Latest News on International Oil Prices
Showing of 0 - 10 from 16 results
International Oil Prices - Total results - 16
Nov 28, 2018
Petrol price slips below Rs 74-mark in Delhi for first time since April; six-week long rate cut wipes off all fuel hikesPetrol price in Delhi was cut by 50 paisa to Rs 73.57 per litre, according to a price notification issued by state-owned fuel retailers. This is the lowest petrol price since April.
Nov 05, 2018
Petrol price cut by 22 paise per litre in Delhi on Monday; total reduction reaches Rs 4.27 in 19 days on softer international oil ratesPetrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on 4 October.
Oct 26, 2018
Petrol price cut by Rs 2 per litre, diesel by Re 1 in last eight days on softening of crude oil ratesIn Delhi, petrol now costs Rs 80.85 per litre and diesel is priced at Rs 74.73 a litre
Oct 11, 2018
Airline stocks fly high, gain up to over 7% after government cuts excise duty on jet fuelShares of InterGlobe Aviation (IndiGo) zoomed 7.44 percent, Jet Airways soared 4.70 percent and SpiceJet 4.69 percent on BSE.
Jul 05, 2018
Fuel rates: Petrol, diesel prices hiked for first time in over a month on higher crude oil prices and weakening rupeeThe increase of 16 paisa a litre in petrol and 12 paisa per litre in diesel came after an 8-day self-imposed hiatus in rate revisions by state-oil firms in anticipation of softening international rates due to OPEC decision to raise output by 1 million barrels per day
Jun 18, 2018
Oil minister Dharmendra Pradhan to press for 'responsible crude pricing' at upcoming OPEC meetingRetail prices of petrol and diesel are ruling at Rs 75 a litre and Rs 68 a litre amid the global surge in crude prices.
Jun 14, 2018
Petrol, diesel rates: After thirteen serial cuts, prices left unchanged for two successive daysPetrol and diesel price were last revised on 12 June when they were cut by 15 paise and 10 paisa a litre, respectively
Jun 13, 2018
India discusses 'oil buyers club' with China; seeks US crude to counter OPECWith oil producers' cartel OPEC playing havoc with prices, India discussed with China the possibility of forming an 'oil buyers club' that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block
Jun 07, 2018
Oil minister Dharmendra Pradhan says petrol, diesel will not be allowed to go out of reach of common manBlaming geopolitics of oil, exchange rate fluctuations and local taxes for petrol and diesel prices touching a record high, oil minister Dharmendra Pradhan said the government is sensitive and will ensure that "poor, middle class are not pained."
Jun 06, 2018
RBI monetary policy: Central bank marginally revises inflation forecast upwardsTaking in account various factors, RBI revised the CPI inflation for 2018-19 to 4.8-4.9 percent in first half of the fiscal and 4.7 percent in the latter, including the HRA impact for central government employees, with risks tilted to the upside