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Tag "fuel price"

India’s fuel demand up 22% YoY in May: S&P Global Commodity Insights

India’s fuel demand up 22% YoY in May: S&P Global Commodity Insights

🕔17:54, 14.Jun 2022

India’s oil product demand in May was up 860,000 barrels per day or 22 per cent year-on-year from a low base in 2021, S&P Global Commodity Insights said in a note. New Delhi, June 14 (IANS) India’s oil product demand in

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Rosneft boosts production with domestic innovations

Rosneft boosts production with domestic innovations

🕔06:58, 26.May 2022

Orenburgneft, Rosneft’s subsidiary and part of its oil and gas production segment, has achieved record oil production results from introducing domestic innovations. New Delhi, May 26 (IANS) Orenburgneft, Rosneft’s subsidiary and part of its oil and gas production segment, has achieved

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US announces new sanctions, G7 to phase out Russian oil imports

US announces new sanctions, G7 to phase out Russian oil imports

🕔05:47, 9.May 2022

The US on Sunday announced new sanctions on Russia, targeting management consultancies and accounting services and media outlets funded directly or indirectly by the state. Also, among the new curbs, were export controls on equipment and machinery such as bulldozers.

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High fuel prices to hit near-term demand, recovery seen in H2: Report

High fuel prices to hit near-term demand, recovery seen in H2: Report

🕔17:06, 14.Apr 2022

New Delhi, April 14 (IANS) High prices of fuels are likely to dampen near-term demand for energy, however, recovery is expected in the second half of calendar year 2022 (July-December). Driven by a more broad-based pickup in economic activity as the

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Fuel prices hiked for 13th time in 15 days

Fuel prices hiked for 13th time in 15 days

🕔12:35, 5.Apr 2022

New Delhi, April 5 (IANS) The state-run oil marketing companies on Tuesday raised key transport fuel prices for the 13th time in the last 15 days. Consequently, in the past 15 days, petrol prices have increased by Rs 9.40 per litre

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Petrol, diesel prices raised again

Petrol, diesel prices raised again

🕔12:30, 31.Mar 2022

New Delhi, March 31 (IANS) State-owned oil marketing companies (OMC) on Thursday raised the prices of petrol and diesel for the ninth time in the last 10 days. These prices were revised for the very first time on March 22, after

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Petrol prices up again; rise by Rs 4.80 per litre in 8 days

Petrol prices up again; rise by Rs 4.80 per litre in 8 days

🕔07:19, 30.Mar 2022

New Delhi, March 30 (IANS) The domestic retail selling prices of petrol and diesel were increased for the seventh time in eight days on Tuesday. Consequently, in the past eight days, petrol and diesel prices have increased by Rs 4.80 per

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Centre has room to isolate consumers from 15% hike in crude prices: MOFSl

Centre has room to isolate consumers from 15% hike in crude prices: MOFSl

🕔15:35, 26.Mar 2022

New Delhi, March 26 (IANS) Centre has the room to isolate consumers from roughly 15 per cent hike in international crude oil prices, said Motilal Oswal Financial Services. According to the brokerage house’s estimates, the Centre has the financial capacity to

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Petrol, diesel prices raised again

Petrol, diesel prices raised again

🕔15:34, 26.Mar 2022

New Delhi, March 26 (IANS) State-owned oil marketing companies (OMC) on Saturday raised petrol and diesel prices for the fourth time this week. These prices were revised for the very first time on Tuesday, March 22, after a gap of more

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Petrol, diesel prices raised again

Petrol, diesel prices raised again

🕔11:55, 25.Mar 2022

State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week. New Delhi, March 25 (IANS) State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week.

