India is still considering to free fuel prices
India is looking at ending subsidies on petrol and diesel retail prices but has no immediate plans to raise pump prices after the surge in international oil prices. For full story, click here
Articles Tagged "raise"
Crude oil headed for $71.55 a barrel
Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
Saudi Aramco reported completion of oilfield drilling project
State oil giant Saudi Aramco announced that it had completed drilling on the largest new field in its plan to raise crude capacity to 12.5 million barrels per day by the end of this year. For full story, click here
