crude oil price

Diesel under-recoveries of oil companies rise 14 percent


August 16th, 2012 - 9:04 pm ICT by IANS
New Delhi, Aug 16 (IANS) Under-recoveries of public sector oil companies on high speed diesel (HSD) for the second fortnight of August 2012 grew 14 percent, official data released Thursday ... Read more...

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Berger Paints to double capacity by 2013-end


August 2nd, 2012 - 5:41 pm ICT by IANS
Kolkata, Aug 2 (IANS) With its greenfield project in Andhra Pradesh to become operational by May next year, Kolkata-based Berger Paints will double its capacity to 42,000 tonnes per month ... Read more...

Posted in Business |

Sensex surges 434 points on rate cut and policy push hopes (Lead)


June 6th, 2012 - 7:04 pm ICT by IANS
Mumbai, June 6 (IANS) A benchmark index of Indian equities markets surged almost three percent Wednesday, the biggest gain in almost six months, on hopes of rate cuts by ... Read more...

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US oil price edges up


April 25th, 2012 - 3:59 am ICT by IANS
New York, April 25 (IANS) The US crude oil price edged up Tuesday as market sentiment rose due to solid corporate earnings.A weakening dollar, which dipped about 0.2 percent against ... Read more...

Posted in Business |

Oil inches up on positive data


March 31st, 2012 - 8:53 am ICT by IANS
New York, March 31 (IANS) US crude oil price inched up Friday as US consumer sentiment witnessed a boost and the dollar dropped to a one-month low against the ... Read more...

Posted in Business |

Jet fuel price cut by Rs.350.70 a kilolitre


February 16th, 2012 - 7:52 pm ICT by IANS
New Delhi, Feb 16 (IANS) State-owned oil marketing companies (OMCs) Thursday cut aviation fuel prices by Rs.350.70 or 0.56 percent a kilolitre (kl), effective from midnight Friday.With this, the ... Read more...

Posted in Business |

Jet fuel price cut by Rs.1,974 a kilolitre


January 31st, 2012 - 9:09 pm ICT by IANS
New Delhi, Jan 31 (IANS) State-owned oil marketing companies (OMCs) Tuesday cut aviation fuel prices by Rs.1,974.29 or 3.04 percent a kilolitre (kl), effective from midnight Wednesday, as an ... Read more...

Posted in Business |

Jet fuel price cut by Rs.622 a kilolitre


December 31st, 2011 - 10:43 pm ICT by IANS
New Delhi, Dec 31 (IANS) State-owned oil marketing companies (OMCs) slashed the jet fuel rates by Rs.622.33 or 1.05 percent a kilolitre (kl), effective from midnight Saturday, as crude ... Read more...

Posted in Business |

Oil firms cut jet fuel prices by 1.38 percent (Lead)


December 15th, 2011 - 10:04 pm ICT by IANS
New Delhi, Dec 15 (IANS) State-owned oil marketing companies (OMCs) Thursday pared jet fuel prices by 1.38 percent or Rs.833 per kilo litre (kl), effective from Dec 16.With this, ... Read more...

Posted in Business |

Oil firms increase jet fuel price by 3.70 percent


November 30th, 2011 - 11:09 pm ICT by IANS
New Delhi, Nov 30 (IANS) State-owned oil marketing companies (OMCs) Wednesday increased the prices of aviation turbine fuel (ATF) by 3.70 percent, effective from Dec 1.The ATF at Delhi's IGI ... Read more...

Posted in Business |

Oil firms increase jet fuel price by two percent


November 15th, 2011 - 11:16 pm ICT by IANS
New Delhi, Nov 15 (IANS) State-owned oil marketing companies (OMCs) Tuesday increased the prices of aviation turbine fuel (ATF) by two percent, effective from Nov 16.The ATF at Delhi's ... Read more...

