Tag: Oil Prices

Why and What Impact Does Global Oil Crisis Means for India
Global, Americas

Why and What Impact Does Global Oil Crisis Means for India

SMEStreet Desk- April 21, 2020

According to experts investors had bought May futures contracts which are due or expiring next week. Now, due to an over-supply panic-driven investors are selling ... Read More

Oil Prices Crashed to $0 Per Barrel: Worst Economic Impact of COVID-19
COVID-19, News

Oil Prices Crashed to $0 Per Barrel: Worst Economic Impact of COVID-19

SMEStreet Desk- April 21, 2020

It is yet another first in history, the global Oil prices have crashed to $0 a barrel. This is considered to be the most dangerous ... Read More

Oil Prices Goes Up After OPEC Agree on Output Cut
Global, Middle East & Africa

Oil Prices Goes Up After OPEC Agree on Output Cut

SMEStreet Desk- April 13, 2020

Brent crude prices rose by 4.19 per cent or $1.32 per barrel to $32.80 while the West Texas Intermediate (WTI) crude was priced at $23.87 ... Read More

Excise Duty on Petrol Hiked By Rs 3
News, Energy

Excise Duty on Petrol Hiked By Rs 3

SME STREET- March 15, 2020

Retail prices of petrol and diesel will not be impacted by the tax changes as state-owned oil firms adjusted them against the recent fall in ... Read More

Africa’s Biggest Economy Props For Big Hit As Oil Prices Plunge
Africa, Global

Africa’s Biggest Economy Props For Big Hit As Oil Prices Plunge

SMEStreet Desk- March 14, 2020

The International Monetary Fund (IMF) on Thursday said it will be working intimately with the Nigerian experts in the coming days to evaluate any vulnerabilities ... Read More

Oil Prices Crashes Over 20 % After Saudi Arabia’s Top Exporter Started Price War
Global, Middle East & Africa

Oil Prices Crashes Over 20 % After Saudi Arabia’s Top Exporter Started Price War

SMEStreet Desk- March 9, 2020

The two main contracts both lost about a fifth of their value in morning Asian trade, with West Texas Intermediate sliding to about USD 32 ... Read More

Saudi Minister Assured India For Routine Oil Supplies
Global, Middle East & Africa

Saudi Minister Assured India For Routine Oil Supplies

SMEStreet Desk- September 20, 2019

Saudi Oil Minister Prince Abdulaziz bin Salman assured his Indian counterpart Dharmendra Pradhan of meeting all oil supply commitments to India as the Kingdom looks ... Read More