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Articles for Energy & Infra

Saudi Oil Prices For Asia Expected To Jump In November After Attack

Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.

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Oil Prices Recover After Output From US, Russia, OPEC Drop

Front-month prices for both contracts posted their largest quarterly falls this year on Monday, hurt by a slowdown in global economic growth amid the US-China trade war.

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Oil Prices Climb As Positive China Factory Data Eases Demand Concerns

Brent crude futures rose 9 cents to $62 a barrel by 0300 GMT while US West Texas Intermediate (WTI) crude futures rose 13 cents to $56.04 a barrel.

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Coal India Workers Strike Hit Production By About 56 Per Cent: Official

The workers' strike over implementation of reforms including allowing 100 per cent foreign direct investment (FDI) in coal mining - which India approved last month to attract global miners to India - paralysed operations.

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Crude Oil Futures Fall On Low Demand

Crude oil contracts for October delivery traded lower by Rs 35, or 0.86 per cent, at Rs 4,048 per barrel.

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Coal India Workers Protest Over Easing Foreign Investment Rules, Output Hit

The company, which accounts for over four-fifths of India's coal output and employs about 300,000 people, registered a 30 per cent attendance due to the strike, which included about 17,000 executives, a Coal India official told Reuters.

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Oil Slips As Focus Shifts From Saudi Supply To Global Demand Concerns

Brent crude futures fell 35 cents to $64.42 a barrel by 0408 GMT, while U.S. West Texas Intermediate (WTI) futures were at $58.36, down 28 cents.

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Oil Prices Will Ease If Global Tensions Do Not Flare Up: Dharmendra Pradhan

The price of crude oil has already reduced by a few dollars per barrel, Pradhan said at an industry event in New Delhi.

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