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‘Improved tech can cut emissions’

Technology holds the key to achieving the government’s goals of reducing carbon dioxide emissions and oil imports by 10 per cent and introducing BS-VI-compliant fuel across the country, according to Dharmendra Pradhan, Oil Minister. “To…

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Oil Prices Reach Fresh High for 2016

Oil prices reached a fresh year’s high on Wednesday, with U.S. prices breaking above $45 for the first time since November following data that showed a surprise fall in U.S. oil inventories. Brent crude, the…

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Oil retreats from 2016 highs on US crude build-up

Oil prices retreated from 2016 highs on Wednesday after US crude inventories built to record highs, with the market remaining in positive territory on bets that an upcoming US central bank policy statement will keep…