Search For "oil market"
Constrained milk, wheat supplies amid volatile crude market raise inflatio
Updated : 2 years, 10 months ago IST
Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from May 2023 are factors that may, going forward, influence the inflation trajectory in India, Ministry of Finance's Monthly Economic R
Read More
Saudi Arabia's plan to cut oil production will be risky for global economy
Updated : 2 years, 11 months ago IST
On Saudi Arabia's announcement of cutting oil production, Fatih Biral, Executive Director of, the International Energy Agency said, "Saudi Arabia, Russia and others- the OPEC plus producers decided to cut the oil production. And when we look at the International Energy Agency's analysis and
Read More
Commercial LPG cylinder prices slashed by Rs 91.50 in National Capital
Updated : 2 years, 11 months ago IST
A 19 kg of Commercial LPG cylinder will now cost Rs 2,028 in the national capital. However, no changes have been made in the prices of the domestic LPG cylinders, sources said.
Read More
Adventz Group and Envien Group to jointly develop and own Greenfield 150 K
Updated : 3 years ago IST
Delhi [India], March 16 (ANI/BusinessWire India): Zuari Industries Limited (ZIL) has entered into definitive agreements with Envien International Limited of Envien Group, headquartered in Slovakia on 15 March 23 to jointly develop, construct own and operate a 150 KLPD grain-based distillery
Read More
Prices of commercial LPG hiked by Rs 350.50 per unit, cooking gas Rs 50 pe
Updated : 3 years ago IST
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect from Wednesday.
Read More
Moody's affirms stable ratings outlook for oil firms IOCL, BPCL, and HPCL
Updated : 3 years ago IST
The profitability of the Indian oil marketing companies (OMCs) has increased as retail selling prices of petroleum products have "remain unchanged" during six months in 2022.
Read More
Pakistan: Pumps run out of petrol, disrupts routine life of people
Updated : 3 years, 1 month ago IST
Amid a severe economic crisis, most of the petrol pumps in the Punjab region of Pakistan ran out of petrol disrupting the routine life of people. In distant places where there have been no supplies for the pumps for more than a month, the situation is terrible, Dawn reported.
Read More
Pakistan: Long queues at filing stations amid petrol shortage
Updated : 3 years, 1 month ago IST
According to petrol dealers, companies cut down supplies of petroleum products to the province over long delays in the issuance of letters of credit by private banks for imports.
Read More
Petroleum Minister asks oil companies to reduce petrol-diesel prices
Updated : 3 years, 1 month ago IST
"Oil marketing companies should cut down prices once international prices are stabilised and they have managed to recover under-recovery," Puri said.
Read More
OMCs hike commercial gas cylinder price by Rs 25
Updated : 3 years, 2 months ago IST
With this price hike, a 19-kg commercial cylinder in Delhi will cost Rs 1,769, Rs 1,721 in Mumbai, Rs 1,870 in Kolkata and Rs 1,971 in Chennai. However, there would be no change in the prices for domestic LPG.
Read More
Rs 25 hike in Commercial LPG cylinder price
Updated : 3 years, 2 months ago IST
The Oil Marketing Companies on Sunday raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 25 with immediate effect on the first day of the New Year 2023.
Read More
Assam Petroleum Mazdoor Union stops fuel transportation to Meghalaya amid
Updated : 3 years, 3 months ago IST
Following the firing incident along the Assam-Meghalaya border, the Assam Petroleum Mazdoor Union on Friday said that it has stopped the transportation of fuel to Meghalaya. The Union sent letters to PSU oil marketing companies informing them of their decision to not load fuel in tankers.
Read More