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  Oil near $109 on supplies drop, Fed stimulus

  World | Sep 19, 2013, 11:48 AM IST

  Bangkok:  The price of oil rose Thursday after the U.S. Federal Reserve kept its monetary stimulus in place and U.S. oil supplies fell more than expected.Benchmark oil for October delivery was up 61 cents to

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  Either Hike Oil Prices Or Raise Subsidy, Says Economic Adviser

  India | Mar 02, 2011, 05:37 PM IST

  New Delhi, Mar 2: The government may be forced to hike diesel and cooking fuel prices or shell out more on oil subsidy if global crude oil prices continue to rise, Chief Economic Advisor Kaushik