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You Searched For "crude oil price below zero" and got 20 results


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1 min read

Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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2 mins read

Rupee falls 1 paisa to close at 83.50 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.52 and hit the intraday h…

PTI   


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Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…

Catherine Boudreau,Jacob Zink…   


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Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much

Prince Abdulaziz bin Salman said OPEC members are ignoring their quotas.

Filip De Mott   


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How plunging oil prices could help the US avoid recession

Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…

Filip De Mott   


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1 min read

Why oil prices have cratered to their lowest level in nearly 3 years

The demand outlook for oil is weakening as recession concerns mount in the US and China's future lo…

Matthew Fox   


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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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2 mins read

Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's B…

Filip De Mott   


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Rupee rises 5 paise to 83.44 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.45 and gained further to …

PTI   


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4 mins read

India Inc might see margin squeeze with a crude shock at hand

Since the start of September, Brent crude has risen from $85 per barrel to $92 a barrel approximate…

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2 mins read

Nifty, Sensex fall nearly 1% on spike in crude oil prices; Bajaj Finance slips 3%

Equity benchmark indices, the Sensex and the Nifty fell nearly 1% on Wednesday due to a sharp jump …

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3 mins read

Crude oil prices may hit $100/bbl after OPEC+ decision, say analysts

Crude oil prices are expected to rise after the oil cartel OPEC+ announced their decision to extend…

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3 mins read

Reliance to commission first solar giga-factory in FY25

In its largest annual report, the firm said it is targeting to commission the first train of 20GW s…

PTI   


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Winter winds are freezing Russia's crude oil shipments to China

Icy winds and freezing temperatures disrupted Russian oil flows from a key Pacific port, bringing a…

Aruni Soni   


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2 mins read

OPEC+ output witnesses biggest drop in six months, falling short of agreed cuts

In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary c…

ANI   


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Oil prices are at their lowest level since August. Here's everything moving crude markets.

Factors include the Israel-Hamas conflict, production cuts from Russia and Saudi Arabia, uncertaint…

Phil Rosen   


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3 mins read

Sensex halts 2-day gaining streak, falls 290 pts to close below 58K

Equity benchmark Sensex declined 290 points in a volatile session to settle below the 58,000 mark o…

PTI   


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Nifty, Sensex continue to fall on weak global trends, soaring crude oil prices

Equity benchmark indices, the Nifty and the Sensex, fell in early trade on Friday due to weak trend…

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Stocks unlikely to be impacted by windfall tax removal

Windfall tax or the Special Additional Excise Duty (SAED) on domestically produced crude petroleum …