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News
global crude oil prices
Global crude oil prices News
Excise duty on petrol
03 Jul 2016
Government may not cut excise duty on petrol, diesel for now
Government may not cut excise duty on petrol and diesel in the near-term if it accepts the suggestions made in the approach paper submitted by Chief Economic Adviser for maintaining status quo when oil prices can climb by another USD 15 a barrel.
OPEC price war
12 Jan 2015
OPEC price war in Asia intensifies as oil falls below $50
The United Arab Emirates (UAE) last week joined Kuwait and Iraq in pricing crude they sell to Asia below that of OPEC`s top producer Saudi Arabia.
China
21 Oct 2014
Oil prices rise on Chinese data
Oil prices rose today as caution returned after a weak rally spurred by upbeat industrial production data from China, the world's top energy consuming nation, analysts said.
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