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Oil Latest Videos

Oil Latest News

  • Oil prices jumped over 2% to a 13-week high on Wednesday as U.S. demand for gasoline keeps rising despite record pump prices, while expectations that China's oil demand will increase faced growing supply concerns in several countries, including Iran.
    Oil Jumps To 13-Week High On Rising U.S. Gasoline Demand
  • Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer.
    Saudi Arabia Hikes July Crude Prices Surprisingly High For Asia Buyers
  • The ban on seaborne imports of Russian oil will be imposed with a phase-in period of six months for crude oil and eight months for refined products, a European Commission spokesperson said.
    EU Agrees Russian Oil Sanctions, Gives Hungary Exemptions
  • Iranian forces seized two Greek tankers in the Gulf, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast.
    Iran Says Crew Of Two Seized Greek Tankers Not Detained And Are On Board
  • U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
    U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar

Reviews

  • Castrol has launched the Vecton RX Fuel Saver 10W-40, diesel engine oil which was co-engineered by Castrol and Tata Motors. The oil is designed to increase the fuel efficiency of Tata trucks by 3%, which will not only save substantial amounts of diesel but also operating costs for these trucks.
    Castrol Launches Vecton RX Fuel Saver Diesel Engine Oil
  • Mahindra Two Wheelers Ltd. (MTWL) has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for a genuine engine oil to be used for their 110cc bikes.
    Mahindra Two Wheelers & HPCL develop Miles+ Engine oil for 110cc bikes