Indian crude oil basket hits 10-yr high; petrol, diesel prices unchanged

The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel continue to remain frozen. Photograph: Richard Carson/Reuters The......

India's oil demand likely to jump 8% in 2022

India's oil demand is projected to jump 8.2 per cent to 5.15 million barrels per day in 2022 as the economy continues to rebound from the devastation caused by the pandemic. Photograph: Dado......

India's fuel demand dips the most since April

Sale of diesel, the most consumed fuel in the country, fell 12 per cent, while petrol sales fell 7.4 per cent year-on-year to 2.38 million tonnes although it rose 5.3 per cent from 2.26 million......

Rupee sinks 19 paise to new low of 77.93 against US dollar

The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment.......