World Bank cuts 2016 oil forecast, Indian basket at 14-year low
World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections.
Jan 27, 2016, 17:04 PM IST
Know why petrol price in India is so high despite oil in international market at 11-year low
Despite deregulation, prices of petrol and diesel in India are very high than that of international crude oil.
Dec 15, 2015, 00:17 AM IST