Wednesday, April 7, 2010 as of 11:14 AM ET

The usage and pricing of gasoline or petrol results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply).
Read More at Wikipedia ›India's Reliance Industries Ltd.
(500325.BY) has sought the federal government's approval to implement processes which will help it increase output at its natural gas block in the Krishna Godavari region, a senior official of the company said Saturday.The company expects to increase output in about two years after receiving the approval, the executive told reporters."We agree there has been a decline in output which has primarily happened because of water ingress in the areas," the executive said. The company has sought approvals to carry out procedures like work-overs and side-tracking to overcome the hurdles, he added.Reliance is faced a decline in output at its D1 and D3 gas finds at the key D6 gas block at Krishna Godavari--which was intended to help it meet India's rising energy needs.This has also hurt India's gas-based power plants and investment in the sector as banks have become cautious about lending to projects without committed fuel supplies. The nation's steel, petrochemic...Brent crude oil prices gained on Friday, supported by a lack of progress in nuclear negotiations with Iran, returning investor focus to fears over supply if tension ...
India's oil minister said Friday that a decision will be taken on gasoline rates in a few days, as the federal government continues to face a barrage of criticism fr...
FOX Business: The Power to ProsperStock-index futures signaled the markets may open modestly to the downside as traders awaited an important report on consumer senti...
Thailand refiner and petrochemical producer IRPC PCL (IRPC.TH) said Friday its second-quarter operating profit is likely to be stronger than the THB1.14 billion ($36...
KLUANG, Malaysia -(Dow Jones)- Crude palm oil prices may rise from current levels and hover around MYR3,200 a metric ton over the next two months, buoyed by tight st...
Gulf Coast spot gasoline pricing discounts narrowed again on Thursday amid moderate, pre-holiday weekend buying and somewhat on news of a gasoline-making unit shutdo...
Crude-oil futures rallied nearly 1% on Thursday, regaining some ground after recent steep losses. Oil for July delivery advanced 76 cents, or 0.9%, to end at $90.66 ...
Although inflation has stayed stronger in recent months than many expected, some of the upward pressures on prices are "fading," William Dudley, the president of the...
India's state-run fuel retailers have no immediate plan to withdraw a record increase in the price of gasoline, the chairman of Indian Oil Corp. (530965.BY), the cou...
Costco Wholesale Corp.'s (COST) fiscal third-quarter earnings rose 19% as the wholesale-club operator's revenue grew slower than expected.Costco had routinely topped...
An Indian ministerial panel, led by Finance Minister Pranab Mukherjee, will meet Friday to consider whether to raise the prices of diesel and cooking gas, two govern...
Shareholder advisory firm Glass, Lewis & Co. on Wednesday advised investors in Chesapeake Energy Corp. (CHK) to vote for shareholder proposals that would dramaticall...
Oil futures eked out a gain Friday, as traders remained wary of staking out large positions following inconclusive talks with Iran and a long weekend in the U.S.Ligh...
Oil futures inched higher Friday, recouping some of their recent losses but not enough to gain for the week. Oil for July delivery advanced 20 cents, or 0.2%, to $90...
T. Rowe Price is launching a new emerging-market corporate bond fund to capture the growth in these countries, but without betting on their currencies.The T. Rowe Pr...
The fact that some of the world's largest oil and gas reservoirs are 100% owned and operated by national oil companies could benefit international oil companies if e...
Indian Oil Minister Jaipal Reddy said Friday that a decision will be taken on gasoline rates in a few days, as the federal government continues to face a barrage of ...
The final reading of the University of Michigan-Thomson Reuters consumer sentiment index climbed to 79.3 in May - the highest level since October 2007 - from 76.4 in...
The final May reading of the University of Michigan-Thomson Reuters consumer-sentiment index is due at 9:55 a.m. Eastern. Economists polled by MarketWatch expect a f...
