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Crude Oil Prices Hover Near 6-Week Highs; OMC Stocks Fall

As US oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and tensions continue in the Middle East, oil prices hover near their six-week highs.{image-petrolpic-1562918438.jpg www.goodreturns.in} International benchmark Brent crude ...

Petrol And Diesel Prices Shoot Higher Across Metros Post Govt's Duty Hike

In the Union Budget 2019, the FM announced levy of special additional excise duty of Rs 1/ litre and road cess of Rs 1 per litre on petrol and diesel. And a day after the an...

Crude Oil Prices Rise After Two Oil Tankers Explode In The Gulf Of Oman

On Friday, international oil prices extended their gains after attacks on two oil tankers in the Gulf of Oman. The attack has raised concerns of reduced supply via one of th...

Your Fuel Expenses Can Save You Tax: This Is How?

Reimbursements and allowances are provided to salaried class so as to reduce their tax liability from the monthly gross salary. And fuel purchases or expenses they also prov...

Petrol, Diesel Prices Increased Marginally

Fuel prices in India were marginally hiked on Friday. While petrol prices were increased by an average of 14 paise, diesel rates saw a 15-17 paise rise per litre. In the met...

Petrol, Diesel Rates Hiked A Day After Last Voting Phase Concludes

Fuel prices across Indian cities were increased a day after the last phase of voting for the Lok Sabha elections 2019. While petrol became 8 to 10 paise costlier, diesel pri...

Crude Oil Prices Rise After Sabotage Attacks On 2 Saudi Arabian Tanks

On Monday, Saudi Arabia said that two of its oil tankers were sabotaged off the UAE (United Arab Emirates) coast and caused "significant damage" to the vessels. One of those...

Fuel Prices After May 19 Set To Rise Sharply; 2 Major Reasons To Drive Price Higher

Fuel prices which for some time have remained range bound on government's request made to the OMCs to not give jitters to the common public during the election season can no...

Petrol And Diesel Prices Raised After Brief Pause

Fuel prices across Indian cities were increased on Tuesday by state-owned oil marketing companies. While petrol prices were hiked after a 3-day break (2 days in some cities)...

Petrol And Diesel To Get Expensive As OMCs Seen To Recover Losses: Fitch

Even as global crude oil prices are on the rally this week, oil marketing companies in India revised the price of fuel higher only on Thursday after a respite for four conti...

Petrol, Diesel Prices Left Unchanged As Crude Oil Price Softens Overseas

On Wednesday, both petrol and diesel remained steady in price for the third-straight day. Price of both the auto fuels in the domestic market is determined on the basis of i...

Petrol And Diesel Prices in India Stands Still Despite Gains in Global Market

The petrol prices in India stood still despite gaining strongly in the global markets as the U.S. is all set to end Tehran's crude import sanction waivers. The diesel prices...

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