Global crude down 2/3rd since May '14; petrol falls only 16%
A litre of petrol cost Rs 71.41 in May 2014 when international oil was at USD 106.85 per barrel but even after over two-third fall in global rates, the price of petrol has witnessed only 16 percent decline and remains at Rs 60 per litre.
Feb 24, 2016, 19:16 PM IST
Global crude oil price of Indian basket falls to $99.69/barrel
The international crude oil price of Indian Basket, computed by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, fell to USD 99.69 per barrel on Wednesday.
Sep 04, 2014, 19:01 PM IST
