Diesel dilemma: Demand drop in India and China puts pressure on crude oil prices

Chinese and Indian diesel markets are showing signs of a slowdown. Chinese and Indian diesel markets...

Headroom to cut petrol, diesel prices by INR 2-3/ltr: ICRA

Petrol costs INR 94.72 per litre in the national capital and diesel comes for INR 87.62 a litre.A re...

Low oil prices bright spot for Indian economy? Why is Finance Ministry feeling positive about recent reductions

The Finance Ministry's August review highlights the relief from recent crude oil price drops.With re...

Oil companies making INR 15/ltr profit on petrol even as consumers await big price cuts

The price of crude oil has a direct impact on the profitability of fuel retailers, particularly the ...