Posted in Business |

SCI planning to enter offshore business


July 8th, 2011 - 7:44 pm ICT by IANS
Kolkata, July 8 (IANS) The Shipping Corporation of India is planning to enter offshore business."We do not have any plan to talk about (entering the offshore business), but yes we ... Read more...

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Sensex, Nifty rise as crude prices dip (Weekly market review)


June 25th, 2011 - 2:23 pm ICT by IANS
Mumbai, June 25 (IANS) Benchmark indices for Indian equities markets put in a spirited showing in the latter half of the week to erase losses incurred since last week, ... Read more...

Posted in Business |

Wall Street rises on Dell earnings, commodity rally


May 19th, 2011 - 4:28 am ICT by IANS
New York, May 19 (IANS) US stocks gained strength Wednesday as traders were encouraged by Dell's strong earnings and a recovery in commodity prices.Market sentiment was bolstered after Dell reported ... Read more...

Posted in Business |

Oil plummets on US negative credit outlook


April 19th, 2011 - 3:31 am ICT by IANS
New York, April 19 (IANS) US crude oil price dropped sharply Monday after Saudi Arabia reported a drop in its oil output in March and Standard & Poor's (S&P;) cut ... Read more...

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Sensex climbs 434 points; capital goods, auto stocks surge


April 13th, 2011 - 6:51 pm ICT by IANS
Mumbai, April 13 (IANS) A benchmark index for Indian equities markets surged over two percent Wednesday, led by strong buying support in capital goods, auto, IT and banking scrips, ... Read more...

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Indian equities fall as oil price climbs on Libya, Middle East crisis (Roundup)


March 21st, 2011 - 7:22 pm ICT by IANS
Mumbai, March 21 (IANS) A benchmark index for Indian equities markets ended in the red in a choppy session Monday, as rise in crude oil prices amid escalating crisis ... Read more...

Posted in Business |

US crude oil crosses $100 mark


March 18th, 2011 - 5:11 am ICT by IANS
New York, March 18 (IANS) US crude oil price rebounded sharply Thursday as supply concerns and higher demand expectations lifted the market, Xinhua reported.Light, sweet crude for April delivery gained ... Read more...

Posted in Business |

Sensex ends 1.46 percent up as oil falls to two-week low (Roundup)


March 14th, 2011 - 7:17 pm ICT by IANS
Mumbai, March 14 (IANS) A benchmark index for Indian equities markets advanced 1.46 percent Monday, led by good buying support in energy and metal stocks, as crude oil ... Read more...

Posted in Business |

Sensex ends 1.46 percent higher (Lead)


March 14th, 2011 - 5:53 pm ICT by IANS
Mumbai, March 14 (IANS) A benchmark index for Indian equities markets advanced 1.46 percent Monday, led by good buying support in energy and metal stocks as global crude oil ... Read more...

Posted in Business |

Sensex slips under rate hike fears, Middle East tensions (Weekly market review)


February 26th, 2011 - 2:17 pm ICT by IANS
Mumbai, Feb 26 (IANS) It was a bad week for Indian equities markets with investors choosing to offload stocks as another round of monetary tightening by the country's central bank loomed ... Read more...

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Inflation, oil prices major concerns: Pranab


February 25th, 2011 - 6:13 pm ICT by IANS
New Delhi, Feb 25 (IANS) Persistently high inflation and soaring crude oil prices in the international markets are the major areas of concern and might adversely affect Indian economy, Finance Minister ... Read more...

Posted in Business |

Oil hits $100 mark


February 24th, 2011 - 6:22 am ICT by IANS
New York, Feb 24 (IANS) US crude oil price crossed $100 a barrel Wednesday, hitting the triple digits for the first time since October 2008, as violence in Libya caused anxiety in ... Read more...

Posted in Business |

Inflation, fiscal deficit to remain big concern in 2011: FICCI


January 24th, 2011 - 7:09 pm ICT by IANS
New Delhi, Jan 24 (IANS) Relief from soaring prices of essential commodities in 2011 is unlikely, an industry survey said Monday. The government would also struggle to contain fiscal deficit to the ... Read more...

