Last Updated: Monday, December 1, 2014, 18:24
Losses on sale of subsidised LPG and kerosene have dropped by 21 percent to Rs 148 crore per day as international oil rates hit a five-year low.
Last Updated: Monday, December 1, 2014, 15:28
A 14.2-kg cylinder of non-subsidised LPG will now cost Rs 752, down from Rs 865 previously, in Delhi, oil companies announced on Monday.
Last Updated: Friday, November 28, 2014, 16:13
The sell-off continued on Friday with Brent reaching a low of $71.12, its weakest since July 2010. By 0945 GMT, Brent had recovered a little to trade around $71.90, down 68 cents.
Last Updated: Friday, January 3, 2014, 19:20
Petrol price was Friday hiked by 75 paise and diesel by 50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production.
Last Updated: Tuesday, October 15, 2013, 18:38
Petrol prices will remain unchanged this fortnight as oil companies on Tuesday decided to monitor movements in international oil rates and the value of the rupee before taking a decision.
Last Updated: Tuesday, September 3, 2013, 09:41
Oil prices eased in Asian trade today on receding fears of an immediate US intervention in Syria but upbeat global economic data capped losses, analysts said.
Last Updated: Wednesday, June 12, 2013, 18:03
OPEC continues to pump more oil despite sluggish economic growth dampening an increase in demand, the International Energy Agency said on Wednesday.
Last Updated: Friday, March 15, 2013, 19:03
While petrol price has been cut by Rs 2 per litre, excluding local sales tax or VAT, there will be no change in diesel rates.
Last Updated: Friday, August 31, 2012, 20:22
Jet fuel price was Friday hiked by a steep 7.6 percent, the biggest ever increase that took ATF price to all-time high of Rs 72,282 per kilolitre.
Last Updated: Monday, June 4, 2012, 13:32
The trading sentiment weakened after crude oil fell to the lowest in almost eight months in global markets on signs of an economic slowdown in the US and China.
Last Updated: Wednesday, April 25, 2012, 09:39
Oil prices rose slightly to nearly USD 104 a barrel Wednesday in Asia after a report showed US crude supplies unexpectedly fell, suggesting demand may be improving.
Last Updated: Monday, April 9, 2012, 11:17
Oil prices fell to near USD 102 a barrel Monday in Asia amid hopes international talks this week may help avoid military action over Iran's nuclear program.
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