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Oil Rates Latest News

  • Oil prices hit a two-month high at $121 per barrel as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports.
    Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
  • Crude prices had surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tensions between Russia and the West.
    Oil At Seven-Year High As Ukraine Crisis Overshadows Fed
  • Oil prices bounced as worries over China's fuel demand were soothed by the central bank's pledge to support an economy hit by renewed COVID-19 curbs.
    Oil Steadies After Sharp Fall; Focus On China Growth
  • Oil extended gains to seven-year highs above $90 a barrel on Thursday as the Ukraine crisis outweighed signs that the U.S. Federal Reserve will tighten monetary policy.
    Oil At Seven-Year High As Ukraine Crisis Overshadows Fed
  • Oil prices extended gains on Monday as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were contained by renewed lockdowns in several countries.
    Oil Prices Extend Gains On COVID-19 Vaccine Hopes, OPEC+

Reviews

  • Carmakers in the country believe the reduction in interest rates announced by State Bank of India (SBI) and HDFC Bank is not enough to help in increasing sales. A consortium led by Maruti Suzuki India said the complete benefits of RBI's rate cuts should be passed on.
    Carmakers: Interest Rates on Car Loans Should be Reduced Further
  • 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