Widening losses incurred by state-run firms on fuel sales to over Rs 500 crore per day, the basket of crude oil that Indian refiners buy on Tuesday breached the crucial $110 a barrel mark at $110.34

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>It stood at $110.34 per barrel yesterday, a 75 per cent jump over last year

Oil basket crosses $110 mark

More From This Section

Sugar mills' margin to remain under pressure this year

Fertilizer sale declines 15% in H1 of 2013: ICRA

Cotton Advisory Board scales up export, import estimates

Industry bodies oppose commodities transaction tax

Explore News