Oil, Gas & Petrochem

Iran earlier used to supply 10 per cent of India’s oil needs.
May 24, 2019, 5:22 a.m.
Publisher: thehindubusinessline.com

Oil prices dipped on Thursday, extending bigger falls from the previous session, as surging US crude inventories and weak demand from refineries weighed on markets.
May 23, 2019, 3:29 a.m.
Publisher: thehindubusinessline.com

Oil prices fell on Wednesday after industry data showed an increase in US crude inventories and as Saudi Arabia pledged to keep markets balanced.Brent crude futures were down 38 cents, or 0.5 per cent.
May 22, 2019, 3:33 a.m.
Publisher: thehindubusinessline.com

Brent crude futures, the international benchmark for oil prices, were at $72.03 per barrel
May 21, 2019, 3:39 a.m.
Publisher: thehindubusinessline.com


Oil rose to multi-week highs on Monday after OPEC indicated it will likely maintain production cuts that have helped support prices this year, while tensions continued to escalate in the Middle East.
May 20, 2019, 3:04 a.m.
Publisher: thehindubusinessline.com

Crude stocks swelled by 5.4 million barrels, surprising analysts who had expected a decrease of 800,000 barrels.
May 16, 2019, 3:46 a.m.
Publisher: thehindubusinessline.com

Oil prices fell on Wednesday after data showed a surprise rise in U.S. crude sto...
May 15, 2019, 4:24 a.m.
Publisher: in.reuters.com

Brent crude futures were at $70.90 a barrel
May 15, 2019, 3:49 a.m.
Publisher: thehindubusinessline.com

India’s rising oil consumption will support its investments in refining capacity additions and upstream production, but imports will keep growing amid stagnant production.
May 13, 2019, 4:08 p.m.
Publisher: thehindubusinessline.com

The rig count has declined over the past five months as independent exploration and production companies cut spending on new drilling.
May 13, 2019, 3:30 a.m.
Publisher: thehindubusinessline.com