India's edible oil imports rose 22 pc in December 2022

Jan 15, 2023

Overall, the import of vegetable oils, including edible oils, during December 2022 is reported at 1.56 million tonne compared to 1.22 million tonnes in...

Oil marketing companies' FY24 combined profit rose over 25 times YoY

May 10, 2024

According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, over 25...

Oil prices jump as EU aims for Russian oil ban

May 05, 2022

New York [US], May 5 (ANI/Xinhua): Oil prices rose sharply on Wednesday after the European Union (EU) unveiled a plan to phase out Russian...

Oil prices surge more than USD 100 per barrel as Trump announces naval blockade of Strait of Hormuz

Apr 13, 2026

Oil prices rose sharply on Monday morning after United States President Donald Trump announced a naval blockade of the Strait of Hormuz.

Kuwait crude oil up USD 1.83 to USD 79.26 pb

Jul 07, 2023

The Kuwaiti crude oil price rose USD 1.83 during Thursday's trading sessions to reach USD 79.26 per barrel, compared with USD 77.43 pb last...

Kuwait crude oil up USD 2.07 to USD 77.11 pb

Jun 18, 2023

Kuwaiti crude oil price rose by USD 2.07 during Friday's trading sessions to reach USD 77.11 per barrel, compared with USD 75.04 pb the...