Economic TimesFuel price cut by oil firms was one-time move: Finance MinistryEconomic TimesNEW DELHI: The petrol and diesel price cuts made earlier this month by state-run oil marketing companies was a "one-time measure", and the government has n …

Business InsiderAn icebreaker just tested a first-of-its-kind system that can slurp up oil spills in the frigid ArcticBusiness InsiderHELSINKI (AP) — A Finnish icebreaker has conducted an oil spill response exercise in the Baltic Sea, testing a new, inbuil …

Economic TimesIOC, BPCL & HPCL likely to take Rs 4500-crore hit in FY19Economic TimesPrice controls, earning cuts and forecasts that crude oil, currently at about $85, will soar above $100 in a few months, hammered the shares of oil companies on Thursd …

The PunchFloating oil cargoes signpost dangerThe PunchFRESH news that cargoes of Nigerian crude oil are on the high seas, seeking buyers, is a prophecy foretold coming to pass. Oil, as a major revenue earner, many have long warned, has a dim future, given …

Telegraph.co.ukPetrochemicals to become dominant driver of oil demand growth — IEAFinancial TimesPetrochemicals are rapidly becoming the biggest driver of global oil consumption — ahead of trucks, aviation and shipping — accounting for more than a third of …

ReporterNews.comAlex Mills: Decline in Iranian exports pushes up crude oil pricesReporterNews.comNews of sharp declines of oil exports from Iran have made many traders fearful of a supply shortage. Iranian exports hit a low level with a decline of about 25 …

Economic TimesState elections prompt reduction in oil pricesEconomic TimesWith international crude prices expected to go up, resulting in increase in domestic fuel prices, the government felt the urgency to cut excise duty apart from asking oil marketing c …

New York TimesChinese Oil Company Official Talked Arms Deals and Evading Iran Sanctions, US SaysNew York TimesThen, last year, prosecutors in the United States arrested one of its top executives, accusing him of bribery in an effort to secure oil rights in …

Financial TimesIEA chief warns big producers are failing to rein in oil prices ...Financial TimesThe head of the International Energy Agency is calling on oil-producing countries to ramp up output further, saying increases in recent months had failed to re …

Oil Quarterly: European fuel oil market to remain tight as refinery upgrades come onlineS&P Global PlattsLondon — A tighter supply picture is dominating the outlook for the high sulfur fuel oil market in the fourth quarter of the year as Russian exports fa …