crude price

Sensex closes 285 points higher despite dull global cues (Roundup)


March 21st, 2012 - 7:49 pm ICT by IANS
Mumbai, March 21 (IANS) Helped by robust buying in capital goods and realty stocks, a benchmark index for Indian equities markets zoomed in the second half of trade Wednesday, ... Read more...

Posted in Business |

Fiscal deficit to exceed budget estimate, says Pranab


January 6th, 2012 - 8:29 pm ICT by IANS
Chennai, Jan 6 (IANS) India's fiscal deficit this financial year will exceed the projected 4.6 percent of the gross domestic product (GDP) owing to higher oil prices, Finance Minister ... Read more...

Posted in Business |

South Korea takes measures to cope with crude price surge


February 28th, 2011 - 12:17 am ICT by IANS
Seoul, Feb 27 (IANS/WAM) South Korea, which relies almost entirely on imports for its oil needs, will implement nationwide conservation measures in the wake of surging crude prices, the government said Sunday.The ... Read more...

Posted in Business |

No plans to raise diesel prices, roll back petrol rate: Jaipal


January 20th, 2011 - 9:08 pm ICT by IANS
New Delhi, Jan 20 (IANS) New Petroleum Minister S.Jaipal Reddy Thursday said the government has no plans to increase the price of diese, and indicated there would be no rollback of the ... Read more...

Posted in Business |

Petrol price hike: NCP defends Central Government’s decision


January 16th, 2011 - 9:33 pm ICT by ANI
New Delhi, Jan 16(ANI): The Nationalist Congress Party (NCP) has defended the Central Government's decision to increase the retail prices of petrol.State-owned oil companies had hiked petrol prices on Saturday ... Read more...

Posted in National |

Petrol, aviation fuel prices to be hiked from midnight (Lead)


January 15th, 2011 - 10:11 pm ICT by IANS
New Delhi, Jan 15 (IANS) Even as the government is battling inflation on several fronts, state oil companies announced an increase of about four and two percent, respectively, in the prices of ... Read more...

Posted in Business |

Fuel price decision to make country efficient: Experts


June 25th, 2010 - 9:58 pm ICT by IANS
New Delhi, June 25 (IANS) Sound economic reason and political sense have dictated the government's decision Friday to decontrol petrol price and hike that of other fuels, say experts. In a long overdue ... Read more...

Posted in Business |

Tourism in India has grown steadily despite meltdown: Selja


August 18th, 2009 - 10:41 pm ICT by IANS
New Delhi, Aug 18 (IANS) Tourism in India has grown steadily in the past few years despite rise in world crude oil prices and the global meltdown, but it is yet to ... Read more...

Posted in Business |

Government refuses to roll back fuel price hike


July 2nd, 2009 - 3:12 pm ICT by IANS
New Delhi, July 2 (IANS) Union Petroleum Minister Murli Deora Thursday refused to roll back the increase in fuel prices but said that a revision will be considered when the international crude ... Read more...

Posted in Business |

OPEC crude price slides below $42


March 4th, 2009 - 4:31 pm ICT by IANS
Vienna, March 4 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped $1.21 Tuesday, sliding below the $42 mark, the Vienna-based cartel announced Wednesday. One ... Read more...

Posted in World |

Aviation fuel prices further slashed by four percent


February 1st, 2009 - 2:20 pm ICT by ANI
New Delhi, Feb 1 (ANI): The price of Aviation Turbine Fuel (ATF) has been further reduced by four per cent. The new prices came into effect from Saturday midnight. The jet fuel ... Read more...

Posted in National |

Further fuel price cut to reduce operating profits: HPCL


January 13th, 2009 - 4:36 pm ICT by IANS
New Delhi, Jan 13 (IANS) Hindustan Petroleum Corporation Ltd (HPCL) Tuesday said it is opposed to further cut in fuel prices by the government as it will lead to a reduction in ... Read more...

Posted in Business |

Azerbaijan may cut oil production


December 17th, 2008 - 6:33 pm ICT by IANS
Oran (Algeria), Dec 17 (RIA Novosti) Azerbaijan is ready to slash oil output by 300,000 barrels per day (bpd) if the Organization of the Petroleum Exporting Countries (Opec) announces production cuts on ... Read more...

Posted in World |

Opec urged to cut output by two mn barrels


December 13th, 2008 - 7:44 pm ICT by IANS
Abu Dhabi, Dec 13 (RIA Novosti) A Kuwaiti expert has called on the Organisation of the Petroleum Exporting Countries (Opec) to cut production by two million barrels a day to stabilise falling ... Read more...

Posted in Uncategorized |

OPEC crude price falls to $57.77


November 5th, 2008 - 8:38 pm ICT by IANS
Vienna, Nov 5 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell to $57.77 Tuesday, the oil cartel said Wednesday.One barrel (159 litres) of ... Read more...

Posted in Business |

OPEC crude price falls to $57.65


November 3rd, 2008 - 5:18 pm ICT by IANS
Vienna, Nov 3 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell to $57.65 Friday, the oil cartel said Monday.One barrel (159 litres) of ... Read more...

Posted in Business |

Opec crude price rises towards $60


October 31st, 2008 - 4:57 pm ICT by IANS
Vienna, Oct 31 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (Opec) rose further Thursday, to $59.92, the oil cartel said Friday.One barrel (159 litres) ... Read more...

