Global crude oil prices are trending downwards, sparking concerns of a global recession. For India, falling oil prices could ...

India imports about 80% of its oil needs and ... is more expensive due to higher taxes and differences in the production and demand for diesel and petrol. Can petrol prices affect inflation ...

India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil ...

India has raised the excise duty on gasoline and diesel. Retail prices for consumers will not increase due to this hike. Oil marketing companies will absorb the increased duty, offsetting ...