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Israel-Iran crisis: Escalating conflicts cause global oil prices to shoot up

The iCOMDEX Crude Oil index of the Multi Commodity Exchange (MCX) showed oil prices rose to <span class='webrupee'>₹</span>7,749.35 a barrel. This is a 1.32% or <span class='webrupee'>₹</span>101.11 gain.(Representational Image/Unsplash)

Published on Oct 03, 2024 01:10 PM IST

Despite climate goals US oil boom shows, ‘World wants for more energy, not less’

FILE PHOTO: Oil pumps are seen, as oil and gas activity dips in the Eagle Ford Shale oil field due to the coronavirus disease (COVID-19) pandemic and the drop in demand for oil globally, in Karnes County, Texas, U.S., May 18, 2020. Picture taken May 18, 2020. REUTERS/Jennifer Hiller/File Photo(REUTERS)

Published on Dec 20, 2023 11:08 PM IST

Morning brief: Saudi, Russia plan to cut oil production. Will it impact India?

People walk by an oil refinery operated by Bharat Petroleum Corp. Ltd., in Mumbai, India.(Bloomberg)

Published on Apr 12, 2023 08:57 AM IST

OPEC+ silence has oil market second-guessing next supply move

While OPEC+ is still widely expected to revive some of the 7 million barrels a day they’ve idled, a preliminary meeting of ministers earlier in the day didn’t get into specifics.(REUTERS)

Published on Mar 04, 2021 06:17 AM IST

India’s evolving energy diplomacy | HT Editorial

India today can absorb somewhat higher global oil prices, and shift focus on attracting the massive investments needed for its natural gas and renewable energy plans(REUTERS)

Updated on Dec 09, 2020 06:42 AM IST

Understanding the oil price churn

The dynamic between the United States, Russia and Saudi Arabia, played out in this vulnerable landscape, will further determine how low Brent settles(Parveen Kumar/Hindustan Times)

Updated on Apr 21, 2020 06:20 PM IST

Top oil producers agree on record output cuts amid coronavirus crisis

Top oil-producing countries agreed Sunday to record output cuts(Bloomberg)

Updated on Apr 13, 2020 07:27 AM IST

The silver lining in the Indian economy

The fear of a big-three cartel emerging to resurrect oil prices are overblown. The only silver lining, amid the darkness over the Indian economy, is that crude prices have crashed, offering the country billions of dollars in savings(AP)

Published on Apr 05, 2020 04:59 PM IST

What the dip in oil prices means | HT Editorial

Over the past three years Russia (the third largest producer) and Saudi Arabia have held up oil prices by cutting production(AP)

Updated on Mar 09, 2020 06:47 PM IST

Petrol, diesel see big price hikes on Sunday

An employee shows the revised prices of petrol and diesel to a customer at a fuel station.(PTI)

Updated on Jan 20, 2019 07:29 PM IST

Govt may levy windfall oil tax on ONGC, Oil India to tackle fuel price hike

Updated on May 24, 2018 01:22 PM IST

It is not only Ambani’s companies, every industry is about to be disrupted

Uber became a threat to the transportation industry by taking advantage of the advances in smartphones, GPS sensors and networks, and their convergence(Reuters)

Updated on Mar 28, 2018 07:48 PM IST

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