Savings on oil will help in funding social security schemes: FM Arun JaitleyEconomic TimesNEW DELHI: Global oil prices slumping to six year low and the accompanying fall in commodity prices will help India save money on import bill that can be used to fund …

Sharp drop in gold & oil prices brings cheer for Modi govt; public investments ...Economic TimesSharp drop in gold & oil prices brings cheer for Modi govt; public investments may Businesses will both have healthy demand and be free of fear of inter …

RudawFirst round of Erbil-Baghdad oil talks ends in impasseRudawIn the meeting, Premier Barzani reportedly suggested that Baghdad stop using a daily calculation of Kurdish oil exports, and instead quantify the amount every three months. Barzani pointed to …

Business TodayCustoms Duty on Crude Oil May Be ReintroducedNDTVNew Delhi: Finance Minister Arun Jaitley may look at reimposing 5 per cent customs duty on crude oil imports to shore up revenues by $3 billion and create a level playing field for domestic pro …

Oil prices lead to biggest fall in years in wholesale pricesReutersBut in India, where food supply shortages often result in price shocks, policymakers fear poor harvest due to weak rains as well as a rebound in oil prices could again flare up inflation. I …

The West AustralianOil gains on Libya violence, Kurdish oil export threat - The West AustralianThe West AustralianLONDON/NEW YORK (Reuters) - Oil prices rose to their highest in nearly two months on Monday, supported by concerns over escalating conflict wi …

Motley FoolWhy the Electric Car Won't Kill OilMotley FoolThere seems to be a big misconception on the future of oil demand in the world. There is a misguided belief that the electric car, or really just fuel efficacy in general, will eliminate much of …

ReutersFalling oil prices shrink trade deficit to 11-month lowReutersFalling global crude prices brought down the cost of oil imports to $8.25 billion, down 17 percent from December. Year-on-year oil imports fell by nearly 38 percent. Oil accounts for near …

Budget: Oil fall to help meet fiscal deficit targetEconomic TimesThe halving of global oil prices since mid-2014 has allowed the Modi government to raise diesel and petrol fuel taxes and cut diesel prices by 25-30 percent - a windfall gain for households a …