APN News

  • Sunday, September, 2021| Today's Market | Current Time: 04:15:57
  • Oil falls below USD 82 in Asian trade

    Crude prices slid beneath USD 82 in Asian trade on Friday as the greenback staged a slight comeback against the euro, analysts said. New York’s main contract, light sweet crude for December delivery, fell 22 cents to USD 81.96 a barrel. Brent North Sea crude for December shed 16 cents to USD 83.43. Crude prices […]

    Oil prices mixed in Asia

    Oil prices were mixed in Asian trade on Thursday as a larger-than-expected rise in US gasoline reserves offset a spike in crude stockpiles,analysts said. New York’s main contract, light sweet crude for delivery in December, rose two cents to USD 81.96 a barrel. Brent North Sea crude for December was down a cent to settle […]

    Oil above USD 81 in Asian trade

    Oil prices bounced back in Asian trade on Friday on positive economic news from the United States and economic growth in Chinacoming within expectations, analysts said. New York’s main contract, light sweet crude for delivery in December, rose 58 cents to USD 81.14 a barrel. Brent North Sea crude for December delivery jumped 0.49 cents to USD 82.32. […]

    ONGC fuel subsidy bill up 15 pc in Q2

    State-owned Oil and Natural Gas Corporation’s fuel subsidy bill will increase by nearly 15 percent to Rs 3,019 crore in the second quarter this fiscal. PSU fuel retailers Indian Oil Corporation Ltd, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) together lost about Rs 11,295 crore in revenues on selling diesel, domestic […]

    IOC hikes petrol prices by 72 paise a litre

    Indian Oil Corporation, the nation’s largest fuel retailer, on Saturday hiked petrol prices by 72 paise a litre effective midnight tonight. IOC sources said after the hike, petrol in Delhi will cost Rs 52.55 a litre and the rate in other cities will vary depending on local taxes and levies. While Bharat Petroleum Corporation Ltd […]

    US welcomes pullout by Japan’s Inpex from Iran

    The United States has welcomed the decision by the Japanese oil company INPEX to withdraw from its investments in Iran; which follows similar decisions taken by other global companies like Reliance, Shell and Total. “The company’s actions are part of a strong and emerging consensus, not only of governments, but also from the private sector, […]

    BPCL raises fuel prices by Rs 0.70 a litre

    State-owned Bharat Petroleum Corporation Ltd (BPCL) on Friday hiked petrol price 0.70 a litre effective midnight tonight, while other PSU oil retailers are likely to follow suit in next couple of days. “Petrol price in Delhi was raised by Rs 0.70 per litre to Rs 52.55 per litre,” a company official said. Rate in other […]

    India offers 34 oil & gas blocks for exploration under NELP

    India on Friday offered 34 oil and gas blocks for exploration in the 9th round of New Exploration Licensing Policy (NELP). “Government is offering 34 blocks covering an area of 88,807 square km,” Petroleum Minister Murli Deora said. “Last date for bidding for blocks offered under NELP-IX is March 18, 2011,” he added. The blocks […]

    Oil Up In Asian Trade

    Crude prices climbed in Asian trade on Thursday as a weaker greenback and strong Chinese crude imports data buoyed markets, analysts said. New York’s main contract, light sweet crude for November delivery, gained 71 cents to USD 83.72 a barrel. Brent North Sea crude for delivery in November advanced 53 cents to USD 85.17 on […]

    Weaker dollar boosts oil prices

    Oil prices rose in Asian trade on Wednesday as traders took advantage of a weakening dollar to snap up crude futures, analysts said. New York’s main contract, light sweet crude for delivery in November, gained 38 cents to USD 82.05 a barrel. Brent North Sea crude for November delivery advanced 25 cents to USD 83.75. […]