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Oil falls below $109 as Libya restarts oilfield

Last Updated: Wednesday, July 09, 2014, 10:05

Easing worries over possible disruptions to supply from the conflict in Iraq also dragged on prices.

Periodic fuel price-linked passenger fare hike to continue

Last Updated: Tuesday, July 08, 2014, 16:58

FDI will not be allowed in core operational areas, he said, adding these areas will remain with the Railways.

Govt rules out any immediate hike in prices of LPG, kerosene

Last Updated: Sunday, July 06, 2014, 00:43

Price of kerosene, which currently costs Rs 14.96 a litre in Delhi, was last hiked in June 2011 when its price was hiked by Rs 2.

Not surprised by petrol-diesel prices hike: Nitish Kumar

Last Updated: Tuesday, July 01, 2014, 16:07

Senior JD(U) leader and former Bihar Chief Minister Nitish Kumar Tuesday said he was not surprised at rise in prices of petrol and diesel besides, soaring rates of food items under Narendra Modi government which could not deliver on tall promises made so far.

BJP allies in TN urge Centre to rollback fuel price hike

Last Updated: Tuesday, July 01, 2014, 14:26

Two BJP allies in Tamil Nadu on Tuesday urged the NDA government to rollback the hike in fuel prices, saying it would impact the common man already reeling under the "burden" of rail fare hike, among others.

Samajwadi Party workers protest against fuel price hike

Last Updated: Tuesday, July 01, 2014, 11:16

The youth wing of Samajwadi Party Tuesday held a protest against the fuel price hike announced yesterday by burying their vehicles in the sand and condemning the Narendra Modi led NDA government.

J Jayalalithaa opposes fuel price hike

Last Updated: Tuesday, July 01, 2014, 00:23

Tamil Nadu Chief Minister J Jayalalithaa on Monday opposed the latest revision in fuel prices, saying it has come as a `disappointment` to people who voted for BJP expecting a change from the `wrong` economic policies of the previous Congress-led UPA.

Petrol price hiked by Rs 1.69/litre, diesel by 50 paise

Last Updated: Monday, June 30, 2014, 20:02

Petrol price was on Monday hiked by a steep Rs 1.69 per litre and diesel by 50 paise a litre as the crisis in Iraq spooked international oil and currency markets.

Petrol price hiked by Rs 1.69/L, diesel by 50p; effective July 1

Last Updated: Monday, June 30, 2014, 19:17

Oil companies on Monday hiked price of petrol by Rs 1.69 per litre while the price of diesel was also hiked by 0.50 paise per litre to be effective from July 1.

Crude oil hits 9-month high above $115 a barrel on Iraq conflict

Last Updated: Friday, June 20, 2014, 08:47

Brent crude hit a nine-month high of more than USD115 a barrel on Thursday as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict.

Crude oil above $114 near nine-month high on Iraq turmoil

Last Updated: Thursday, June 19, 2014, 11:46

Brent crude held near a nine-month high above USD 114 a barrel on Thursday supported by concerns about potential supply disruptions due to fighting in Iraq.

Non-subsidised LPG price cut by Rs 23.50, Jet fuel by 1.8%

Last Updated: Monday, June 02, 2014, 18:27

Jet fuel prices have been cut by 1.8 percent and rates of non-subsidised cooking gas (LPG) by Rs 23.50 per cylinder after the rupee's appreciation lowered import costs.