The days of $ 140 a barrel oil may seem a distant memory. But oil prices are slowly creeping upwards. From a low of $34 a barrel in February, oil has surged 135 per cent to a high of $82 dollars in October.
Freeing natural gas prices might raise some concerns.
http://www.ibnlive.com/news/forbes-india-towards-a-more-natural-price/101590-7.html
The details of the panel will be announced by oil ministry, he added.
http://www.ibnlive.com/news/govt-to-set-up-panel-to-look-into-fuel-pricing/96443-7.html
International crude oil prices are at a seven-month high of $72 per barrel.
http://www.ibnlive.com/news/oil-firms-hike-jet-fuel-prices-by-12-per-cent/94955-7.html
Crude prices have risen to above 70 dollar per barrel mark from below 40.
http://www.ibnlive.com/news/petroleum-minister-says-rising-crude-prices-worrisome/94765-7.html
Air tickets could get costlier as jet fuel prices are set to skyrocket.
http://www.ibnlive.com/news/marginal-hike-in-aviation-fuel-prices/87749-7.html
OPEC is fully enforcing its deepest ever oil supply curbs.
http://www.ibnlive.com/news/oil-jumps-nearly-7-percent-on-supply-cuts-dollar/83438-7.html
OPEC produces about 40 per cent of the world's crude.
http://www.ibnlive.com/news/oil-at-fouryear-lows-near-40-despite-opec-cut/80864-7.html
The move is to balance the slowing demand of oil worldwide.
http://www.ibnlive.com/news/opec-decides-to-cut-oil-output-by-42-mn-barrelsday/80805-7.html
Oil prices jumped four dollars, or almost 10 per cent.
http://www.ibnlive.com/news/rupee-lifts-oil-prices-lift-on-russian-offer/80357-7.html
BJP has already gone to the EC citing violation of the model code of conduct.
http://www.ibnlive.com/news/cong-plays-petrol-price-cut-card-bjp-cries-foul/79055-37.html
Deora proposes a cut of Rs 5 in petrol prices and Rs 20 in domestic LPG cylinders.
http://www.ibnlive.com/news/deora-sends-petrol-lpg-price-cut-proposal-to-sonia/79041-37.html
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