Moneycontrol.comRefiners will pay for Iran oil in rupees after US sanctions kick in: ReportMoneycontrol.comAs petroleum-related sanctions on Iran come into effect from November 4, Indian refiners will pay for oil in Indian currency using UCO Bank and IDBI …

Economic TimesOil goes high, government gets richer: Know about the method that makes fuel costlierEconomic TimesOil refiners, who make these products in India, are paid what is called a Refinerty Gate Price (RGP) based on the Trade Parity Price (TPP) whic …

Economic TimesPetrol Price | Crude Oil Price: Oil goes high, government gets richer ...Economic TimesIn some cities, petrol prices have crossed Rs 90 to a litre. It's going up because the rupee has depreciated sharply against the dollar, while crude pr …

The Star OnlineWarisan unnecessarily complicating 20% Sabah oil royalty issue, says former CM YongThe Star OnlineKOTA KINABALU: The 20% oil royalty is a straightforward issue that's easily understood and should rightfully be given to the people of Saba …

The HinduOil marketing companies again hike petrol, diesel pricesThe HinduState owned oil marketing companies (OMCs) have again increased the price of sensitive petroleum products like petrol and diesel in the country on Sunday. The prices of petrol and di …

Economic TimesView: Emerging oil realities just showed India the road it must take from hereEconomic TimesIt is also a fact that the current account deficit, which denotes revenue imbalance on the external account, has been rising lately, no doubt due to e …

BloombergOil Declines as Supply Fears Ease, Trump Tweets on Chinese TradeBloombergOil topped $80 a barrel in London on Wednesday and the U.S. benchmark crude's almost 14 percent year-to-date advance has already outstripped its 2017 performance. OPEC hi …

The GuardianOil prices could spiral higher in the coming months, says IEAThe GuardianThe world's energy watchdog has warned there is a risk of oil prices spiralling higher in the coming months, posing extra costs for drivers and a dilemma for the chanc …

Economic TimesWeak rupee, high oil price pinching? Here is how to take cover in stocksEconomic TimesUpstream companies tend to sell crude to the oil marketing companies like HPCL, BPCL and IOC in dollar terms. As crude trades above $75 a barrel, companies …

Economic TimesFuel prices set new record on fall in rupee, surge in global crude oilEconomic TimesPetrol and diesel prices have set a new record, pushed by a combination of the dramatic fall in rupee and a sharp rise in crude oil, resurrecting the demand f …