The crude market has now posted seven consecutive days of losses. Numerous nations worldwide are responding to the rising infection rate du...

The Dow Jones Industrial Average rose 0.7 per cent to close at 34,113.23 points, while the S&P 500 gained 0.27 per cent to 4,192.66. The Na...

A tariff will be paid in USD per barrel of oil and USD per million British thermal units for gas for any incremental hydrocarbon produced a...

PLL to invest in Tellurian’s proposed Driftwood LNG terminal; transaction pact to be final by March 31, 2020.

The RBI will release the minutes of its August monetary policy review on August 21.

The government has been pushing ONGC to hire international oil service companies to raise output from its mature oilfields.

Immelt left after determining "that the CEO transition has proceeded smoothly," said the maker of jet engines, gas turbines and ultrasound ...

US drillers increased the rig count by six to 747 last week, the highest level since April 2015.

Opec producers agreed on May 25 to extend the supply deal until the end of the Q1 of 2018.

Saudi Aramco will sign accords and joint-venture agreements valued at about $50 billion with companies like General Electric, Schlumberger ...

GE said in a statement last week that it was in talks with the oilfield services provider on potential partnerships but none of those optio...

“We’re still seeing a lot of oil enter this market,” Goldman’s head of commodities research Jeff Currie said. “It’s hard for this market to...

Oil is poised for a drop of 20% since early June. While excess crude production is abating, inventories around the world are brimming.

Oil prices rose as the number of US rigs fell for a sixth straight week, while investors waited for Chinese trade data to be published late...

At Multi Commodity Exchange, crude oil for delivery in October gained Rs 38, or 1.28 per cent, to Rs 3,009 per barrel, with a business turn...

The tech geeks are coming to the oil industry's rescue.

Fears are growing that world could suffer widespread recession and large investors are responding to the turmoil by deleveraging. Survive c...