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July 1, 2022
India’s diesel exports in May posted a growth of 15.2% compared with the previous month and are set to rise further, as the arrival of monsoon rains is expected to slow domestic construction activity at a time when refiners are reaping rich returns on the back of lucrative refining margins, trade sources and analysts said. ...
June 23, 2022
India’s crude oil imports in May rose about 13.4% from a year earlier as refiners stocked up on cheaper Russian supply to cater to a recovery in demand in the world’s third-biggest oil consumer. Crude oil imports increased to 19.57 million tonnes, according to data from the Petroleum Planning and Analysis Cell on Wednesday. However, ...
June 22, 2022
Crude oil imports increased to 19.57 million tonnes, according to data from the Petroleum Planning and Analysis Cell on Wednesday. However, crude imports decreased by about 9.1% from April.
June 22, 2022
India's fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in 2021, when the country was in the grip of a second wave of COVID-19.
June 11, 2022
At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless
June 10, 2022
As per the PPAC, the Indian basket of crude oil averaged $111.86 per barrel between February 25 and March 29 - the immediate period after Russia's invasion of Ukraine sent oil on fire.
June 10, 2022
The Indian basket on June 9 touched USD 121.28, matching levels seen in February/March 2012, according to data available from the oil ministrys Petroleum Planning and Analysis Cell (PPAC), , Indian Crude Oil Basket, oil prices, Petroleum Planning and Analysis Cell (PPAC)
June 10, 2022
A weak rupee, surging crude prices and relentless foreign capital outflows further weighed on sentiment
June 10, 2022
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel remain unchanged
June 10, 2022
At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.