international crude oil price is an indicator but international product price is the benchmark.

The Supreme Court on Tuesday pulled up a petitioner who filed a PIL challenging the almost daily increase in petrol prices.

The top court warned the..