Wall Street JournalUS Producer Prices Climb as Oil StabilizesWall Street JournalWASHINGTON—A gauge of U.S. business prices rose in May as energy prices jumped, a sign inflation is stabilizing. The producer-price index for final demand, which measures price …

NDTVOil firms face Rs 10000 crore inventory loss, depreciating rupeeEconomic TimesWhile the slump in international crude oil prices had resulted in successive cuts in petrol and diesel prices, for oil companies they had meant inventory losses as they would …