Crude had surged more than 15 per cent in the four sessions since the November 30 OPEC meeting.
7 Dec 2016 7:43 AM IST
Brent crude settled at $54.94 a barrel, up 48 cents - or 0.88 per cent - before retreating to $54.22 a barrel.
6 Dec 2016 7:49 AM IST
India deregulated the price of petrol in 2010 and that of diesel in 2014.
15 Dec 2016 2:34 AM IST