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10:09 PM | October 23,2009
The government asked ONGC to give discounts of Rs2,630 crore to refiners
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Reuters 11:55 AM | October 07,2009
Large trading houses and mills were importing raws despite higher prices to feed the roaring demand at home, stretching capacities
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Bloomberg 10:57 PM | September 15,2009
Oil bonds are being given as compensation for selling oil products at below market prices
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Mark to Market | Manas Chakravarty 11:57 PM | August 26,2009
This trend must have been reinforced by the rush to raise funds by companies since then
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Vipin V. Nair / Bloomberg 10:29 PM | July 07,2009
The aviation ministry has asked the airlines to negotiate with refiners to resolve the issue
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Reuters 09:32 PM | July 06,2009
Refiners expressed that this move will help the flow of investments in the oil sector
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Nidhi Verma / Reuters 11:55 PM | May 20,2009
The Congress’ strong showing in elections has revived hopes of pushing through a host of important reforms, but it would probably prefer to wait before relaxing its control of auto and cooking fuel prices
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Bhuma Shrivastava 11:25 PM | February 10,2009
Though there has been a sharp improvement in petrol, naptha and fuel oil crack spreads, diesel margins have declined
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Reuters 01:00 PM | October 16,2008
A cut in prices would not be considered unless the price of crude oil imported by Indian refiners fell to $61 per barrel
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Thomas Kutty Abraham / Bloomberg 01:08 AM | October 14,2008
Prices of the commodity had dropped to a four-month low last week on concern over a global recession
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Reuters 05:06 PM | August 29,2008
The step was taken to help finance the companies’ oil purchases in the global markets, says RBI
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Anoop Agrawal / Bloomberg 10:29 PM | August 18,2008
The rupee’s biggest decline in more than a year was also driven partly by speculation that stock losses will deter investors from buying local assets
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Maryelle Demongeot / Reuters 11:48 PM | June 16,2008
Even as Saudi Aramco offers more crude, Asian buyers reject it, asking for more medium and heavy crudes
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09:00 AM | May 12,2008
The partially convertible rupee (INR=IN) ended at 41.60/61 per dollar on Friday, 0.4% stronger than its previous close of 41.76/77 having lost 2.3% last the week
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Heather Timmons 10:20 AM | November 02,2007
Prices of petroleum-based products like gasoline, kerosene and diesel are highly subsidized in many Asian countries, in part to make them affordable to citizens who earn lower wages than in the developed world
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