The next ECC meeting will likely abolish inland freight equalisation margin, a component which keeps oil prices the same throughout the country, according to an analyst.
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ECC likely to abolish freight equalisation margin
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Iran cuts off oil and gas exports to europe
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Taiwan may scrap plan for petrochemical complex
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Pipeline would loosen Russian stranglehold on European natural gas supply
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Macquarie Infrastructure Group likely to split in two
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Lanco Infratech, Coal India may see further fall:
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EU regulations have ``catastrophic'' effect on UK road haulage industry, says Association
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Petrol price may be cut by Re 1/ litre
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UK export controls 'to be tightened'
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Saudi Aramco to halt fuel oil exports
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Global oil refining faces significant challenges:
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'It makes no sense to hedge fuel prices in current situation'
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Petrol hike could lead to job losses
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Oil eases in Asian trade
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Globalisation could 'fall apart'
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Nymex to change margins for platinum futures contracts
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Venezuela to avoid cutting oil exports to US