APN News

  • Wednesday, December, 2020| Today's Market | Current Time: 12:08:43
  • GAIL launches integrated gas management system

    Gas utility GAIL India said it has launched Asia’s first integrated gas management system to track all information on transmission and distribution of natural gas in the country. The SAP (application)-based Gas Management System, third of its kind in the world after Petrobras in Brazil and Pemex in Mexico, was launched at GAIL’s corporate office […]

    Crude higher in Asia on US equities rally

    Crude prices were up in Asian trade on Thursday, mirroring US stock markets as they rallied on a surge in private sector job creation in March, analysts said. New York’s main contract, light sweet crude for delivery in May, rose 28 cents to USD 104.55 per barrel. Brent North Sea crude for May delivery gained […]

    Crude oil jumps in Asian trade

    Crude prices rose in Asian trade on Monday. New York’s main contract, light sweet crude for delivery in April, gained 1.88 USD to 102.95 USD per barrel while Brent North Sea crude for May was up 2.14 USD to 116.07 USD.

    Oil firms hike jet fuel prices by 6 pc to Rs 58,310.45 per kl

    State-owned oil firms on Tuesday hiked jet fuel prices by a massive 6 per cent, the 11th rate increase in six months. Aviation turbine fuel (ATF) rates in Delhi have been hiked by Rs 3,377.09 per kilolitre (kl), or 6.14 per cent, to Rs 58,310.45 per kl with effect from midnight tonight, an official of […]

    Tsunami effect: Oil not well

    Oil prices continued to slide dropping below $100 per barrel for the first time in more than a week, after a massive earthquake and tsunami hit Japan. It is unclear how much Japan’s economy will be affected by the disaster but the tragedy has slowed down its economy. Japan is the third-largest oil importer in […]

    Oil hovers near $105 in Asia amid Libyan fighting

    The oil price hovered near $105 a barrel Tuesday in Asia, giving back some of the previous day’s gains but still near its highest level since late 2008 as battles raged between Libyan rebels and forces loyal to Muammar Qadhafi. Benchmark crude for April delivery was down 68 cents at $104.75 a barrel at late […]

    Oil rises in Asian trade, NY crude gushes over USD 106

    Oil rose higher in Asian trade on Monday with the New York contract surging past USD 106 in the afternoon, a new two-year high as turmoil in the Middle East continued to unsettle investors, analysts said. New York’s main contract, light sweet crude for April delivery, rose USD 1.76 to USD 106.18, while Brent North […]

    Oil price crisis to have serious policy implications: Pranab

    Finance Minister Pranab Mukherjee on Saturday apprehended rising oil prices following political turmoil in the Middle-East will have serious policy implications but expressed optimism of dealing with the situation. For a nation which imports two-thirds of its crude oil requirement through imports, spurt in rates may spell bad news as the Government will have to […]

    Oil up in Asia, NY crude above USD 102

    Crude prices resumed their upward path in Asian trade on Friday on doubts about Venezuela’s proposal to mediate in the crisis in oil-rich Libya, analysts said. New York’s main contract, light sweet crude for April delivery, rose 45 cents to USD 102.36 and Brent North Sea crude for April was up 21 cents at USD […]

    New York crude oil shoots back above USD 100 a barrel

    New York’s benchmark crude oil futures contract shot back above USD 100 a barrel in Asian trade on Wednesday as unrest in the Middle East and North Africa continued to rattle the markets. The contract for April delivery, known as West Texas Intermediate (WTI), climbed 63 cents to USD 100.26. The contract reached an all-time […]