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Petrol @ new high: Rs 84.45 in Delhi, crosses Rs 91/ltr in Mumbai

Petrol price on Wednesday touched a new high of Rs 84.45 per litre in the national capital after state-owned fuel retailers hiked prices after a five-day hiatus. Petrol and diesel prices were......

Oil and gas price volatility likely to continue in 2021

A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.......

Excise duty on petrol, diesel raised

No change in retail prices as oil marketing firms to absorb increase. Illustration: Uttam Ghosh/Rediff.com Taking a cue from states, the Centre announced one of the steepest hikes in duties on......

Why shale holdings of RIL, GAIL are under pressure

American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative. The falling demand of crude oil in the US market will......

Despite fall in crude prices govt may hike excise duty on petrol

A government official said that with hardly any economic activity, an immediate duty hike will not be productive and could be announced once the lockdown eases and demand revives.  Yearning......
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Brent crude edges up as optimism over economy trumps demand concerns

Oil prices have also been supported by Saudi Arabia’s additional supply cuts in the next two months which are expected to draw down global... ...

https://economictimes.indiatimes.com/markets/commodities/news/brent-oil-may-test-resistance-at-55-21/articleshow/80338806.cms
Oil falls on coronavirus fears, strong dollar

The benchmarks had rallied in the past few weeks, buoyed by COVID-19 vaccine rollouts and a surprise cut in output by Saudi Arabia. Oil prices fell... ...

https://economictimes.indiatimes.com/markets/commodities/news/oil-falls-on-coronavirus-fears-strong-dollar/articleshow/80334264.cms
Oil mixed as Chinese lockdowns raise demand questions

Brent was down 3 cents at $56.69 by 0133 GMT, after gaining 0.6% on Thursday. U.S. West Texas Intermediate crude was up 12 cents at $53.69 a... ...

https://economictimes.indiatimes.com/markets/commodities/news/oil-mixed-as-chinese-lockdowns-raise-demand-questions/articleshow/80278146.cms
SGX Nifty Down 54 Points; Indicates Negative Opening for Indian Stock Markets

Posted by Equitymaster The SGX Nifty opened on a negative note today. At 8:10 am, it�was trading down by 54 points, or 0.4% lower at 14,565... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/6QUo3X083bg/tm.asp
Oil prices ease as pandemic outweighs Chinese and US data

Brent crude oil futures fell 42 cents to $55.64 a barrel by 1318 GMT, while U.S. West Texas Intermediate (WTI) dropped 29 cents to $52.62. Brent's... ...

https://economictimes.indiatimes.com/markets/commodities/news/oil-prices-ease-as-pandemic-outweighs-chinese-and-us-data/articleshow/80271606.cms

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