APN News

  • Wednesday, December, 2020| Today's Market | Current Time: 12:08:51
  • State-owned oil firms raise jet fuel price by 3.4%

    The state-owned oil firms today raised jet fuel price by 3.4 per cent in line with spike in crude oil prices. Aviation turbine fuel or ATF rates in Delhi have been hiked by 1,870 rupees per kilolitre to 54,933 rupees per kiloletre with effect from midnight tonight. This was announced by an official of Indian […]

    Oil higher as turmoil in Libya continues

    Oil was higher in Asian trade on Wednesday as the turmoil unfolding in the Arab world continued to rock Libya, a major crude exporter, analysts said. New York’s main contract, light sweet crude for April delivery, rose four cents to USD 95.46 per barrel. Brent North Sea crude for delivery in April went up 22 […]

    ONGC has 1.7 bn tonne oil reserves in domestic, foreign fields

    State-owned Oil and Natural Gas Corp (ONGC) has over 1.7 billion tonnes of oil reserves in its domestic and foreign fields, according to independent audits. ONGC’s 64 domestic fields have a total reserve of 1.06 billion tonnes of oil and oil equivalent natural gas while its 12 properties in countries like Russia and Sudan hold […]

    Crude up in Asian trade

    Oil was up in Asian trade on Friday as persistent tensions in the Middle East and North Africa continued to push prices higher, analysts said. New York’s main contract, light sweet crude for delivery in March, gained a cent to USD 86.37. Brent North Sea crude for April delivery rose two cents to USD 102.61. […]

    Brent past USD 104 in Asia on Middle East tensions

    Oil surged past USD 104 in Asian trade on Thursday as inflamed geopolitical tensions in the Middle East drove crude supply concerns, analysts said. Brent North Sea crude for delivery in April added 49 cents to USD 104.27 per barrel, and New York’s main contract, light sweet crude for March delivery gained 27 cents to […]

    Oil rebounds in Asia, Brent crude above USD

    Oil prices were higher in Asian trade thursday on persistent concerns over the situation in Egypt where the embattled government has warned of a military crackdown against protesters. New York’s main futures contract, light sweet crude for March, climbed 19 cents to USD 86.90 a barrel. The contract fell overnight on rising US crude stockpiles, […]

    Oil hovers around USD 102 in Asian trade

    World oil prices remained high in Asian trade on Friday, with the market under pressure from the ongoing political crisis in Egypt where anti-government protests have turned violent. New York’s main futures contract, light sweet crude for March, was up five cents to USD 90.91. Brent North Sea crude for delivery in March advanced 25 […]

    India to pay for Iranian crude oil in Euro

    Ending weeks of uncertainty, India on Thursday decided to pay for Iranian crude oil in euro through a German bank based in Hamburg. Disclosing this in New Delhi, a finance ministry official said, the conduit was decided at a high level meeting chaired by National Security Advisor Shiv Shankar Menon. SBI will route euro payments […]

    Govt watching crude prices, will manage: Pranab

    Concerned over a spike in crude oil prices in international markets due to turmoil in the Middle East, Finance Minister Pranab Mukherjee on Wednesday said the government is monitoring the situation and will manage it. “Unfortunately, because of developments in the Middle East and its impact on the Arab world… (it) is causing uncertainty about […]

    Oil up in Asia amid Egypt concerns

    Oil rose in Asian trade Wednesday, with Brent crude within a whisker of breaching USD 102 a barrel again as the unrest in Egypt continued to weigh down investor mood. New York’s main contract, light sweet crude for March delivery gained two cents to USD 90.79 and Brent North Sea crude, also for delivery in […]