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From Mumbai offshore wells, HOEC begins oil production and gas sales

On June 8, Hindustan Oil Exploration Company (HOEC) announced that oil production and gas sales from Mumbai offshore wells D-1…

Crude oil tops $100 as Russian forces invade Ukraine; Gold prices rise sharply

Global crude oil and gold prices soared on February 24 after Russian President Vladimir Putin announced military action in Eastern…

Saudis cut oil prices to woo buyers as OPEC+ boosts supply

By Administrator_ India Capital Sands Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount…

Oil prices steady after US call for more oil raises supply

By Administrator_ India Capital Sands Oil prices were steady on Thursday following two days of gains after a call from…

Oil Up, OPEC+ Delays Meeting on Production Policy

By Administrator_ India Capital Sands Oil was up Wednesday morning in Asia after the OPEC+ delayed its meeting this week…

Oil Holds Above $73 as Shrinking U.S. Stockpiles Tighten Market

By Administrator_ India Capital Sands Oil held above $73 a barrel as shrinking U.S. crude and fuel stockpiles added to bullish sentiment…

Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand

By Administrator_ India Capital Sands Oil was up Friday morning in Asia, ending the week by extending gains from the…

Oil settles higher on stronger demand outlook as U.S inventories fall

By Administrator_ India Capital Sands Oil prices settled higher on Wednesday as a drop in U.S. crude stockpiles reinforced expectations of improving…

Oil tumbles with bearish market structure showing weak demand concern

By Administrator_India Capital Sands Oil slumped as a string of renewed lockdown measures in Europe stoked concerns about the demand…

Oil Surges as Investors Bet Commodity Demand to Take Off

By Administrator _India Capital Sands Oil surged as traders and investment banks see global supplies rapidly tightening in response to…