Petrol prices across the four metros increased by over Rs 3 per litre in 12 days after dynamic pricing system was resumed on May 14, data on the Indian Oil Corp (IOC) website shows.
The Centre is deliberating on an "immediate solution" to deal with rising fuel prices, Union Oil Minister Dharmendra Pradhan said.
Euro zone growth could slow further and uncertainty is on the rise but the bloc’s expansion remains solid and broad-based, European Central Bank policymakers concluded in April.
Crude oil drifted lower by 0.31 per cent to Rs 4,898 per barrel in futures trade today in tandem with a weak trend overseas as speculators trimmed positions.
Royal Dutch Shell said a declaration of force majeure remained in place on shipments of Nigerian Bonny Light crude oil, while exports at the Forcados shipping hub were running as normal.
The petrol price in India's financial capital Mumbai touched Rs 84.99 a litre on Wednesday.
A U.N. monitoring group wants to enlist the help of the world’s biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import.
The 30-share BSE Sensex finished at 34,651.24, up just 35.11 points, while the broader Nifty inched up 20 points to 10,536.70.
After reaching unprecedented highs in Delhi and Mumbai, petrol prices touched a record high in Chennai, at Rs 79.79 per litre on Tuesday.
US West Texas Intermediate (WTI) crude futures were at $72.45 a barrel, up 21 cents, or nearly 0.3 percent.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr