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Articles for Energy & Infra

Crude Oil Futures Up On Spot Demand

Analysts said the rise in crude oil futures was largely in tandem with a firm trend in markets here.

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Petrol, Diesel Prices See Steepest Hike Since July 5

Petrol price was increased by 25 paise per litre to Rs 72.42 and diesel by 24 paise to Rs 65.82 in the Delhi market.

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Petrol, Diesel Price See Steepest Hike Since Budget, Govt Says Concerned

Petrol price was increased by 14 paisa per litre to Rs 72.17 and diesel by 15 paisa to Rs 65.58 per litre in New Delhi.

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Emerging Economies Like India More Vulnerable To Big Oil Price Moves: Report

According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.

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Oil Falls But Prices Still Elevated After Attacks On Saudi Facilities

Brent crude was down 73 cents, or 1.1 per cent, at $68.29 a barrel by 0405 GMT, and West Texas Intermediate was down 87 cents, or 1.4 per cent, at $62.03 a barrel.

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India's Strategic Petroleum Reserve Levels At 55 Per Cent Capacity: Official

"Vizag is currently filled up to 100 per cent," the official said, and added that Mangalore and Padur are currently around 55 per cent and 25 per cent respectively.

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HPCL Chairman Says Petrol, Diesel Prices To Rise If Crude Price Stays High

"Price of product at fuel outlets might be impacted if crude price continues to go up by 10 per cent", said M K Surana, chairman of HPCL on Monday.

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Oil Soars After Attack On Saudi Plants Shuts In 5 Per Cent Of Global Supply

Brent crude futures, the international benchmark, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intra-day jump since Jan. 14, 1991.

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