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Petrol, diesel prices raised again for 2nd consecutive day

Petrol, diesel prices raised again for 2nd consecutive day

🕔11:34, 23.Mar 2022

New Delhi, March 23 (IANS) State-owned oil marketing companies on Wednesday raised petrol and diesel prices for the second consecutive day. These prices were revised for the very first time on Tuesday after a gap of more than 4-months. Accordingly, the

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Govt looking for alternative market for fuel purchase: Puri

Govt looking for alternative market for fuel purchase: Puri

🕔18:22, 14.Mar 2022

Union Minister for Petroleum Hardeep Singh Puri on Monday informed the Rajya Sabha that the government is looking for an alternate market for fuel purchase amid the ongoing Russia-Ukraine conflict. New Delhi, March 14 (IANS) Union Minister for Petroleum Hardeep Singh

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Cost of War: Brent Crude breaches $111 mark; highest in 8 yrs

Cost of War: Brent Crude breaches $111 mark; highest in 8 yrs

🕔16:15, 2.Mar 2022

New Delhi, March 2 (IANS) Lower supplies as well as hostilities between Russia and Ukraine pushed Brent crude oil price to nearly an 8-year high on Wednesday. Besides, robust global demand is expected to keep the Brent-index crude oil price high.

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Collateral Damage: High crude prices to weaken rupee

Collateral Damage: High crude prices to weaken rupee

🕔07:17, 28.Feb 2022

New Delhi, Feb 29 (IANS) India’s rupee is expected to weaken on the back of geo-economic pressures unleashed by the ongoing hostilities between Russia and Ukraine. Higher prices of global crude oil, gold and other commodities is likely to weaken the

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India open to support initiatives for releases from ‘Strategic Petroleum Reserves’

India open to support initiatives for releases from ‘Strategic Petroleum Reserves’

🕔17:11, 26.Feb 2022

New Delhi, Feb 26 (IANS) The Centre on Saturday said it is open to support initiatives for releases from ‘Strategic Petroleum Reserves’ to mitigate market volatility and calming the rise in crude oil prices. As per Ministry of Petroleum & Natural

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India closely monitoring global energy markets as well as potential energy supply disruptions as a fallout of the evolving geopolitical situation

India closely monitoring global energy markets as well as potential energy supply disruptions as a fallout of the evolving geopolitical situation

🕔15:42, 26.Feb 2022

New Delhi, Feb 26: Government of India is closely monitoring global energy markets as well as potential energy supply disruptions as a fall out of the evolving geopolitical situation. With a view to ensuring energy justice for its citizens and

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High crude prices can spike petrol, diesel prices by over Rs 6 per litre: ICRA

High crude prices can spike petrol, diesel prices by over Rs 6 per litre: ICRA

🕔11:20, 26.Feb 2022

New Delhi, Feb 26 (IANS) High crude oil prices, due to geo-political concerns, can spike petrol, and diesel prices by Rs 6 to Rs 8 per litre, ratings agency ICRA said. According to the ratings agency, the lagged revision in RSPs

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Crude at $105: India to suffer from high inflation, import bill

Crude at $105: India to suffer from high inflation, import bill

🕔12:50, 25.Feb 2022

Russia-Ukraine war has accelerated Brent Crude Oil prices which raced to $105 per barrel on Thursday and is expected to mar India’s economy with high inflation. At present, India which imports 85 per cent of its crude oil needs, is

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Russia-Ukraine war sends Brent Crude Oil prices beyond $100

Russia-Ukraine war sends Brent Crude Oil prices beyond $100

🕔16:44, 24.Feb 2022

New Delhi, Feb 24 (IANS) Brent-indexed crude oil prices climbed above $100 a barrel for the first time since 2014 after Russia declared war on Ukraine. On Thursday, Russian President Vladimir Putin announced a military operation in Ukraine. Besides, crude oil

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Oil prices at highest level for more than seven years

Oil prices at highest level for more than seven years

🕔16:42, 24.Feb 2022

Oil prices have surged past $100 a barrel after Russian President Vladimir Putin launched a “special military operation” in the eastern Donbas region of Ukraine, BBC reported. New Delhi, Feb 24 (IANS) Oil prices have surged past $100 a barrel after

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