Both crude benchmarks earlier climbed more than 1.5%
Diesel, however, may become expensive by Rs3.29 per litre
Widening macroeconomic crisis forces Dutch oil company to sell shareholding
In open market, currency regains 1.36% to Rs294 to a dollar
This represents a substantial increase compared to the 11.3% rate observed in FY22
Gas purchase from Azerbaijan will help bridge energy shortages
Spokesperson says company suffered losses in 2022 due to exchange rates, devaluation of rupee, overdue receivables
It comes after banks provide $5m to currency dealers
DISCOs will display the approved FCA separately in the consumer bills on the basis of units billed in April 2023
Finance ministry plans to increase oil levy from Rs50 to Rs60 per litre