International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said. The...

Rising global interest rates and high oil prices could push the current account deficit higher in 2022-23. “The US is raising interest rates, so is England, Australia, Canada ... even the Europ...

A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished the super-profits of refiners, a report said on Wed...

Amid a fall in global prices, the government on Wednesday directed edible oil manufacturers to further cut the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per litre within a wee...

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings...

Bond yields did not hit the roof even after the RBI’s surprise 40 basis points hike in the repo rate earlier this month because of expectations of support from the central bank and early monsoon...

Finally, where do you see yourself in five years’ time? Do you want to remain in the oil industry or shift your focus to something else in the future? I see myself continuing in this industry. ...

While the RBI had projected inflation to come at 4.5 per cent in 2022-23 in its February policy, the note said that there is an upside risk due to various factors such as soaring crude oil prices. SB...

Oil prices jumped by more than 3 per cent on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as Moscow and Kyiv held peace talks. Brent crude futur...

Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise, taking the total increase in rates since resumption of daily price revision less than a week back to Rs 3.70-3.75 per litre...