Oil Halts Losses on Eve of OPEC+ Meeting
Oil rebounded after a three-day fall with the OPEC+ alliance said to be poised to agree an output increase at its meeting this week.
Source: rigzone.com
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Oil Snaps Losing Run Before OPEC+ Meeting in Show of Resilience
Oil jumped the most in more than a week after a U.S. government report showed a record drop in domestic fuel inventories from the aftermath of a deep freeze that shuttered refineries in several states.
Source: msn.com
India's oil demand set to hit record high as recovery from Covid sets in
India, once the center of global oil demand growth, expects its fuel consumption to bounce back during the coming year as the nation recoups the losses caused by Covid-19. Demand for gasoline, diesel and other fuels will reach a record 215.24 million tons in the 12 months through March 2022, according to estimates by the Petroleum Planning and Analysis Cell of India’s oil ministry. That’s almost a 10 per cent rebound from the current year, which has been hit hard by the virus. At one st...
Petroleum Planning Organization Of Petroleum Exporting Countries Analysis Cell Petroleum Exporting Countries Indian Oil Demand Indias Oil Consumption
Source: business-standard.com
Crude Oil Halts Run of Losses on Eve of Critical OPEC+ Meeting
Oil jumped the most in more than a week after a U.S. government report showed a record drop in domestic fuel inventories from the aftermath of a deep freeze that shuttered refineries in several states.
Source: msn.com
Oil demand: India set for record oil demand on recovery from Covid washout
India Business News: Demand for gasoline, diesel and other fuels will reach a record 215.24 million tons in the 12 months through March 2022, according to estimates by the
Organization Of Petroleum Exporting Countries Opec Petroleum Planning Analysis Cell Petroleum Exporting Countries Business News Record Oil Demand
Source: indiatimes.com
Oil Takes Double Blow as OPEC+ to Loosen Taps, Stockpiles Expand
(Bloomberg) -- Oil steadied near $60 a barrel after a three-day fall with the OPEC+ alliance said to be poised to agree an output increase at its meeting this week, a sign of the market’s resilience as the impact of the pandemic ebbs.
Source: bloombergquint.com
Petrol and diesel consumption fall in January as prices shot up
Bucks the trend of rising demand
Source: thehindubusinessline.com
Memo To Finance Minister On Petrol Spike: Don't Cut Taxes, But Share More Of It With States
Don’t cut taxes, but share more of it with the states.
Source: swarajyamag.com
Telangana fuel income falls by Rs 1,000 crore as coronavirus crisis leads to 30% drop in sales
Updated Feb 18, 2021 | 18:55 IST The state suffered a 30% fall in the sales in the last financial year, resulting in Rs 1,000 crore drop in income. Telangana fuel income falls by Rs 1,000 crore as Covid leads to 30% drop in sales  |  Photo Credit: IANS Hyderabad: The state continues to be behind other southern states in sales of petroleum products, at a time when fuel sales in the country increased for the first time in September last year. Telangana suffered...
Andhra Pradesh Tamil Nadu Rajiv Amaram Petroleum Dealers Association Consortium Of Indian Petroleum Dealers Petroleum Planning
Source: timesnownews.com
Petrol crosses Rs 100 in Rajasthan's Ganganagar, MP's Nagarabandh
Petrol has jumped to Rs 96 per litre in Mumbai after oil companies hiked the price by 25 paise on Wednesday. The cost of 1 litre diesel touched Rs 86.98 per litre.
Source: origin-businesstoday.intoday.in