Petrol and diesel price today: Fuel rates raised after 18 days, check prices in your city
In Delhi, petrol prices were hiked by 15 paise per litre from Rs 90.40 per litre to Rs 90.55 per litre and diesel rates have been raised by 18 paise from Rs 80.73 a litre to Rs 80.91 per litre
BusinessToday.In | May 4, 2021 | Updated 10:02 IST
Petrol and diesel have been steady across India for 18 days in a row till Monday, May 3, revised on April 15
Petrol and diesel prices were increased up to 18 paise across metro cities on Tuesday after a hiatus of 18 days. In Delhi, petrol prices were hiked by 15 paise per litre from Rs 90.40 per litre to Rs 90.55 per litre and diesel rates have been raised by 18 paise from Rs 80.73 a litre to Rs 80.91 per litre, as per a price notification by the Indian Oil Corporation.
By Hadeel Al Sayegh, Saeed Azhar and Alexander Cornwell DUBAI (Reuters) - Saudi Arabian state oil producer Aramco on Tuesday beat analysts forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices. Earnings by global energy companies such as Exxon Mobil have increased on the back of crude oil prices, which have risen by about a third this year, as a global oil surplus caused by the pandemic dwindles and fuel demand recovers. Given the positive signs for energy demand in 2021, there are more reasons to be optimistic that better days are coming, Aramco CEO Amin Nasser said in a statement.
Updated / Tuesday, 4 May 2021
08:50
Aramco has today beaten analysts forecasts with a 30% rise in first-quarter net profit
Saudi Arabian state oil producer Aramco has today beaten analysts forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.
Earnings by global energy companies such as Exxon Mobil have increased on the back of crude oil prices, which have risen by about a third this year, as a global oil surplus caused by the pandemic dwindles and fuel demand recovers. Given the positive signs for energy demand in 2021, there are more reasons to be optimistic that better days are coming, Aramco CEO Amin Nasser said in a statement.
ConocoPhillips Bounces Back Along with Oil Demand, February Spike in Natural Gas Prices
ConocoPhillips’ 1Q2021 profit marked its first amid the coronavirus pandemic and reflected both a recovery in global oil demand and a winter surge in domestic natural gas prices.
The Houston-based energy giant in the first quarter also closed its $9.7 billion acquisition of Concho Resources Inc., forming a Permian Basin powerhouse that will rival the output of the biggest players in the Lower 48’s most productive oilfield.
“The first quarter was a momentous one for ConocoPhillips,” said CEO Ryan Lance.
The world’s largest independent said the average price of its crude and natural gas liquids during the first quarter was $45.36/bbl, 17% higher than the $38.81 boe realized in the year earlier quarter. This reflected stronger oil prices and Winter Storm Uri’s impacts on gas realizations.