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Articles for Oil and Gas

Fuel Supply By Coal India To Power Sector Drops 7% In Apr-Oct

The fuel supply by Singareni Collieries Company Ltd (SCCL) to the power sector in the seven-month period dropped to 18.47 MT from 29.82 MT a year ago

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OPEC+ Agrees Slight Easing Of Oil Cuts From January

OPEC+ had been expected to extend existing cuts until at least March, after backing down from earlier plans to boost output by 2 million bpd.

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Oil Gains As OPEC+ Resumes Output Cut Extension Talks After Impasse

Brent crude was up 21 cents, or 0.4%, at $48.46 a barrel by 0802 GMT, after gaining 1.8% on Wednesday. U.S. oil was 11 cents, or 0.2%, higher at $45.39 a barrel, having ended 1.6% higher the previous session.

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Oil Prices Steady As Market Awaits Output Deal

Brent crude oil futures were down 9 cents, or 0.2%, at $47.33 a barrel by 1012 GMT, while West Texas Intermediate crude was down 11 cents, or 0.3%, at $44.44.

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Oil Prices Drop On US Stock Build, Delay In OPEC+ Meeting

Brent crude oil futures were down by 27 cents, or 0.6%, at $47.15 a barrel by 0131 GMT, while West Texas Intermediate crude was down by 29 cents, or 0.7%, at $44.26.

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Crude Oil Futures Rise On Spot Demand

On the Multi Commodity Exchange, crude oil for delivery in December traded higher by Rs 16, or 0.48 per cent, at Rs 3,342 per barrel in 1,524 lots.

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India's November Diesel Sales Down 7% Y/Y, Petrol Up 5%

Sales of gasoline rose 4.9% from a year earlier to 2.4 million tonne, a growth of about 8% from October.

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Oil Falls As OPEC+ Talks Delays Raise Supply Concerns

Opening trading for December Brent crude was down 20 cents, or 0.4% at $47.68 a barrel by 0136 GMT, after dropping more than 1% on Monday.

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