Crude oil price today in india per barrel

Crude Oil Price in Indian Rupee WTI Crude Oil Price in INR 1 Liter Crude Oil : 36.48 INR 1 Barrel Crude Oil: 5800.33 INR 1 Barrel Today Low: 5771.01 INR 1 Barrel Today High: 5786.41 INR Today, 1 USD = 81.9129 INR 1 Barrel = 159 Liters Electricity Price in INR Electricity Residential 6.09 INR Electricity Commercial: 8.57 INR Last 30 Day's INR Rate Date 1 USD to INR 2023-06-15 81.889 INR 2023-06-14 81.993 INR 2023-06-13 82.304 INR 2023-06-12 82.37 INR 2023-06-11 82.424 INR 2023-06-10 82.424 INR 2023-06-09 82.426 INR 2023-06-08 82.458 INR 2023-06-07 82.632 INR 2023-06-06 82.506 INR 2023-06-05 82.513 INR 2023-06-04 82.398 INR 2023-06-03 82.398 INR 2023-06-02 82.4 INR 2023-06-01 82.306 INR 2023-05-31 82.699 INR 2023-05-30 82.722 INR 2023-05-29 82.588 INR 2023-05-28 82.576 INR 2023-05-27 82.565 INR 2023-05-26 82.571 INR 2023-05-25 82.728 INR 2023-05-24 82.685 INR 2023-05-23 82.897 INR 2023-05-22 82.856 INR 2023-05-21 82.84 INR 2023-05-20 82.84 INR 2023-05-19 82.841 INR 2023-05-18 82.724 INR 2023-05-17 82.447 INR What is the Fuel Prices in India? Welcome to the Petroleum (Gasoline oil, Diesel, Petrol, Crude Oil, LPG, Electricity) prices in India per Litre, Barrel, and Gallon.. We provide the prices of both commercial and residential tariff of all types of energy in indian rupee. This page is about the different units of Gasoline (aka Petrol), Diesel, LPG, Gass, Kerosene, Heating Oil, Electricity, Crude oil, etc. The above informations are provide subject to our policies, disclaim...

The growing uncertainty in the global economy over the Ukraine crisis and its disruption to trade and shipping services following sanctions on Russia, the Brent crude oil futures jumped to $130.89 per barrel early on Monday, the highest in more than 14 years. This is set to significantly increase India's import bill on crude oil in the coming weeks. India imports over three-fourths of its oil needs. Oil prices soared above $130, their highest since 2008 on Monday, as the risk of a US and European ban on Russian oil imports and delays in Iranian talks triggered tight supply fears, after having climbed over 20% last week. "Crude prices posted their highest weekly gains since the middle of 2020. Brent prices gained 21 per cent, and WTI posted 26 per cent gains. Russia exports 4 million to 5 million barrels of oil daily, making it the second-largest crude exporter in the world after Saudi Arabia. We expect crude oil prices to remain firm amid geo-political tensions and rising demand," said Rahul Kalantri, Vice President Commodities at Mehta Equities. Global crude oil prices have risen from around $80 per barrel on November 4, 2021, to over $130 per barrel today, an increase of about 60 per cent, since the last revision in retail prices of petrol and diesel in India four months ago on November 4, 2021. The last revision in retail prices of Petrol-Diesel in Delhi took place on December 1, 2021, when the Delhi Government announced a sharp reduction in VAT. A senior official had t...

The average price of Indian basket crude oil was estimated to reach 72.95 U.S. dollars per barrel in the financial year 2022. While Indian basket crude oil prices have fluctuated during the reported period, this figure significantly increased from the previous year’s average of 44.82 U.S. dollars. The average price of crude oil went up marginally around the financial year 2012, touching almost 112 U.S. dollars per barrel. Recent trends in the Indian oil industry The last several years have seen a slight but The future of the Indian energy sector As the The most important statistics • Onshore production volume of crude oil India FY 2012-2022 • Import volume of crude oil into India FY 2012-2021 • Annual growth rate in import volume of crude oil into India FY 2012-2021 • Refinery capacity of crude oil in India FY 2012-2022 • Annual change rate in average crude oil price in India FY 2012-2021 The most important statistics • Petroleum products production volume India FY 2012-2022 • Annual growth rate in production volume of petroleum products India FY 2012-2022 • Consumption volume of petroleum products in India FY 2012-2022 • Annual growth rate in consumption volume of petroleum products India FY 2012-2022 • Import value of petroleum products in India FY 2011-2022 • Export value of petroleum products from India FY 2011-2022 • Premium Statistic Proved oil reserves in India 1990-2020 • Premium Statistic Oil demand in India 2013-2040 • Premium Statistic Estimated reserves share...

