The Minister of State (I/C) for Petroleum & Natural Gas, Dharmendra Pradhan informed the Rajya Sabha in a written reply today that according to World Energy Outlook-2015, a recent release of International Energy Agency, India’s oil…
Heavy reduction in petrol, diesel prices in India likely, as oil prices are inching closer to a 11-year-old low. The cut could be Rs 4-5 per litre although more should be done.
The international crude oil price of Indian Basket as…
Petrol price has been cut by 2 rupees 41 paise a litre and diesel by 2 rupees 25 paise including VAT following a decrease in the international fuel prices. The new rates came into effect from midnight of October 31 and November 1.
Fuel…
Global crude oil prices dropped to $84 per Barrel on Wednesday after the West's energy watchdog slashed its forecasts for world oil demand for this year and 2015.
The price fall of crude oil in the international market raise hopes to…