Crude Price

Petrol, diesel hike: Centre, states must reduce excise duty, VAT on fuel, says Sachin Pilot

Pilot alleged that the BJP government had burdened people by levying more taxes on petrol products.

#Explained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?

Consumers should not expect the prices of petrol and diesel to fall even if the crude prices decline more, because the government will continue increasing the excise duty on these fuels

Indian Oil loss widens to Rs 2,636.80 cr in Q3, falling oil prices harm

Inventory loss arose because IOC has inland refineries, where reaching imported crude oil takes time.

Crude price slump a boon for India, says RBI

Crude oil was dealt another blow Tuesday when key Opec member the UAE said the group could not stop world prices plunging and called for a cut in US shale oil output.