On December 31, diesel and petrol prices reached their lowest level of 2018
This is the second straight monthly reduction in rates and the biggest single cut ever
An increase of a dollar in oil prices on a permanent basis would increase the country's import bill by roughly $1.6 billion per annum
One wonders why the govt continues to allow an opaque pricing structure and does not look at taking advantage of reduced crude oil prices to shore up its finances
Petrol prices in Delhi on Tuesday stood at Rs 71.72 a litre as compared to Rs 71.15 in Ghaziabad and Rs 71.28 in Noida
Brent Crude futures were trading below the $60 per barrel mark on Friday and closed at $59.46
State-owned Indian Oil Corp Thursday said petrol price has been cut by Rs 9.6per litre and diesel by Rs 7.56 in the past six weeks in step with the reduction in international oil rates
Petrol prices declined to Rs 78.80 (a fall of 32 paise) per litre in Mumbai
In a Q&A, the executive director of JPMorgan Chase Bank says sluggish GDP growth and low-cost non-Opec supply should cap oil prices in the absence of any large-scale geopolitical disruption
Brent crude, the global benchmark, was up 53 cents at $60.74 a barrel at 0919 GMT and traded as high as $61.27
Diesel rates were cut by 40 paisa to Rs 68.89 a litre
Petrol prices declined to Rs 79.12 (decrease by 50 paise) per litre in Mumbai
It is almost as if the oil market is waiting for a catalyst to trigger a rebound
Saudi Arabia may be doing its share of lowering prices amid mounting pressure from Trump
After the revision of the prices, petrol in Delhi is being sold at Rs 75. 97 per litre, while diesel costs Rs 70.97 per litre
According to the Indian Oil Corp data, petrol was priced at Rs 76.38 per litre in the national capital on Wednesday
OMCs in India seem to be in no mood to pass on benefits of nosediving Brent crude prices to fuel consumers for now
Petrol prices declined to Rs 81.90 per litre in Mumbai, Rs 78.33 in Kolkata and Rs 79.31 in Chennai on Tuesday
The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil
The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil