Tag: crude oil

Petrol prices on Tuesday breached the psychological barrier of Rs 90 and touched a scorching Rs 90.11 in Maharashtra's Parbhani - a new record in India, an official said.....

Petrol and diesel prices continued the upward trend on Friday with petrol selling at Rs 80/litre and diesel at Rs 70.55/litre in Mumbai.....

Price of West Texas Intermediate (WTI) crude in the US has again turned negative due to high supplies and shortage of storage facilities.....

The Reserve Bank of India (RBI) is expected to hold key interest rates at its final monetary policy review for this fiscal on Wednesday -- its second after November's note ban -- in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.....

Global oil prices rose more than 1.8 percent on Saturday, but analysts remained cautious about record-high crude inventories.....

Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks.....

DMK President M.K. Stalin on Friday said his party will actively participate in the Bharat Bandh called by the Congress on September 10 against the oil price hike.....

Petrol retail rates finally breached the Rs 90 mark in Mumbai by touching Rs 90.08 per litre here on Monday, but stood much higher elsewhere in the state, industry officials said.....

A total of 400 petrol pumps, many with CNG dispensing units, began a day-long strike on Monday in protest against Delhi government's refusal to reduce VAT on fuels. ....

Fuel prices continue to soar on Tuesday. In Delhi, petrol rates surged to Rs 74.61 a litre, the highest since November 25 last year. Diesel was selling at Rs 67.47 a litre in the national capital.....