Fuel prices play a vital role in the country's economic growth, as an increase or decrease in rates has a direct impact on the level of inflation. Earlier, oil prices were revised on a monthly basis.

Oil surges 5% after US sanctions Russian firms Rosneft, Lukoil Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil ...