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Oil companies may soon start losing money on sale of petrol too

With the rupee falling to new lows against the dollar and the Syrian crisis pushing global crude oil prices higher, the concerns that Indian oil marketing companies might again start losing money......

Crude shock awaits oil companies

International crude oil prices on Tuesday climbed to a six-month high, even as fears over heightened action in the Western world gave the Indian petroleum sector underrecovery jitters. With the......

Victim of falling rupee: Indian crude basket

Even as the rupee keeps falling to touch new lows, the Indian crude oil basket has hit an all-time high in rupee terms. It was at Rs 6,706.23 per barrel on Friday -- $108.48 per barrel in dollar......

Petrol prices may be CUT next week

With global oil rates softening, state-owned oil companies may next week cut petrol price by about Rs 0.80 per litre which could be the first reduction since January 2009. Global oil prices fell......

Not jugglery, can ride fiscal number game: Finmin

Others may call the Union government's fiscal deficit targets unrealistic, but the finance ministry says it would keep this at 4.6 per cent of GDP during 2011-12, as projected in the Budget, even......
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Oil Prices Retreat

By Timothy Puko U.S. oil prices slipped Friday as crude traders refocused on signs of oversupply. Light, sweet crude for June delivery lost 59... ...

http://in.advfn.com/news_Oil-Prices-Retreat_66567009.html
U.S. Oil Prices Hit 2015 High on Supply Expect…

By Nicole Friedman U.S. oil prices rose to their highest level of the year on Thursday after a data provider reported crude-oil supplies fell at... ...

http://in.advfn.com/news_U-S-Oil-Prices-Hit-2015-High-on-Supply-Expectations_66546948.html
Oil Prices Rise on Drop in Gasoline Supplies

By Nicole Friedman Oil prices rose on Thursday as a drop in U.S. gasoline supplies boosted petroleum-product prices. Light, sweet crude for... ...

http://in.advfn.com/news_Oil-Prices-Rise-on-Drop-in-Gasoline-Supplies_66546656.html
Oil Prices Waver on Revived Middle East Tensions

By Timothy Puko and Georgi Kantchev Oil prices flipped to small gains Wednesday on revived tensions in the Middle East and an influx of... ...

http://in.advfn.com/news_Oil-Prices-Waver-on-Revived-Middle-East-Tensions_66522778.html
Oil Slips on Rising U.S. Stockpiles, Saudi Ending Yemen...

By Eric Yep Crude-oil futures slipped in Asian trade Wednesday as U.S. oil stockpiles are expected to continue rising and after Saudi Arabia... ...

http://in.advfn.com/news_Oil-Slips-on-Rising-U-S-Stockpiles-Saudi-Ending-Yemen-Airstrikes_66513723.html

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