According to the data from oil marketing major IndianOil, petrol price rose to Rs 78.12 in Delhi from Rs 77.97 a litre on Saturday.
With quarterly earnings largely over, market sentiment this week will be guided by rupee movement and trend in global crude oil prices, say experts.
Central PSUs may introduce fast-track promotions for star performers and a customised sabbatical policy for long-serving employees.
World shares steadied and the dollar resumed its rise after a wobble caused by Trump’s decision to cancel a summit, though political risk put Italian markets on track for heavy weekly losses.
US stock market futures steadied, helped by a measured response by North Korea to President Donald Trump’s cancelling of a planned summit, while a slump in oil prices pressured energy stocks.
India’s top explorer Oil and Natural Gas Corp has awarded its first mini-term tender to sell Brazil’s heavy crude oil Ostra in June-November to Shell, three sources familiar with the matter said.
Petrol prices across the four metros increased by over Rs 3 per litre in 12 days after dynamic pricing system was resumed on May 14, data on the Indian Oil Corp (IOC) website shows.
Crude oil prices fell further by 0.60 per cent to Rs 4,830 per barrel in futures trade today as speculators reduced their positions, tracking a weakening trend overseas.
Oil prices eased as Russia hinted it may gradually increase output after withholding supplies since 2017 together with producer cartel OPEC.
The government has reiterated a demand for USD 3.8 billion dollars from Reliance Industries, Shell and ONGC following an English court ruling.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr