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In 2013 the petrol price was Rs 71/ Lt against a crude price of USD 105/ Barrel. In Dec 2016, the petrol price is Rs 69 against a crude price of USD 55/ barrel. Modi ji came to power promising ‘Acche din”. But where are they, given the fact that government is looting general public to meet expenses rather than generating meaningful revenue.

Oil IPOs ready to bloom across the U.S. as crude heads higher Rising crude prices and a deregulatory push in Washington may spur as many as 40 companies to hold initial public offerings over the next two years, potentially tripling 2016's activity. http://feeds.denverpost.com/~r/dp-business/~3/MKY2RU8wXUQ/

Oil Speculators Most Bullish on U.S. Crude Price in Two Months

Oil Speculators Most Bullish in Two Months as OPEC Calls for $80 - Bloomberg Business

Sensex, Nifty, Midcap continue to rally; Europe mixed, oil slips:Brent crude prices dipped 0.7 percent following Monday's rally as other oil producers welcomed an agreement between Saudi Arabia and Russia to stabilize the oil market.Madhya Pradesh and Jharkhand have begun testing of Johnson & Johnson's baby powder and shampoo to check the presence of cancer causing agents. Madhya Pradesh officials have collected samples from eight cities in the state.

Oil Speculators Most Bullish on U.S. Crude Price in Two Months

Hedge funds slashed their bets on falling oil prices, leaving them the most bullish on U.S. crude futures in two months.

Oil prices fell Monday after weaker-than-expected manufacturing data from China intensified concerns about the global economy. Benchmark oil for October delivery was down 16 cents at $96.31 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.85 to finish at $96.47 per barrel Friday in New York.

Oil rallies after Opec ministers announce output cut

The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years, sending crude prices surging.

Crude prices rise ahead of New Year

Russia Has No Plans to Cut Oil Exports Despite Falling Crude Prices

Russia's state-owned energy major Rosneft and China National Chemical Corporation (ChemChina) signed a contract for the delivery of tonnes of crude oil on a monthly basis to the Chinese company, Rosneft said Saturday in a statement.