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KHAFJI CRUDE
Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...
Mukesh Ambani's Reliance trying to re-sell Middle Eastern crude in rare moveWhy Reliance Industries Selling Middle Eastern Oil Cargoes: Reliance Industries, a major Indian refiner, is now selling Middle Eastern oil ...
Reliance snaps up Middle East oil after Russia sanctionsReliance Industries is buying millions of barrels of crude oil from the Middle East and the US. This comes after sanctions were imposed on ...
HPCL Q1 Results: Standalone net profit plunges 94% YoY to Rs 356 crore, revenue up 1%The state-owned fuel retailer had reported a net profit of Rs 6,203.9 crore in the corresponding quarter of the last financial year. Sequen...
Crude oil futures on track for two-month highs as lockdowns easeUS West Texas Intermediate crude (WTI) for June traded $3.61, or 12.3 per cent, higher at $33.04.
Crude oil prices jump more than $1 ahead of WTI June contract expiryBrent crude was up $1.19, or 3.7%, at $33.69 a barrel by 0240 GMT, after touching a high since April 13.
Crude on a high, but should trend lower next fortnight; here is whyData from the US EIA showed crude production fell to 8.94 million bpd over the past fortnight, down by half a million bpd from the same tim...
OPEC oil output hits six-month low in December on LibyaOPEC's oil supply fell by 270,000 barrels per day (bpd) in December to a six-month low as fighting cut Libyan output.
- Punj Lloyd bags Rs 314 cr offshore contract
With this contract, the order backlog for the Punj Lloyd group on a consolidated basis has gone up to Rs 24,004 crore, the company said.
- Japan offers to sell Khafji crude from govt stocks
Japan has offered to sell 90,000 kilolitres, or about 566,000 barrels, of Khafji crude from the shared Neutral Zone between Saudi Arabia an...