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Crude prices in Saudi Arabia have been raised, causing oil prices to rise

Oil prices jumped more than $2 in early trading on Monday as Saudi Arabia boosted pricing for its oil sales in July, indicating how...

Oil prices are rising as demand grows and supply tightens

Oil prices surged in early trade on Wednesday, buoyed by limited supplies and the expectation of increased demand as the US summer driving season...

Early trade saw oil prices rise on expectations of a revival in Chinese demand

In early Asian trade on Wednesday, oil prices jumped more than $1 a barrel on optimism of a revival in demand in China as...

Oil cos likely to absorb Rs 2 per litre excise duty on unblended petrol

The Rs 2 per litre excise duty on unblended fuel is not likely going to impact most consumers according to officials from oil marketing companies. This...

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