Oil Price Hike
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How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
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Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
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Many Germans Open To A Weekly Car-Free Day To Reduce Dependence On Russian Oil Imports
The Civey poll for broadcaster WELT showed that 48% would support a weekly car-free Sunday to help reduce imports of Russian oil, which leaves many Germans with a sense of guilt that their driving habits are bankrolling President Vladimir Putin.
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Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
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India's October Retail Inflation Accelerates To 4.48% YoY
India's annual retail inflation rose to 4.48% in October compared with 4.35% in the previous month, government data released on Friday showed. Analysts in a Reuters poll had predicted annual inflation at 4.32%.
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Centre Slashes Fuel Prices By Rs 2.50, 13 States Follow: 10 Points
Union Finance Minister Arun Jaitley today offered relief to the people from the skyrocketing oil prices by slashing oil duty by Rs. 1.50. The oil marketing companies will cut prices by another Rs 1 - a first since fuel prices were deregulated. The minister has appealed to the states to match the cut, so prices will come down by Rs 5. The Congress c...
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9 Hikes In 9 Days, Minister To Meet Oil Companies, Say Sources: 10 Facts
The government is likely to intervene to bring down the rising prices of petrol and diesel, sources said. Petroleum Minister Dharmendra Pradhan will meet representatives of the oil companies this evening after which prices may be reduced, sources said. Petrol prices rose again this morning, marking the ninth straight day of oil price hike and bring...
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Oil reaches four-month high as Middle East tensions flare
Brent crude prices rose to a 4-month high over $110 a barrel on Wednesday on concerns about supply disruptions in Libya and escalating violence in Egypt.
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Oil companies may hike petrol prices by over Rs 2 today
Will petrol prices be hiked again today? Oil companies are likely to revise rates with a Rs 2.10 - 2.13 per litre increase in petrol price saying that it is needed because of a weakening rupee.
-
How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
-
Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
-
Many Germans Open To A Weekly Car-Free Day To Reduce Dependence On Russian Oil Imports
The Civey poll for broadcaster WELT showed that 48% would support a weekly car-free Sunday to help reduce imports of Russian oil, which leaves many Germans with a sense of guilt that their driving habits are bankrolling President Vladimir Putin.
-
Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
-
India's October Retail Inflation Accelerates To 4.48% YoY
India's annual retail inflation rose to 4.48% in October compared with 4.35% in the previous month, government data released on Friday showed. Analysts in a Reuters poll had predicted annual inflation at 4.32%.
-
Centre Slashes Fuel Prices By Rs 2.50, 13 States Follow: 10 Points
Union Finance Minister Arun Jaitley today offered relief to the people from the skyrocketing oil prices by slashing oil duty by Rs. 1.50. The oil marketing companies will cut prices by another Rs 1 - a first since fuel prices were deregulated. The minister has appealed to the states to match the cut, so prices will come down by Rs 5. The Congress c...
-
9 Hikes In 9 Days, Minister To Meet Oil Companies, Say Sources: 10 Facts
The government is likely to intervene to bring down the rising prices of petrol and diesel, sources said. Petroleum Minister Dharmendra Pradhan will meet representatives of the oil companies this evening after which prices may be reduced, sources said. Petrol prices rose again this morning, marking the ninth straight day of oil price hike and bring...
-
Oil reaches four-month high as Middle East tensions flare
Brent crude prices rose to a 4-month high over $110 a barrel on Wednesday on concerns about supply disruptions in Libya and escalating violence in Egypt.
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Oil companies may hike petrol prices by over Rs 2 today
Will petrol prices be hiked again today? Oil companies are likely to revise rates with a Rs 2.10 - 2.13 per litre increase in petrol price saying that it is needed because of a weakening rupee.