Posted in Business |

Government monitoring foreign capital impact: Mukherjee


December 24th, 2010 - 8:00 pm ICT by IANS
New Delhi, Dec 24 (IANS) The government is constantly monitoring the impact of foreign capital inflows on exchange rates and there was no need to press the panic button, Finance Minister ... Read more...

Posted in Business |

Diesel price deregulation not now: Oil secretary


October 27th, 2010 - 7:47 pm ICT by IANS
New Delhi, Oct 27 (IANS) The government is not planning to deregulate diesel price now, as such a move will raise prices and push inflation up, Petroleum Secretary S. Sundareshan said here ... Read more...

Posted in Business |

Price rise dominates parliament (Roundup)


August 4th, 2010 - 9:12 pm ICT by IANS
New Delhi, Aug 4 (IANS) Soaring food prices generated heat in parliament Wednesday, with the Lok Sabha unanimously urging the government to act and come to the rescue of the common ... Read more...

Posted in Business |

Government intervention if crude oil prices turn volatile: Deora


July 2nd, 2010 - 10:32 pm ICT by IANS
Bangalore, July 2 (IANS) The central government will step in to regulate the decontrolled price of petrol if crude oil rates turn highly volatile in the international markets, Petroleum and Natural Gas ... Read more...

Posted in Business |

ONGC Videsh declares progressive 2009-10 financial results


May 22nd, 2010 - 1:44 pm ICT by ANI
New Delhi, May 22 (ANI): ONGC Videsh Ltd. (OVL), the wholly-owned subsidiary of Oil and Natural Gas Corporation Ltd. (ONGC) on Saturday announced that it had produced 8.870 million tons of oil ... Read more...

Posted in Business |

No hike in Kerosene and LPG prices: Govt.


July 21st, 2009 - 11:13 pm ICT by ANI
New Delhi, July 21(ANI): Union Minister for Petroleum and Natural Gas Murli Deora on Tuesday said that the Government has decided not to increase the retail prices of kerosene and domestic LPG, ... Read more...

Posted in National |

Pak preparing sea route feasibility report on Pak-Iran gas pipeline deal


July 5th, 2009 - 5:35 pm ICT by ANI
Islamabad, July 5 (ANI): In a bid to seek parliamentary approval for the multi-billion dollar Iran-Pakistan gas pipeline project,Prime Minister Yousuf Raza Gilani has asked the country's petroleum ministry to prepare ... Read more...

Posted in National |

Aviation fuel prices hiked again


June 30th, 2009 - 6:59 pm ICT by IANS
New Delhi, June 30 (IANS) State-run oil companies Tuesday raised jet fuel prices by over 6 percent, the fourth hike in two months, after crude oil price at the global market reached ... Read more...

Posted in Business |

Japan logs first current account deficit in 13 years


March 9th, 2009 - 2:16 pm ICT by IANS
Tokyo, March 9 (Xinhua) Japan logged its first current account deficit in 13 years in January of 172.8 billion yen ($1.8 billion), the Finance Ministry data showed Monday. It was the first current ... Read more...

Posted in Business |

OPEC likely to cut down on production


January 17th, 2009 - 12:01 am ICT by IANS
Luanda (Angola), Jan 16 (Xinhua) The Organisation of the Petroleum Exporting Countries (OPEC) Friday said that it may consider more production cuts to stabilise the global oil prices."OPEC will not hesitate to ... Read more...

Posted in Business |

BlackBerry co-CEOs in Canada get astronomical salaries


January 2nd, 2009 - 10:38 pm ICT by IANS
Toronto, Jan 2 (IANS) BlackBerry founder Michael Lazaridis and his co-CEO James Balsillie were top grossers among Canada's best paid 100 CEOs who collectively earned a whopping $1 billion in 2007.While Lazaridis' ... Read more...

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