Labour ministry extends public utility service status for products related to oil  Economic TimesLabour ministry has extended the public utility *service* status for all industry involved in production and manufacturing of mineral oil, motor and …

ReutersRenewed oil weakness sparks demand fearsReutersMounting fears that demand has fallen short of expectations as production increases and rig counts rise has analysts believing that any oil price recovery may be a year or more in the future. The demand …

Business StandardCrude oil cheaper than drinking waterBusiness StandardLate Murli Deora, petroleum minister in the United Progressive Alliance government, used to say kerosene oil was sold to the public at a price lower than packaged drinking water. Those …

Financial TimesBig five US investment banks hurt by China and oilFinancial TimesNervous investors sat on their hands as the persistently weak oil price combined with mounting fears over China, he said. Jitters had continued into the new year, Mr Hawken add …

Motley FoolOil Stocks: 2015 Was the Year That Risk Became a RealityMotley FoolFor example, Whiting Petroleum would go on to highlight that one of the factors that could impact the price of oil and gas was "the actions of the Organization of Petroleum …

Business InsiderOil eyes 5-week low after surprise US supply climbMarketWatchOil futures headed toward their lowest settlement in nearly five weeks after U.S. government data revealed an unexpected increase in weekly crude supplies. Indications that the Or …

ReutersRed-hot fuel demand can't shore up the oil price aloneReutersGrowing stocks, and early stress signals for some oil products, such as diesel, are throwing a cautionary signal to those who believe the shale oil-driven glut in physical crude market …