[ad_1] Aviation Turbine Fuel (ATF) prices were reduced by 2.2 per cent Saturday, reflecting a fall in international oil prices. Oil marketing companies, or OMCs, cut ATF, or fuel used […]
Tag: oil price
Oil prices extend drop as recession fears cloud global demand outlook
[ad_1] Brent crude futures fell 71 cents to $99.98 a barrel by 0013 GMT. WTI crude futures fell 62 cents to $97.91 a barrel. The declines follow a dramatic fall […]
Oil prices extend drop as recession fears cloud global demand outlook
[ad_1] Brent crude futures fell 71 cents to $99.98 a barrel by 0013 GMT. WTI crude futures fell 62 cents to $97.91 a barrel. The declines follow a dramatic fall […]
World oil prices fall on hope OPEC will offset Russia output loss
[ad_1] Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production. Brent crude was […]
Explained: Why US oil price has caught up with Brent
[ad_1] World oil markets experienced a rarity this week, as the price of the US benchmark contract, West Texas Intermediate, surpassed Europe’s Brent North Sea crude for the first time […]
Oil prices dive as US weighs release of 180 million barrels from reserves
[ad_1] Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up to 180 million barrels from its strategic petroleum reserve […]
Oil price hike may be delayed as crude plunges below $100
[ad_1] The price of petrol and diesel may not rise as much as feared because the price of crude oil has declined by about 30% after hitting an intraday peak […]