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October 4, 2021
Rising international crude oil prices are burning pockets of laymen in India. Petrol and diesel prices have been hiked again, and this time to a record-high level.
October 1, 2021
The government has hiked the price of domestic natural gas by 62 per cent. The latest hike could lead to a rise in cooking gas and CNG rates.
September 30, 2021
This is the combined series for the 3000 ATM RAs. Produced by the Military Aviation Authority (MAA).
August 17, 2021
India News: Issuing a strong rebuttal to finance minister Nirmala Sitharaman’s argument that the Modi government would not cut excise duty on petrol and diesel fo
August 17, 2021
The Congress has retaliated against Finance Minister Nirmala Sitharaman's claim that the central government cannot reduce excise duty on fuel due to "trickery" of the previous UPA-led regime.
August 10, 2021
WASHINGTON (dpa-AFX) - Oil prices rebounded from three-week lows on Tuesday after data showed fuel demand in India rose in July to its highest since April, raising optimism the pandemic setback
July 14, 2021
REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity. Some states, such as the western state of Maharashtra, eased restrictions early June. Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gas...
July 12, 2021
Markets open in green: Sensex surges over 250 points; Nifty above 15,700 ANI Photo The stock markets opened higher on Monday (July 12) with Sensex surging over 248 points or 0.47 percent at 52,634.30 while the Nifty50 was up 77 points or 0.49 percent at 15,766.80 in opening trade tracking gains in index majors ICICI Bank, TCS and Reliance Industries amid a firm trend in global markets.. The 30-share BSE index was trading 241.95 points or 0.46 percent higher at 52,628.14 in initial deals, while ...
July 11, 2021
Fuel demand rebounded in June after slumping to a nine-month low in May as several states eased Covid-19 restrictions and economic activity picked up. However, the spike in global crude prices after failure of Opec+ to reach an agreement is likely to add to inflationary pressures on the economy, analysts said. Advertisement Fuel consumption rose 1.5 per cent to 16.33 million tonnes in June from a year earlier and by 8 per cent over May 2021, data from the Petroleum Planning and Analysis Cell of...
July 10, 2021
Indias fuel demand recovered last month after slumping to a nine-month low in May, as restrictions to curb the spread of the pandemic were eased and mobility picked up. Fuel consumption, a proxy for oil demand, rose 8% from May to 16.34 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Friday. A second Covid-19 wave, which stalled mobility and dulled economic activity, dragged fuel consumption to its lowest since Au...