India's fuel demand outlook hit by price hikes, slowing industrial activityIndia's fuel demand growth is set to slow. Price increases for gasoline and diesel are impacting consumers. The trucking sector shows early...
03 Jun, 2026, 01.52 PM IST
India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
02 Jun, 2026, 03.59 PM IST
India has no plans for financial support for fuel retailers, official saysIndia will not compensate state-run fuel retailers for losses incurred by selling transport fuels below market prices. While companies have...
04 May, 2026, 04.32 PM IST
Ukrainian drone attack on Russia's Tuapse port kills oneA Ukrainian drone attack hit Russia's Tuapse port, causing a fire and killing at least one person. This major southern port is a key oil ex...
20 Apr, 2026, 12.56 PM IST
Is it time to abandon hope the Strait of Hormuz will open soon?The closure of the Strait of Hormuz has thrown global oil markets into turmoil, deepening an energy crisis with far-reaching effects. Asia,...
20 Apr, 2026, 10.18 AM IST
India's state-owned fuel retailers seek advance payments from dealers as global price surgesFuel pump owners across India are now required to pay in advance for gasoline and gasoil. State-owned fuel companies are facing significant...
17 Mar, 2026, 01.17 PM IST
BPCL offers first gasoil cargo in over a yearAccording to three industry insiders, BPCL has recently put up its initial spot gasoil shipment for sale through a sales tender in over a y...
02 Oct, 2023, 01.09 PM IST
India state retailers gasoil, gasoline sales rose in April m/m-Indian state fuel retailers' gasoline and gasoil sales rose in April from the previous month, preliminary sales data showed, indicating a p...
01 May, 2023, 01.34 PM IST
Cold weather hits India's gasoline, gasoil sales in JanState retailers sold about 6.7 million tonnes of gasoil in January, a decline of 8.6% from the previous month, the data showed.
02 Feb, 2023, 01.24 PM IST
Europe rushes to fill up on Russian diesel before ban beginsThe European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. That will follow a ban on Ru...
21 Nov, 2022, 06.47 AM IST
Monsoon rains dampen India's July fuel demandFuel demand in India, the world's third biggest oil importer and consumer, typically falls during the four-month monsoon season beginning i...
01 Aug, 2022, 01.50 PM IST
India's September diesel sales remain below pre-COVID levelsDiesel sales by the country's state fuel retailers came in at 2.1 million tonnes during Sept. 1-15, a decline of about 1.5% from last year ...
16 Sep, 2021, 02.08 PM IST
India's MRPL signs six-month diesel export deal with BPMRPL will supply diesel to BP for the Australian market at a premium of about $1.40 a tonne for the six months, the sources said, with pric...
09 Sep, 2021, 04.41 PM IST
India's August gasoil sales stay weak, gasoline jumps, preliminary data showsSale of gasoil, which accounts for about two fifths of India's refined fuel demand and which is directly linked with industrial and constru...
01 Sep, 2021, 01.24 PM IST
Gasoil and Gasoline sales take a hit as heavy monsoon causes floodingGasoil sales were 15.34% lower than the same period last month. Sales between August 1st and 15th were at about 2.1 million tonnes. This wa...
16 Aug, 2021, 03.27 PM IST
NRI businessman's firm opens fuel storage plant in UAEThe Fuel Storage and Processing Tank Farm facility is part of Sheikh Mohammed Sharif's Khushi Group's expansion strategy.
12 Jan, 2015, 03.06 PM IST
- Fire not to affect financial performance: RIL
"It is not correct that the country will be deprived of LPG," said RIL's Jamnagar refinery site president.
26 Oct, 2006, 12.55 PM IST