Jumping by nearly three dollars, the price for oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) ended the day at $50 a barrel on Thursday, the cartel announced on Friday.
OPEC is fully enforcing its deepest ever oil supply curbs.
http://www.ibnlive.com/news/oil-jumps-nearly-7-percent-on-supply-cuts-dollar/83438-7.html
The rupee closed at Rs 48.42 against the dollar on Monday.
http://www.ibnlive.com/news/rupee-firms-up-against-dollar-gold-price-rise/81561-7.html
Prices of LPG though will remain unchanged.
http://www.ibnlive.com/news/petrol-diesel-prices-cut-to-rein-in-inflation/79832-7.html
US crude fell $3.71, to $49.91 a barrel by 1402 GMT, the weakest level since January 2007.
http://www.ibnlive.com/news/crude-dips-below-50-for-the-first-time-since-jan-2007/78603-7.html
This is the lowest level of oil in almost 2 years.
http://www.ibnlive.com/news/oil-prices-fall-below-56-mark-after-g20-meet/78362-7.html
PM says with oil companies still in red, the time is not right to slash prices.
http://www.ibnlive.com/news/crude-prices-low-but-pm-says-no-cut-in-fuel-prices/77955-7.html
Oil rose more than $3 on Friday, rebounding from a 15-month low.
http://www.ibnlive.com/news/oil-price-rise-on-wall-street-rally/76067-7.html
Gold futures touched a new high at Rs 14,200 per 10 grams on Friday.
http://www.ibnlive.com/news/gold-prices-soar-as-rupee-hits-an-alltime-low/75515-7.html
The Indian consumer awaits a slide in oil prices as the crude slips.
http://www.ibnlive.com/news/lower-crude-does-not-warrant-lower-prices-government/75249-7.html
It earlier fell by $1and 16 cents or 1.2 per cent to $92 and 81 cents.
http://www.ibnlive.com/news/crude-oil-price-rise-copper-and-gold-fall/74935-7.html
Prices have fallen almost $25, or 20 per cent, in the past week.
http://www.ibnlive.com/news/oil-prices-plunge-as-us-financial-bailout-plan-fails/74683-7.html
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