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Latest Articles in Oil and Gas
Rising Fuel, CNG Prices: Auto, Taxi Drivers Go On Strike In Delhi Today
Commuters in Delhi may face problems as various unions of auto, taxi and mini bus drivers have decided to go on strike on Monday.
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Centre Looking To Fill Govt Coffers By Raising Petrol Prices: K T Rama Rao
PM Narendra Modi has been trying to weaken the states since he came to power and is trying to fill government coffers by raising petrol prices, Telangana Minister TRS Working President K T Rama Rao
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Petrol, Diesel Prices Up By 80 Paise; Total Increase Now Stands At Rs 6.40
This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22
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Bonanza For RIL, ONGC: Gas Price To More Than Double This Week: Report
Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said
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Petrol Crosses Rs 100 In Delhi After 80 Paise Hike, Diesel Up 70 Paise
Petrol price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre and 70 paise in case of diesel, taking the total increase in rates in one week to Rs 4.80 per litre
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IOC, BPCL, HPCL Lost $2.25 Bn In Revenue Due To Fuel Price Freeze: Moody's
India's top fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue in March by keeping petrol and diesel prices unchanged
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Fuel Price Hike: Petroleum Minister Puri Defends Govt In Lok Sabha
In spite of all that, the government is making ''every effort to make sure that the consumer at the point of consumption get fuel at an affordable price," he said
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Petrol, Diesel Prices Hiked By 80 Paise A Litre For Second Day In A Row
Petrol and diesel prices on Wednesday were hiked by 80 paise a litre each for the second day in a row since the ending of an over four-and-half month hiatus in rate revision
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India's Feb Oil Imports Surge As Refiners Boost Runs
Indian refiners typically buy oil two months ahead of processing. Refiners are raising runs to cash in on high margins to offset some of the losses incurred for selling fuels in the local markets
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Imminent Price Hike Expectation Drives Petrol, Diesel Sales In India
India's auto fuel sales surged past pre-pandemic levels in the first half of March as consumers and dealers topped tanks in anticipation of a likely price hike post assembly elections
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Oil Prices Fall Below $100, Ease Pressure On Fuel Retailers
International oil prices, which shot up since Russia invaded Ukraine, have swung about $40 per barrel in little more than a week
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Petrol, Diesel Price Hike Likely This Week After Almost 4 Months
Petrol and diesel prices need to be increased by Rs 15 a litre for fuel retailers to break even
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Rs 12 Hike In Petrol, Diesel Price Needed To Break-even: ICICI Securities
Crude oil prices shot above USD 120 a barrel for the first time in nine years on Thursday before retreating a little to USD 111 on Friday, but the gulf between cost and retail rates has only widened
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Petrol, Diesel Price Hikes To Restart From Next Week
International crude oil prices shot above USD 110 a barrel for the first time since mid-2014 on fears that oil and gas supplies from energy giant Russia could be disrupted, either by the conflict in Ukraine or retaliatory western sanctions
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Oil Retreats, But Still Above $100; No Supply Shocks For India
Brent crude oil surged past USD 105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine
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