Posted in Uncategorized |

OPEC crude price rises


October 30th, 2008 - 7:04 pm ICT by IANS
Vienna, Oct 30 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose by $2.23 Wednesday, as the weaker dollar buoyed oil markets, according ... Read more...

Posted in Business |

OPEC crude price continues to slide


October 28th, 2008 - 8:16 pm ICT by IANS
Vienna, Oct 28 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) fell by another $0.77 Monday, OPEC said Tuesday.One barrel (159 litres) of OPEC ... Read more...

Posted in Business |

Opec crude price falls below $60 despite output cut


October 27th, 2008 - 5:59 pm ICT by IANS
Vienna, Oct 27 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (Opec) fell below $60 Friday, despite the cartel's decision to curb production.Growing recession fears ... Read more...

Posted in World |

OPEC crude price rises ahead of expected output cut


October 21st, 2008 - 4:47 pm ICT by IANS
Vienna, Oct 21 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) continued to rise, as the cartel is expected to cut production at its ... Read more...

Posted in Uncategorized |

OPEC crude price drops below $70 a barrel


October 16th, 2008 - 4:21 pm ICT by IANS
Vienna, Oct 16 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) has fallen below $70, the group said Thursday.One barrel (159 litres) of OPEC ... Read more...

Posted in Uncategorized |

OPEC crude price slides below $80


October 13th, 2008 - 6:01 pm ICT by IANS
Vienna, Oct 13 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) dropped by $5.57 to reach $72.67 last Friday, as financial markets plunged across ... Read more...

Posted in Business |

OPEC meet in November, crude price slides below $80


October 10th, 2008 - 6:11 pm ICT by IANS
Vienna, Oct 10 (DPA) The Organisation of the Petroleum Exporting Countries (OPEC) has scheduled a special meeting in November, as the cartel's crude oil price remained below $80 for the second ... Read more...

Posted in Business |

OPEC crude price lowers


October 3rd, 2008 - 4:35 pm ICT by IANS
Vienna Oct 3 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) eased by a further $0.72 Thursday, OPEC said Friday.One barrel (159 litres) of ... Read more...

Posted in World |

OPEC crude price slides below $90


October 2nd, 2008 - 4:42 pm ICT by IANS
Vienna, Oct 2 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) slid below the $90 mark Wednesday, OPEC said Thursday.One barrel (159 litres) of ... Read more...

Posted in Business |

Third generation Honda City launched in Mumbai


October 1st, 2008 - 8:18 pm ICT by IANS
Mumbai, Oct 1 (IANS) Premium carmaker Honda Siel Cars India launched the third generation model of its popular sedan 'City' here Wednesday.Priced between Rs.815,000 and Rs.942,000 (ex-showroom Delhi), the new Honda City ... Read more...

Posted in Business |

Deora rules out reduction in petroleum prices


September 30th, 2008 - 5:51 pm ICT by IANS
Jaipur, Sep 30 (IANS) Prices of petroleum products are not going to be reduced as of now, the government said here Tuesday.Addressing a press conference, Petroleum Minister Murli Deora ruled out a ... Read more...

Posted in Business |

OPEC crude price drops by $3.81


September 30th, 2008 - 5:03 pm ICT by IANS
Vienna, Sep 30 (DPA) The price for crude oil produced by the Organization of Petroleum Exporting Countries (OPEC) dropped by nearly four dollars Monday, the organisation said Tuesday.One barrel (159 litres) of ... Read more...

Posted in World |

OPEC crude price eases


September 26th, 2008 - 5:09 pm ICT by IANS
Vienna, Sep 26 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) lost another $1.20 Thursday, OPEC said Friday.One barrel (159 litres) of OPEC crude ... Read more...

Posted in Uncategorized |

Crude prices may go over $115 per barrel: Industry lobby


September 24th, 2008 - 6:51 pm ICT by IANS
New Delhi, Sep 24 (IANS) Crude price, currently hovering around $107 a barrel, will cross $115 in the latter part of the current fiscal, according to an estimate by an industry lobby. ... Read more...

Posted in Business |

OPEC crude price slides below $100


September 10th, 2008 - 7:34 pm ICT by IANS
Vienna, Sep 10 (DPA) The price of crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) has plunged below $100 per barrel for the first time since late March, ... Read more...

Posted in Uncategorized |

Crude price fall could save India $17 bn, says study


August 31st, 2008 - 5:53 pm ICT by IANS
New Delhi, Aug 31 (IANS) India could save $17 billion (Rs.680 billion) in crude import bill on account of falling crude prices, currently hovering between $110-120 per barrel after peaking at $147 ... Read more...

Posted in Uncategorized |

OPEC crude price stable at $110.51


August 27th, 2008 - 5:47 pm ICT by IANS
Vienna, Aug 27 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell only slightly on Tuesday, OPEC announced Wednesday.One barrel (159 litres) of OPEC-produced ... Read more...

Posted in Uncategorized |

OPEC crude price slides to $111.27


August 12th, 2008 - 3:59 pm ICT by IANS
DPA Vienna, Aug 12 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) fell by more than one dollar Monday, OPEC said in a statement Tuesday. ... Read more...

Posted in Business |

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