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Latest news from Commodities
Oil climbs to $86 as China oil demand rises
Oil falls below $86 as oversupply, global economy worries weigh
Now, Centre to cap subsidy on cooking gas
Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was aMore
Iraq proposes to split Basra Light crude into two grades
Brent holds on to gains above $86, helped by US consumer sentiment
RIL falls; gas price hike seen lower than expected
Boost for ONGC but RIL will have to wait
The much-awaited decision on gas prices has finally come. However, production is unlikely to increase in the near term. The decision to raise the price from the current $4.2/mBtu to $5.61/mBtu willMore
India ends diesel controls, raises gas prices
Govt frees diesel, raises gas price
The government on Saturday took a step forward on fuel pricing by approving a 33 per cent jump in natural gas prices to $5.61 per mBtu and by decontrolling the price of diesel.

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Opposition slams gas policy, freeing of diesel rates
Opposition parties on Saturday slammed the Centre's move to deregulate diesel prices and increase gas prices.

The Communist Party of India (CPI) said the move would have a cascading