Oil cos to review petrol prices every month
The public sector oil companies – Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation – will review petrol prices on a monthly basis. And changes in price, if any, will be through mutual consensus and remain at a uniform rate for the PSU companies.

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We’ll intervene if prices become volatile: Deora
NEW DELHI: The government would always intervene to protect consumer interests in case of volatility in crude prices in international markets, Petroleum and Natural Gas Minister Murli Deora said. Asserting that it was wrong to say the …

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Milk prices to drop by 10pc
Dairy farmers can expect a bit of the heat to come off high milk prices by the year’s end, says Rabobank.

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Stocks, Korea tension bring down oil prices Oil prices continued their three-week slide Tuesday, pulled down by falling global stock markets, a declining euro and saber-rattling in Korea. Benchmark crude for July delivery dropped $1.82 to $68.39 a barrel on the New York Mercantile Exchange. Read more on The Durango Herald

India festival gold demand slack as prices hit record India gold traders turned their backs on the market on Friday and refrained from taking fresh positions as prices touched a new record high, while flow of scrap increased, dealers and traders said. Read more on Business Standard India

Get ready for higher gas prices
Associated Press | After a break, gasoline prices are ready to climb again. Surging wholesale gasoline prices should push pump prices to an 18-month high and put drivers in many parts of the country on the cusp of having to pay $3 per gallon for gasoline.

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Meltdown continues, sugar prices hit new lows
The sugar industry is worried over prices hitting a new low of Rs 2,500 a quintal. In the past seven days, prices of the commodity have fallen by over Rs 400 per quintal from Rs 2,900 a quintal. Industry experts and traders fear if the fall continues, it will lead to a problem of non-lifting of sugar. Huge quantity of sugar is yet to be lifted and millers are being forced to sell at low prices …

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Energy prices fall as rally of recent weeks fades
NEW YORK – Energy prices stayed in lower territory Thursday even as the stock market recovered from early losses and the Dow Jones Industrial Average inched closer to the 11,000 mark.

Read more on The Canadian Press via Yahoo! Canada News

High produce prices hurt area restaurants
Winter cold down south has had a major impact on vegetable supply in the Rochester area.

Read more on Rochester Democrat and Chronicle

Oil prices settle below $85 a barrel
Oil prices fell Friday for a third day, dropping below $85 a barrel as traders questioned whether Americans were burning enough fuel to justify higher prices.

Read more on FOX 12 Idaho