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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 Rises Ahead of Data Likely to Show Further Drop in U.S....

By Christian Berthelsen And Georgi Kantchev Oil prices rose Friday as traders anticipated another reduction in U.S. drilling activity and a... ...

http://in.advfn.com/news_Oil-Rises-Ahead-of-Data-Likely-to-Show-Further-Drop-in-U-S-Drilling_65661556.html
Sensex up 473 pts ahead of Union Budget; Nifty above 8800

It was a fantastic Friday on Dalal Street as the bulls staged a come back just before the Union Budget. Banks, capital goods and auto stocks led... ...

http://www.moneycontrol.com/news/local-markets/sensex473-pts-aheadunion-budget-nifty-above-8800_1315846.html
Oil Prices Fall Sharply on Bearish Supply Outl…

By Nicole Friedman U.S. oil prices slid to their lowest level in nearly a month Thursday as growing crude inventories weighed on the market.... ...

http://in.advfn.com/news_Oil-Prices-Fall-Sharply-on-Bearish-Supply-Outlook_65648994.html
Oil Drops as Markets Weigh Demand Signals, U.S. Supply

By Eric Yep Crude-oil futures fell in Asian trade Thursday, after strong grains in the previous trading session, as investors weighed indications... ...

http://in.advfn.com/news_Oil-Drops-as-Markets-Weigh-Demand-Signals-U-S-Supply_65633152.html
Diesel's Rally Screeches to a Halt--Update

By Timothy Puko Diesel prices dropped 8.5%, the heating fuel's largest one-day percentage decline since 2009, as the nearing end of winter put a... ...

http://in.advfn.com/news_Diesels-Rally-Screeches-to-a-Halt-Update_65614707.html

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