According to media reports, Pakistan urged Russia to finalise a long-term oil deal while remaining within the price cap at $60 per barrel-- nearly $6.8 less than what Moscow sold to India.
Oil price rise in India: Puri is scheduled to meet energy business leaders in Houston on Saturday.
Notably, oil has soared in recent weeks and on Thursday world benchmark Brent finally broke the USD 100 mark last seen in September 2014.
Oil prices went up, as investors continued observing the escalating geopolitical frictions between Yemen's Houthi rebels and the Saudi-led coalition in the Middle East. The West Texas Intermediate for January delivery increased 1.57 US dollars to settle at 58.58 dollars a barrel on the New York Mercantile Exchange, Xinhua news agency reported.
New Delhi, Sept 17: The Reserve Bank today termed the government decision to hike diesel prices a “significant achievement”, but said the move will put pressure on inflation in the short term.“While the recent upward
Kolkata, June 24: West Bengal Chief Minister Mamata Banerjee today opposed the fresh hike in fuel prices, saying it will put the common man in great difficulty.“We do not support the repeated rise in fuel
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