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Brent gains, stays above $107 on supply woes; Europe eyed
Brent oil rose to stay above $107 a barrel on Tuesday, backed by concerns over potential Middle East supply disruptions, although the modest gain reflects caution over a deepening euro zone debt crisis that is hurting the outlook for global fuel demand. Tension between major oil producer Iran and the West remains high after inconclusive discussions last week on Iran's nuclear programme, reviving

No plan to revise diesel, LPG or kerosene prices

NEW DELHI (Reuters) - The government has no immediate plans to raise the retail prices of diesel, kerosene and LPG, Oil Minister S. Jaipal Reddy said on Monday, days after a move to raise petrol

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No diesel price hike for now, says Reddy

After last week’s 12 per cent increase in the price of petrol caused much unrest, the government is having second thoughts on raising prices of diesel and cooking fuels. Speaking after an

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Shortage of petrol, diesel hits Chennai

An acute shortage of petrol and diesel has gripped the city as several petrol bunks went dry today, prompting irate vehicle owners to stage protests amidst complaints of hoarding and lack of supply.

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Tata Motors enters agreement in Myanmar
Mumbai, May 28 (IBNS) Automobile major Tata Motors on Monday said it has entered into an agreement with Apex Greatest Industrial Co Ltd. (AGI), Myanmar, for the distribution of Tata Motors' commercial vehicles and passenger cars in Myanmar.

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Reddy rules out rollback of rise in petrol prices

Ending all speculations of a rollback in petrol price, the government on Friday said it would watch the situation for a few days before taking any decision. Petroleum Minister Jaipal Reddy said the

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