How Will Fall In Crude Prices Benefit OMCs? Will Government OMCs Be Back In Action?

Thu, Dec 15, 2022

How will fall in crude prices benefit OMCs? When will government OMCs return to profit? Why is action being seen in oil marketing companies? Know full details from Varun Dubey.

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Oil extends losses on reserves release, Yemen truce

Mon, Apr 04, 2022

Oil prices extended losses on Monday as investors eyed the release of supplies from strategic reserves from consuming nations, while a truce in Yemen could ease supply disruption concerns in the Middle East.  

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Commodity calls: Crude prices decrease in commodity market

Thu, May 30, 2019

Commodity calls: In the wake of ongoing global trade war between United States and China, crude oil prices are decreasing in the commodity market, but gold is witnessing a rising trend. To discuss this scenario and to answer your questions, Zee Business takes experts' call.

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Crude is a blood pressure of market; its range sets the mood of the market: Basant Maheshwari

Fri, Dec 28, 2018

Basant Maheshwari, Co-founder & Partner, Basant Maheshwari Wealth Advisers LLP, speaks about his expectations from 2019, how American market will impact Indian market, effects of general elections, interest rates among others during an exclusive interview with Anil Singhvi of Zee Business. 

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Oil jumps towards $67 as OPEC, partners discuss proposal to cut output

Wed, Nov 14, 2018

Crude rallied after three sources familiar with the issue said OPEC and its partners are discussing a proposal to cut output by up to 1.4 million barrels per day (bpd), a larger figure than officials have mentioned previously International benchmark Brent crude rose $1.18 a barrel to $66.65 as of 0955 GMT, having fallen as low as $65.02 earlier. U.S. crude was up 60 cents at $56.29.

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No more rate hikes by RBI? This is what has come as a savior for loan takers

Mon, Nov 12, 2018

If status quo is the case, then your loan takers can rejoice as banks will not be in situation to make hike in lending rates. 

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Decline in oil price to continue; risk to inflation moderate: Report

Sat, Nov 10, 2018

In the past one month, crude prices declined by around USD 16/bbl as some nations got waivers to import oil from Iran, amid signs that other OPEC members will pump more to offset any supply gap.

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PM Narendra Modi says high oil prices hurting global economic growth, seeks review of payment terms

Mon, Oct 15, 2018

India, the world's third-biggest oil consumer, has been over the past two months battered by high crude oil prices that have sent retail petrol, diesel and LPG rates to record high, posed inflationary risks and together with a sliding rupee threatened to upset its current account deficit. Also, unrelenting fuel price rise since mid-August has negated cut in taxes and subsidy.

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After 4th consecutive cut, OMCs stick to diesel rate status quo today; check rates of metro cities

Wed, Jun 27, 2018

With many state elections expected in the late 2018s, it has become very important for the NDA government to bring relief on fuel product prices, which were at record high last month.

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Diesel prices cut for 4th straight day; Kolkata rates fall below Rs 70; big relief for Mumbai

Tue, Jun 26, 2018

With many state elections expected in the late 2018s, it has become very important for the NDA government to bring relief on fuel product prices, which were at record high last month.     

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Diesel prices cut for 3rd successive day; Mumbai, Chennai see biggest cuts

Mon, Jun 25, 2018

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Diesel price down by 7p to 11p for 2nd day in row; Check rates of metro cities

Sun, Jun 24, 2018

 For Indian government, diesel price is a major generator of revenue and that is why authorities have been reluctant to provide relief, but this policy has changed today.

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After 2 days status quo, diesel price cut between 7p to 12p today; check rates here

Sat, Jun 23, 2018

For Indian government, diesel price is a major generator of revenue and that is why authorities have been reluctant to provide relief, but this policy has changed today.

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No relief in diesel prices today; Mumbai, Chennai, Kolkata rule over Rs 70 per litre

Mon, Jun 18, 2018

 For Indian government, fuel is a major generator of revenue and that is why authorities have been reluctant to provide relief.

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Buying diesel today? Your bill will be less by this amount; Mumbai drivers to benefit the most

Sun, Jun 17, 2018

For the Indian government, fuel is a major generator of revenue and that is why authorities have been reluctant to provide relief.

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No change in diesel price for 4th day in row; check rates in metro cities

Sat, Jun 16, 2018

For the Indian government, fuel is a major generator of revenue and that is why authorities have been reluctant to provide relief.

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No change in diesel price today, despite drop in crude oil; check what you pay in metro cities

Wed, Jun 13, 2018

For the Indian government, fuel is a major generator of revenue and that is why authorities have been reluctant to provide relief.

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Diesel price cut by 10p to 11p today; Metro cities get relief; check rates here

Tue, Jun 12, 2018

For the Indian government, fuel is a major generator of revenue and that is why authorities have been reluctant to provide relief.

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Diesel price cut for 13th day in row; Delhi rates under Rs 68, Chennai, Mumbai see most cuts

Mon, Jun 11, 2018

Over Rs 1 litre diesel price cut has been ordered so far. Cities like Mumbai, Kolkata and Chennai have seen major relief in diesel rates.

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Diesel price cut for 12th day in row, Chennai rates go below Rs 72, Mumbai gets cheaper

Sun, Jun 10, 2018

Over Rs 1 litre diesel price cut has been ordered so far. Cities like Mumbai, Kolkata and Chennai have seen major relief in their diesel rates.  

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