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Oil Ministrys Petroleum Planning And Analysis Cell

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Gas prices hiked 40%; CNG, PNG to cost more

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step......

Opec+ to cut crude oil output by 100k barrels per day from October

The Organization of the Petroleum Exporting Countries (Opec) and its partners, such as Russia, collectively termed Opec+, have decided to cut crude oil production by 100,000 barrels per day (bpd)......

Rupee sinks 19 paise to new low of 77.93 against US dollar

The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment.......

Indian crude oil basket hits 10-yr high; petrol, diesel prices unchanged

The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel continue to remain frozen. Photograph: Richard Carson/Reuters The......

Sensex nosedives 1,017 points; Nifty slumps below 16,300

Kotak Bank was the top loser in the Sensex pack, skidding about 4 per cent, followed by Bajaj Finance, HDFC twins, Reliance Industries, Wipro, Infosys, Tech Mahindra, Tata Steel and TCS.......

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