New Delhi, April 8 Crude oil prices plummeted by 18 percent to Rs 8,775 per barrel in futures trading on Wednesday, following an agreement between the US and Iran to a two-week ceasefire and the reopening of the Strait of Hormuz, triggering heavy selling by traders as geopolitical risk vanished...
March 11, New Delhi — Several Asian countries have announced measures to reduce fuel consumption and manage rising energy costs amid volatility in global oil markets linked to tensions in West Asia.In the Philippines, President Ferdinand Marcos has announced a four-day government work week to...