BENGALURU, June 12 (Reuters) - Oil prices fell by around $3 a barrel on Monday after analysts highlighted rising global supplies and concerns about demand growth just ahead of key inflation data and a U.S. Federal Reserve meeting later this week. Brent crude futures fell $2.95, or 3.9%, to settle at $71.84 a barrel, their lowest since Dec. 2021. West Texas Intermediate crude fell $3.05, or 4.4%, to settle at $67.12 a barrel. Goldman Sachs cut its oil price forecasts early on Sunday, citing higher-than-expected supplies later this year and through 2024. The bank's December crude price forecast now stands at $86 a barrel for Brent, down from $95, and at $81 a barrel for WTI, down from $89. "Goldman capitulating on their bullish price forecast appears to have been the catalyst to kickstart selling today," said Kpler analyst Matt Smith. The revision comes at the start of a busy week for the U.S. Federal Reserve, which meets on Wednesday. While the Fed is expected to leave interest rates unchanged this month, investors are concerned that rate hikes are likely to resume next month, said UBS analyst Robert Yawger. The Fed's rate hikes have strengthened the dollar, making commodities denominated in the U.S. currency more expensive for holders of other currencies and weighing on prices. "The Fed meeting and inflation pressures remain key issues for the market this week," said Rob Haworth, senior investment strategist at U.S. Bank Asset Management. "The more likely hold on interest ...

• Oil prices were up early on Wednesday morning, with WTI climbing above $70 per barrel and Brent trading at $75.20. • A combination of slowing inflation in the United States and China’s efforts to jump-start its struggling economy drove bullish sentiment. • Markets are now awaiting today’s interest rate decision by the Federal Reserve, with analysts expecting rate hikes to be paused. Slowing inflation in the United States and China’s determination to jump-start a struggling economy after the reopening pushed oil prices higher early on Wednesday as the market awaits Fed’s rate decision and the weekly report on U.S. oil inventories. As of early morning European trade on Wednesday, the U.S. benchmark, Oil prices were slightly higher early on Wednesday in Europe despite an estimate from the American Petroleum Institute (API) from late Tuesday that crude oil inventories in the United States Oil prices early on Wednesday extended the strong gains from Tuesday, which were driven by brighter inflation figures from the United States and evidence that China is already taking steps to boost its economic growth. The Chinese central bank cut a key short-term lending rate for the first time in 10 months, signaling it wants to spur the economic recovery. The world’s top crude oil importer is also considering a broad stimulus package to support the economy, sources with knowledge of the plans told In the United States, data on Tuesday showed that According to The higher chances of a Fed ...

Shares of Oil and Natural Gas Corporation and Oil India fell on June 20 tracking the sharp sell-off in global crude oil prices. Brent crude oil prices plummeted over 5 percent on Friday and have fallen nearly 10 percent over the past few days amid rising concerns over global demand for the commodity. Rising bets of a recession in the US and the European Union over the next 12 months along with slowing demand in China has forced traders to pare their optimism for the commodity despite persistent supply-side issues. “With rapidly slowing growth momentum and a Fed committed to restoring price stability, we believe a mild recession starting in Q4 2022 is now more likely than not,” investment bank Nomura said in a note on June 19. That said, global crude oil is still up 42 percent this year given concerns that supply will remain tight due to sanctions imposed by the West on Russian oil. Rising oil prices had been one of the driving forces behind the outperformance by ONGC and Oil India in 2022 so far. While shares of Oil India are still higher by 18 percent for the year, those of ONGC are now down 5.5 percent after the recent correction. Fuelling concerns over these stocks is the likely imposition of a windfall tax on the firms' earnings to compensate for the cuts in excise duty taken by the government to provide relief to consumers. Brokerages, however, still remain optimistic that crude oil prices will sustain above the $100 per barrel mark for the remainder of 2022-23 in eff...