by pallanus | Jun 23, 2020 | Business News
Oil prices were steady on Tuesday, holding onto the previous session’s gains, amid more signs of fuel demand picking up after the depths of the coronavirus pandemic as major crude producers continue to stick to supply cuts. Brent crude was up 6 cents at $43.14 a...
by pallanus | Jun 8, 2020 | Business News
Oil prices rose more than 2 per cent early on Monday to their highest in three months after OPEC and its allies including Russia agreed to extend record oil production cuts until the end of July. Brent crude climbed to as high as $43.41 a barrel and was trading at...
by pallanus | Jun 6, 2020 | Business News
OPEC+ sources have said Riyadh and Moscow agreed to extend existing record cuts throughout July. File photo of OPEC HQ (Photo Credits: Reuters) OPEC and its allies led by Russia meet on Saturday over plans to extend record oil production cuts and to push countries...
by pallanus | Jun 1, 2020 | Business News
LPG rates are revised at the beginning of each month, taking into consideration international prices and the dollar-rupee exchange rate. Check the latest rates in your city. Non-subsidised LPG cylinder prices marginally hiked from today. (Photo:...
by pallanus | May 26, 2020 | Business News
The market was buoyed by comments from Russia that its oil output had dropped almost to its target of 8.5 million barrels per day (bpd) for May and June under the supply cut deal agreed by major producers (OPEC+). Illustration: Reuters Oil prices rose on Tuesday,...
