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Fuel prices remain static for 17 days in a row
The oil marketing companies (OMC) continued to pause fuel price revision for the seventeenth consecutive day on Tuesday
OPEC agreement on tapering production cuts spells good news for India
New Delhi, July 19 Oil cartel OPEC's decision to taper production cuts starting August spells good news for major oil consuming countries like India...
Even if UAE and OPEC+ make up, it won't last
Once the shock of Covid-19 passes, a structural problem will reemerge; namely that the world has an abundance of oil but a shortage of capacity to...
OPEC plus agree on output rise
Cartel comprising Iraq, Kuwait, Russia, Saudi Arabia and UAE would see their limits rise
Covid resurgence, OPEC supplies hike could come to India's aid
New Delhi, July 17 Fuel consumers may get some respite from rising prices of petrol and diesel as global oil scenario is expected to soften down...
Higher spending on fuel crowding out consumer expense on health
As fuel prices soar to unprecedented levels in the country, higher expenditure on fuel by consumers is eating into their capacity to spend on health.
Rift between Saudi, UAE leaves room for speculation over oil price
Oil producers beware. Far from being bullish for prices as initially thought, the rift at the heart of OPEC and the information vacuum it has created...
Petrol hits`Rs.100/litre in Delhi
PETROL price on Wednesday crossed the Rs 100-a-litre mark in Delhi after fuel prices were hiked again on the back of firming international oil rates....