Government may not cut excise duty on petrol, diesel for now
Government may not cut excise duty on petrol and diesel in the near-term if it accepts the suggestions made in the approach paper submitted by Chief Economic Adviser for maintaining status quo when oil prices can climb by another USD 15 a barrel.
Jul 03, 2016, 13:25 PM ISTOPEC price war in Asia intensifies as oil falls below $50
The United Arab Emirates (UAE) last week joined Kuwait and Iraq in pricing crude they sell to Asia below that of OPEC`s top producer Saudi Arabia.
Jan 12, 2015, 16:42 PM ISTOil prices rise on Chinese data
Oil prices rose today as caution returned after a weak rally spurred by upbeat industrial production data from China, the world's top energy consuming nation, analysts said.
Oct 22, 2014, 01:30 AM IST