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Crude futures fall on inflation, India concerns as Colonial pipeline restarts


Singapore
0252 GMT: Crude oil futures were lower during the mid-morning trade in Asia May 14 as the market remained spooked by inflation and the progress of the pandemic in India, with the restart of the Colonial pipeline providing further headwinds for prices.
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At 10:52 am Singapore time (0252 GMT), the ICE Brent July contract was down 34 cents/b (0.51%) from the May 13 settle at $66.71/b, while the June NYMEX light sweet crude contract was down 28 cents/b (0.44%) at $65.41/b.
The continuing retreat came after the two markets plunged 3.27% and 3.42%, respectively on May 13. ....

Vandana Hari , India Oil Corp , Bureau Of Labor Statistics , Us Bureau Of Labor Statistics , John Hopkins University , Asia May , Labor Statistics , Vanda Insights , வந்தனா ஹரி , இந்தியா எண்ணெய் கார்ப் , பணியகம் ஆஃப் தொழிலாளர் புள்ளிவிவரங்கள் , எங்களுக்கு பணியகம் ஆஃப் தொழிலாளர் புள்ளிவிவரங்கள் , ஜான் ஹாப்கின்ஸ் பல்கலைக்கழகம் , ஆசியா இருக்கலாம் , தொழிலாளர் புள்ளிவிவரங்கள் , வந்தா நுண்ணறிவு ,

ioc: India Oil Corp submits rate revision request for its Dadri-Panipat natural gas pipeline


Synopsis
The tariff proposed by the company is lower than the pipeline’s current tariff of Rs 16.46 per mmBtu, which the PNGRB had determined for three years ending March 2021. The current tariff is much lower than Rs 38.45 the company had proposed to the regulator.
The 132-km-long pipeline has an economic life of 30 years extending to 2040 and a capacity of 9.5 million metric standard cubic meters a day (mmscmd).
India Oil Corp has sought a rate of Rs 14.59 per mmBtu for its Dadri-Panipat natural gas pipeline in its tariff revision plea filed with the Petroleum and Natural Gas Regulatory Board, which will take a final call after wider consultation. ....

Indian Oil , India Oil Corp , Natural Gas Regulatory Board , Petroleum And Natural Gas Regulatory Board , Dadri Panipat , Natural Gas Pipeline , இந்தியன் எண்ணெய் , இந்தியா எண்ணெய் கார்ப் , இயற்கை வாயு ஒழுங்குமுறை பலகை , பெட்ரோலியம் மற்றும் இயற்கை வாயு ஒழுங்குமுறை பலகை , தாத்ரி பானிபட் , இயற்கை வாயு குழாய் ,