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Crude Oil and Natural Gas Market May See a Big Move | Major Giants BP, Shell, Exxon Mobil, Saudi Aramco


Crude Oil and Natural Gas Market May See a Big Move | Major Giants BP, Shell, Exxon Mobil, Saudi Aramco
iCrowd Newswire
09 Jul 2021, 10:43 GMT+10
Latest Study on Industrial Growth of Global Crude Oil and Natural Gas Market 2021-2027. A detailed study accumulated to offer Latest insights about acute features of the Crude Oil and Natural Gas market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. ....

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Temporary respite: On latest retail inflation and industrial output data


Price stability must be maintained even as steps to boost demand are taken
The latest retail inflation and industrial output data from the National Statistical Office (NSO) offer some relief from the pall of gloom cast by the relentless second wave of the COVID-19 pandemic. Provisional headline inflation slowed to a three-month low of 4.29% in April, helped by softer food prices and a statistical base effect. The rate using an imputed index for the year-earlier period was 7.22%. A separate NSO release showed March industrial output jumped by 22.4%, benefiting again from the fact that the Index of Industrial Production (IIP) had posted an 18.7% contraction in March 2020, when the economy was halted by the start of a nationwide lockdown. A closer look at the inflation data reveals a substantial cooling in the prices of cereals, milk and milk products, vegetables, and pulses and products. While both cereals and vegetables saw a deflationary trend widen to -2.96% and -14.2%, resp ....

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Petrol, diesel prices hiked as elections end


Petrol, diesel prices hiked as elections end
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The prices of petrol and diesel have gone up once again as soon as the elections ended. State-owned oil marketing companies increased the price of petrol as well as diesel on Tuesday. This was done after the results were declared for the assembly elections in Puducherry, Assam, Kerala, West Bengal and Tamil Nadu on Sunday. This is for the first time since February  23 that the fuel prices have been increased.
The price 0f petrol has been increased by 15 paise so now it sits at Rs. 90.55 per litre whereas the price of diesel has been increased by 18 paise so it sits at Rs. 80.91 per litre. These prices are in Delhi on Tuesday at an Indian Oil Corporation Ltd’s outlets. It is being expected that the fuel prices will go up gradually from here on. ....

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