Topics: Crude oil business

COMEX Gold registered a record 7-month high on Monday as it reached $1886.40/oz. However, the price ended slightly lower from the highs gaining by...

COMEX Gold inched up for the fourth consecutive session hitting a high near $1871/oz. Gold ended Wednesday's session with a gain of 0.70% at...

COMEX Gold started the year 2023 shining as it ended the first official session of the year with gains. Gold ended Tuesday’s session around...

In the late 80s, India faced a balance of payments crisis. Unable to pay for its oil imports (a fraction of what we import...

State-owned oil refinery company Chennai Petroleum Corporation Ltd on Friday said, 'It has recorded an inventory write-down of Rs 1,456 crore due to the...

The cabinet of Saudi Arabia has urged the OPEC+ countries to reduce the rate of oil production to restore balance in global crude markets. Quoting...

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...

Crude prices fell to their lowest levels in 18 years yesterday as markets fear the world may run out of storage space. There is...

India and Russia have finalised the broad contours of an ambitious government-to-government agreement for long-term import of crude oil by India from Russia's Far...