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Indian crude oil at 4-month low to cut govt subsidy burden

Price has plummeted to $54.41 per barrelThe Indian basket of crude oil price has plummeted to $54.41 per barrel, its lowest in four months, on the back of multiple factors, including a contraction......

Weak crude oil may bring Rs 88,800-cr gains this year

Indian basket at 6-month low of $49.11 a bbl The country is set to save Rs 88,800 crore (Rs 880 billion) this financial year, thanks to a drop in the price of the Indian basket of crude oil to a......

Crude oil tanks; India's gain could be well over Rs 1 lakh cr

Global crude oil prices tanked to a six-and-a-half-year low on Monday after Chinese stock markets suffered their biggest single-day drop since the global financial crisis, fuelling worries over......

Petrol, diesel prices depend on govt, not crude rate!

'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue......

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