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Oil Gas Fuel Prices

Tea.

Tea Planters' Body Urges AGCL To Lower Gas Price To Ease Cost Burden On Assam Gardens

Underlining that the tea industry in Upper Assam is dependent on the gas supply by AGCL, "this abrupt increase of price" has put the sector in "jeopardy," according to an official.

25 May 2022

Congress Protest.

Congress Slams Govt Over Hike In Price Of Commercial Cooking Gas Cylinder

In Delhi, the 19-kg commercial cylinder would now cost Rs 2,355.50 as compared with Rs 2,253 per cylinder, according to media reports.


File Photo.

EXPLAINER: What's The Impact If Europe Cuts Off Russian Oil?

The EU sends $450 million a day to Russia for oil and $400 million per day for natural gas, according to calculations by analysts at the Bruegel think tank in Brussels. 


Aramco.

Saudi Oil Giant Aramco's Profits Surge 80% In First Quarter

The bumper first-quarter earnings by the firm formally known as the Saudi Arabian Oil Co show a record net income of $39.5 billion, up from $21.7 billion during the same period last year.

15 May 2022

ONGC.

ONGC Commissions Rs 6,000 Crore Projects To Boost Oil, Gas Output

The state-of-the-art 8-legged water Injection-cum-Living Quarter platform has been installed as part of the implementation of the low salinity waterflood (LSWF) process, an Enhanced Oil Recovery (EOR) pilot project, part of...


File Photo.

India's Crude Oil Production Drops By 2.6% In FY22

India's crude oil production has been on a decline during the past few years. From 35.7 million tonnes in 2017-18, it fell to 34.2 million tonnes in the following year and 32.2 in 2019-20, and 30.5 million tonnes in...

20 April 2022

Petronet LNG.

Petronet Seeks Lower Price For Renewing Qatar Deal

The company in the immediate term is looking to tie up 0.75 to 1 million tonnes of LNG to meet the burgeoning energy demand in the country, particularly in the city gas sector.

12 May 2022

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File Photo.

Wholesale Inflation Surges To Record High Of 14.5% In March

Inflation last month was 13.11 per cent, while wholesale inflation in March last year stood at 7.39 per cent.

18 April 2022

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17 April 2022
Government Freezes Gas Allocation, Prices Of CNG, PNG Spike

Government Freezes Gas Allocation, Prices Of CNG, PNG Spike

Despite a decision of the Union Cabinet to give 100 per cent gas supply under 'no cut' priority to the city gas distribution (CGD) sector, current supplies...


14 April 2022
Amazon Adds 5% 'Fuel And Inflation Surcharge' To Seller Fees

Amazon Adds 5% 'Fuel And Inflation Surcharge' To Seller Fees

The Seattle-based company said on its website that the added fees, which take effect April 28, are “subject to change” and will apply to both apparel and...


11 April 2022
India's Fuel Sales Hit Three-Year High In March Amid Soaring Petrol, Diesel Prices

India's Fuel Sales Hit Three-Year High In March Amid Soaring Petrol, Diesel Prices

The demand for petrol in FY22 was the highest ever while the diesel sales were the highest since 82.6 million tonnes of consumption in 2019-20.


07 April 2022
CNG Price Hiked By Rs 2.50 Per Kg For Second Day In A Row In Delhi

CNG Price Hiked By Rs 2.50 Per Kg For Second Day In A Row In Delhi

CNG prices in Delhi have increased by Rs 12.48 per kg since March when city gas distributors started factoring in high international energy prices.


17 March 2022
India's Oil Demand Likely To Jump 8% In 2022

India's Oil Demand Likely To Jump 8% In 2022

India's oil demand rose from 4.51 million barrels per day in 2020 to 4.76 million bpd in 2021, recording a 5.61 per cent growth.


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15 March 2022
42% Households Can’t Tolerate Another Hike In Fuel Prices: Survey

42% Households Can’t Tolerate Another Hike In Fuel Prices: Survey

Approximately 22 per cent of households said that they can tolerate a short-term increase in fuel prices without them having to cut discretionary spending,...


14 March 2022
India Considers Buying Russian Oil, Commodities At Discounted Price: Report

India Considers Buying Russian Oil, Commodities At Discounted Price: Report

As per the report, out of 80 per cent of India's oil imports, 2 to 3 per cent account from Russia currently. However, with soaring oil prices, India is...


14 March 2022
Wholesale Inflation Surges To 13.11% In February

Wholesale Inflation Surges To 13.11% In February

As per the government data released on Monday, WPI inflation has remained in double digits for the 11th consecutive month beginning April 2021. 


10 March 2022
Reliance Sells CBM Gas For Over $23; HOEC Gets $25

Reliance Sells CBM Gas For Over $23; HOEC Gets $25

At the current Brent crude oil price of $115 per barrel, the base comes to $15.18 per mmBtu and adding $8.28 premium bid by state-owned gas utility GAIL and...


08 March 2022
Shell to stop buying Russian oil, natural gas amid criticism

Shell to stop buying Russian oil, natural gas amid criticism

Shell had earlier defended its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedicated to...


07 March 2022
Brent Crude Up $10, Shares Sink As Ukraine Conflict Deepens

Brent Crude Up $10, Shares Sink As Ukraine Conflict Deepens

Brent crude oil briefly surged over $10 to nearly $130 a barrel early Monday. Benchmark US crude was up nearly $9 at more than $124 a barrel. 


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04 March 2022
Rs 12 Hike In Petrol, Diesel Price Needed To Break-Even

Rs 12 Hike In Petrol, Diesel Price Needed To Break-Even

International crude oil prices shot above $120 a barrel for the first time in nine years on Thursday before retreating a little to $111 on Friday, but the gulf...


27 February 2022
EXPLAINER: What Does Ukraine Invasion Mean For Energy Bills?

EXPLAINER: What Does Ukraine Invasion Mean For Energy Bills?

A barrel of U.S. benchmark crude oil shot past $100 Thursday after Russia invaded Ukraine. Natural gas prices also soared, even as operators say pipelines...


25 February 2022
Oil Retreats $101 Per Barrel; No Supply Shocks For India Amid Russia-Ukraine Crisis

Oil Retreats $101 Per Barrel; No Supply Shocks For India Amid Russia-Ukraine Crisis

Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine. It however retreated and...


22 February 2022
Financial Viability Important For Starting New Overseas Flights Amid High Oil Prices: Vistara

Financial Viability Important For Starting New Overseas Flights Amid High Oil Prices: Vistara

According to the Vistara chief, most Indians like to take direct flights now and do not want to transit through a third point mainly due to Covid-19 and...


20 January 2022
How High Crude Oil Prices Affect the Indian Economy

How High Crude Oil Prices Affect the Indian Economy

With crude oil price hitting a 7-year high, there will be a severe impact on the Indian economy, especially in terms of inflation and value of rupee, finds a...


23 November 2021
No Change In Fuel Prices On Tuesday

No Change In Fuel Prices On Tuesday

Across the country as well, the prices largely remained unchanged on Tuesday but the retail rates varied depending on the level of local taxes.


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