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'global oil' - 7 Search Result(s)

  • crude price slump a boon for india says rbi

    Crude price slump a boon for India, says RBI

    January 14, 2015 8:57 IST

    Mumbai: The dramatic fall in global crude prices is a big boost for India as it can bring down the country's annual oil import bill by about $50 billion, RBI deputy governor Urjit Patel said

  • oil prices drip down to 45 per barrel lowest in six years

    Oil prices drip down to $45 per barrel, lowest in six years

    January 14, 2015 12:15 IST

    New Delhi: Bringing yet more smiles on the faces of consumers, global oil prices have slid to a low of $45 a barrel on Tuesday, lowest in last six years. Although the news about crude

  • falling oil prices good for economy and middle class white

    Falling oil prices good for economy and middle class: White House

    World | January 06, 2015 10:19 IST

    Washington: Observing that it is monitoring the steep drop in oil prices, the White House has said that the falling oil price is good for the American economy and the middle class."This is something that

  • venezuela blames us for global oil price slump

    Venezuela blames US for global oil price slump

    World | October 17, 2014 12:55 IST

    Caracas: Venezuelan President Nicolas Maduro has blamed Washington for the slump in global oil prices.Washington was "flooding" the market with cheaper shale oil to bring down prices and ultimately impact Russia and other oil-producing nations,

  • oil slumps to two year low on iea demand downgrade

    Oil slumps to two-year low on IEA demand downgrade

    September 12, 2014 9:44 IST

    London: Global oil prices hit a two-year low today after the International Energy Agency cut its forecasts for world demand, with the market also weighed down by plentiful supplies, analysts said.In earlier London trade, Brent

  • global oil prices slip amid greece talks

    Global oil prices slip amid Greece talks

    World | November 26, 2012 23:46 IST

    London, Nov 26: Oil prices slid today but losses were capped as markets awaited the outcome of a eurozone finance ministers' meeting, which is aimed at unlocking the next slice of bailout cash to debt-plagued

  • oil companies hint at cut in petrol prices in june

    Oil companies hint at cut in petrol prices in June

    May 24, 2012 19:52 IST

    New Delhi, May 24:  A day after raising petrol price by a whopping  Rs 7.54 a litre, state-owned oil companies today indicated that rates may be cut at the next revision cycle due early next