So far in September, diesel rates have been slashed 14 times in Delhi--on September 3, 5, 7, 10, 12, 14, 15,17, 18, 19, 20, 21 22 and 25 respectively. Overall, diesel prices have declined by more than Rs 2 till now

Libya's National Oil Corp (NOC) lifted force majeure on what it deemed secure oil ports and facilities on Saturday, but said the measure would remain in place for facilities where fighters remain

Petrol was hiked by 0.05 paise in Delhi, Mumbai, Kolkata, Hyderabad, and Bengaluru. Whereas, in Chennai, Gurugram and Noida, it was increased by 0.04 paise

Since August 16, oil companies have been raising petrol prices across metros, barring August 19. In these 10 days, petrol prices have increased by Rs 1.3 in Delhi and Rs 1.2 in Mumbai

Latest big price revision in diesel was seen in Delhi on July 31 when Chief Minister Arvind Kejriwal cut VAT by Rs 8/litre in the state, reducing VAT to 16.75 per cent from 30 per cent earlier

Other metro cities also saw marginal rise prices; in Mumbai ,petrol costs 2 paise more at Rs 87.19 and diesel Rs 10 paise more at 79.05 per litre

New U.S. COVID-19 cases rose by nearly 50,000 on Wednesday, according to a Reuters tally, in the biggest one-day spike since the start of the pandemic

H-1B visa ban: Infosys hiring Americans to negate work visa freeze, says CEO Salil ParekhInfosys CEO Salil Parekh said that the company is quite prepared to tackle any near-term challenges from the H-1B visa suspension imposed by the US government with a strong localisation strategy. He elaborated that since the company is hiring locally in the United States (US), its dependence on H-1B visas has come down considerably. He added that the Indian IT major will hire more local employ...

Petrol prices in Delhi have been hiked to Rs 80.43/ litre from Rs 80.38/litre, while disel rates have been increased to Rs 80.53/litre from Rs 80.40/litre, according to price notification of state oil marketing companies

Global coronavirus cases exceeded 10 million on Sunday as India and Brazil battled outbreaks of over 10,000 cases daily

As per the latest data by the oil marketing companies, petrol costs Rs 80.38 per litre in Delhi, while diesel costs Rs 80.40/litre

Fuel prices, except for Wednesday, have risen consistently since June 7 after 82-day hiatus on fuel price revision due to the COVID-19 pandemic

Crude oil prices fell more than 1% on Thursday as a spike in new coronavirus cases in China and United States renewed fears that people would stay home and stall recovery in fuel demand even as lockdowns ease

Petrol and diesel prices were increased by 55 paise and 69 paise in Delhi, taking the price per litre to Rs 77.28 and Rs 75.79, respectively; Mumbai saw rates going up by 53 paise and 57 paise to Rs 84.15 and Rs 74.32, respectively

Global oil demand probably collapsed by as much as 30% in April, analysts have said, and recovery is likely to be slow, especially with airlines expected to remain largely grounded for months to come

Oil prices today: Brent was last trading around $25.97 at barrel, while WTI was at $18.31

While storage is rapidly filling up, production cuts by U.S. shale producers, estimated by consultants Rystad Energy at 300,000 barrels per day (bpd) for May and June, should help slow flows into tanks. The United States is now the world's biggest oil producer.

Regulators in the U.S. state of Texas, the country's biggest oil producer, will hold a vote on May 5 on whether to enact output curtailments

\"The big tanks where you pull a ship in and empty the whole thing, that's all gone. What you have is pots and pans,\" said Ernie Barsamian, chief executive of The Tank Tiger, a U.S. terminal storage clearinghouse

Saudi Arabia, with by far the world's biggest reserve of extra capacity and some of the lowest production costs, said it had raised crude output to 12.3 million bpd on April 1 and planned to export more than 10 million bpd.