global oil prices
OPEC, Russia approve biggest ever oil cut amid coronavirus
In the compromise reached they agreed to a cut of 9.7 million barrels per day from May
US senators urge Saudi officers to take concrete action to cut oil output
Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day
OPEC, Russia agree to oil output cuts; Mexico rejects global plan
The planned output curbs by OPEC+ amount to 8 million barrels per day
Trump signals possible tariffs on oil imports amid low prices
Oil prices have dropped by about two-thirds this year as the COVID-19 pandemic has hammered demand
ONGC asks govt to cut cess, royalty, free gas price to help company survive
While the gas price is way below the cost of production, high tax incidence is resulting in cash losses even on crude oil output
RBI unlikely to slash rate till March, say analysts
CPI inflation is likely to rise above 4 per cent by the end of this year.
Oil edges up, set for worst H1 performance in 20 years
Brent crude futures were at $45.31 per barrel up 9 cents or 0.2 per cent from their last close.
Daily change in petrol, diesel prices will benefit consumers
Under dynamic pricing model, OMCs will be able to reduce price risk arising out of fluctuations in crude.