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Mandi Live : Crude prices fall below $48/barrel in International market

Crude prices fall below $48/barrel in International market. Watch complete news story of Mandi Live and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Hillary Clinton, crude oil prices help Sensex rebound by 145 points, ends above 28,000-level

Hillary Clinton, crude oil prices help Sensex rebound by 145 points, ends above 28,000-level

Sentiment got a lift from positive Asian indices after Democrat Hillary Clinton is perceived to have won the third and final US presidential debate against Republican Donald Trump in Las Vegas.

Petrol, diesel prices likely to be hiked on Saturday

Petrol, diesel prices likely to be hiked on Saturday

While the international oil prices fell back from $50 a barrel on Monday, the Indian basket has reportedly breached the psychologial level of $50.14 per barrel which could lead to oil companies in India hiking prices of petrol and diesel.

Import duty may get decreased by 5% on crude and edible oils

Import duty may get decreased by 5% on crude and edible oils. Watch this special segment and get to know more here.

US crude down 3% after big stockpile build report

US crude down 3% after big stockpile build report

Oil prices tumbled on Wednesday, with U.S. crude falling more than 3 percent, after an unexpectedly large inventory build in the world`s biggest oil consumer renewed worries about oversupply.

Pradhan pitches for cut in oil cess

Pradhan pitches for cut in oil cess

Petroleum Minister Dharmendra Pradhan has asked Finance Ministry to cut cess on domestically produced crude oil to 10-12 per cent from current 20 percent to provide relief to producers hit by slump in prices.

US oil hits 2016-high on hopes for output freeze

"Global fundamentals are little changed and oil has instead been lifted by higher risk-appetite," BNP Paribas said in a note.

 

 

Boost to Indian economy from falling oil prices 'fading': DBS

Boost to Indian economy from falling oil prices 'fading': DBS

The benefits to the Indian economy from fall in crude oil prices will be "limited" this year and domestic reforms and developments will gain focus, a report said.

Petrol, diesel prices cut, but no benefit to consumers

The price for petrol and diesel is cut down again but the question that arise is where is the consumer benefit it in all. Zee News brings you an exclusive report. Take a look.

Oil prices rebound after falling below $30 per barrel

Oil prices rebound after falling below $30 per barrel

Oil prices rebounded in Asia Wednesday, halting a plunge that saw crude fall below $30 a barrel for the first time in more than 12 years, but analysts warned of further pressure on the commodity.

Finance Ministry to assume oil price at below $50 in Budget 2016

Finance Ministry to assume oil price at below $50 in Budget 2016

The Finance Ministry likely to peg the notional value of crude oil price below USD 50 a barrel while computing the subsidy numbers and fiscal deficit in the Budget 2016-17.

Oil prices dip, erasing earlier gains; down 10 percent on week

Futures of global benchmark Brent and U.S. West Texas Intermediate (WTI) crude turned direction after trading steady earlier on the strength of stocks on Wall Street. 

Know the impact of stopping LPG subsidy to high-income group

Know the impact of stopping LPG subsidy to high-income group

The impact on the household budget could be limited to Rs 100-125 per month at the current level of global crude oil and LPG prices.

 

Why Indian petrol prices are high despite lower crude prices?

Three years after deregulation, petrol prices still seem to be in the control of the government. Last week, this paper pointed out that the fall in prices of petrol and diesel is less than that of the Indian crude basket.

DNA: With crude oil price at it lowest, no change in petrol and diesel prices

Four years after deregulation, petrol prices still seem to be in the control of the government. Last week, this paper pointed out that the fall in prices of petrol and diesel is less than that of the Indian crude basket.

Why Indian petrol prices are so high despite lower crude prices? Part-2

Three years after deregulation, petrol prices still seem to be in the control of the government. Last week, this paper pointed out that the fall in prices of petrol and diesel is less than that of the Indian crude basket.

Why Indian petrol prices are high despite lower crude prices? Part 1

Three years after deregulation, petrol prices still seem to be in the control of the government. Last week, this paper pointed out that the fall in prices of petrol and diesel is less than that of the Indian crude basket.

Oil prices inch closer to 11-year low as IEA warns of worse glut, US stays warm

Oil prices inch closer to 11-year low as IEA warns of worse glut, US stays warm

Brent`s session low was $37.36 - barely a dollar above the$36.20 hit during the financial crisis. If it falls through that, it will go to June 2004 lows, when it traded at around $34 a barrel.

 

Oil prices climbs as Turkey shoots down Russian jet

Global oil prices rose today after Turkey shot down a Russian jet on the Syria border, sparking fresh tensions in the crude-rich Middle East, dealers said.

Arun Jaitley says it helps Indian economy, as oil falls below $40

Arun Jaitley says it helps Indian economy, as oil falls below $40

"It has enabled us to absorb the loss that our own oil companies were facing because of future purchases. It has also kept inflation under control, which, in turn, has helped the Reserve Bank to ease up the rates," Jaitley told reporters.