UAE announces higher petrol and diesel prices for April 2026Starting April 1, 2026, residents of the United Arab Emirates should prepare for a noticeable increase in fuel costs. The price of Super 98...
31 Mar, 2026, 12.52 PM IST
Tanker makes rare transit through Strait of Hormuz amid Middle East tensions, sources sayBreaking through tensions, an oil tanker has made its way through the strategic Strait of Hormuz. The vessel is heading to the port of Jeb...
04 Mar, 2026, 11.13 AM IST
BPCL buys Iraqi, Oman crude via one-year import tenders, sources sayIndia’s state-run Bharat Petroleum Corp has finalized two import tenders for Iraq’s Basrah oil and Oman crude covering April 2026–March 202...
21 Jan, 2026, 09.44 AM IST
HPCL, MRPL buy 5 million barrels US, Mideast oil, sources sayTwo Indian state-run refiners have purchased a total of 5 million barrels of crude oil from the spot market as they seek alternatives to Ru...
10 Nov, 2025, 12.53 PM IST
India BPCL awards 12-month Murban crude import tender to TotalIndia's Bharat Petroleum Corp secures a 12-month import deal for 1 million barrels of Abu Dhabi's Murban crude oil monthly from April with ...
31 Jan, 2025, 01.40 PM IST
Middlemen have halted Russian oil cargo offers after US sanctions, says Bharat PetroleumMiddlemen supplying Russian oil have halted offers due to new U.S. sanctions against Russian producers, tankers, and insurers, affecting In...
22 Jan, 2025, 08.29 PM IST
Indian refiners seek crude after US sanctions disrupt Russia oil supplyIndian refiners MRPL and BPCL issued tenders seeking crude oil after U.S. sanctions disrupted Russian supply. MRPL seeks offers for 1-2 mil...
21 Jan, 2025, 01.29 PM IST
IOC buys 7 million barrels of Middle East, African oilIndia's top refiner, Indian Oil Corp (IOC), has purchased 7 million barrels of Middle Eastern and African crude oil via tenders, including ...
17 Jan, 2025, 10.06 AM IST
UAE's ADNOC to cut 5% of Dec crude volumes to term-buyers in Asia - sourcesThe cut comes as the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, started to trim output by ...
28 Nov, 2022, 09.19 PM IST
India's IOC buys 4 mln barrels of crude via tenders: SourcesThe refiner bought 2 million barrels of Murban crude and another 2 million of West African crude, they added. It was not immediately clear ...
13 Apr, 2022, 08.46 AM IST
Saudi Arabia expected to cut June crude prices for Asia: SurveySources at five Asian refiners expected the June OSP for flagship Arab Light crude to decrease by an average of 28 cents a barrel, which wo...
04 May, 2021, 11.50 AM IST
UAE's ADNOC deepens supply cuts to Asia in June in 'fragile' marketThe cuts are part of the United Arab Emirates' (UAE) obligation under a pact between the Organization of the Petroleum Exporting Countries ...
25 Mar, 2021, 05.06 PM IST
UAE's ADNOC to remove all destination restrictions for all its crudesIntercontinental Exchange Inc will launch ICE Futures Abu Dhabi (IFAD) and trade in Murban futures contracts this month.
03 Mar, 2021, 02.32 PM IST
Reliance seeks to sell Mideast crude cargoes in rare moveReliance, controlled by billionaire Mukesh Ambani, has offered various grades of Middle East crude for sale in Asia's spot market, includin...
27 Mar, 2020, 05.50 PM IST
- OPEC basket price rose more to $72.86
OPEC's reference crude oil basket price rose further to $72.86 a barrel on Thursday from $71.15 the previous day.
04 Jun, 2010, 05.03 PM IST
- OPEC basket price rose to $44.48 on Monday
OPEC's reference crude oil basket price rebounded to $44.48 a barrel on Monday from $42.56 the previous day.
25 Nov, 2008, 02.25 PM IST
- OPEC basket price fell more to $55.90 on Tuesday
OPEC's reference crude oil basket price dropped further to $55.90 a barrel on Tuesday from $56.80 the day before, OPEC said on Wednesday.
29 Oct, 2008, 02.35 PM IST