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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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  People speak for brent sweet

  • QNA
Q. It is reported in the news that the oil price is gone upto $109 or so hence increase in price is inevitable. I have doubt that there are two prices for the crude. The sweet crude is selling well below the brent crude. Why not we take the price of sweet crude and fix up the price. Why we are taking the higher end of crude price and inform the people the the crude price is so high. What is the need to purchase higher cost crude when low price crude is available? Is it not possible to import more sweet crude and less brent crude and maintain the price within the control.- Are you aware of these
:  A. no please i only think that brent crude prices are being used as an excuse to make more profits for oil companies and more excise duty for government by keeping the local prices high more

Q. what is the Brent crude oil ??
Venkatesaldevarajan:  A. Brent Crude is the biggest of the many major classifications of crude oil consisting of Brent Crude, Brent Sweet Light Crude, Oseberg, Ekofisk, and...... more

Q. \"Gone with the wind\" - Who was the author of the novel? A short gist of film please?
Google:  A. The film opens on a large cotton plantation called Tara in rural Georgia in 1861, on the eve of the American Civil War where Scarlett O'Hara...... more

Mona Bernard
Q. What is difference between Brent and Crude ???
Mona Bernard:  A. Brent Crude is one of the major classifications of oil consisting of Brent Crude, Brent Sweet Light Crude, Oseberg and Forties. Brent Crude is...... more

  Web results for Brent Sweet
Brent Crude Falls Sharply

Oil prices dropped over 2.5% in European trade on Thursday morning as oil producers showed no signs of cutting back output despite the global glut.... ...
Oil Imports to U.S. Seen Climbing as Global Price Slumps

U.S. oil imports from West Africa and the North Sea will increase after global crude prices fell faster than the American benchmark, according to... ...
Oil Subdued, Brent Crude Hovers Around $94/bbl

By Eric Yep Crude-oil futures remained subdued in Asian hours Thursday after dropping for two consecutive trading sessions and settling at their... ...
POLL-Oil price forecasts cut, to stay subdued in 2015

7:42pm IST * Forecasts slashed from last month as oil slumps * Prices not seen recovering significantly next year * Brent seen averaging... ...
Crude Oil Rebounds Slightly After Overnight...

By Eric Yep Crude-oil futures rebounded modestly in Asian trading hours Wednesday after an overnight sell-off that pushed prices to their lowest... ...

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