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LPG SALES DECREASE
Diesel sales surged 11.7%, petrol 3.1% in OctoberDiesel sales experienced an 11.7% year-on-year increase in October due to heightened economic activity. Petrol sales, on the other hand, in...- India's fuel demand fell 2.8% y/y in AugIndia's overall fuel demand saw a slight decrease of 2.8 percent in August compared to last year. Gasoline consumption increased by 8.2 per...
- India's fuel demand increased 2.9% in July, with gasoline and diesel sales showing strong growthIndia's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose b...
- India’s fuel demand falls 4.7% in June due to seasonal slowdownIndia's fuel consumption saw a dip in June. It decreased by 4.7% compared to May. Total consumption reached 20.31 million metric tons. Gaso...
- Petrol, diesel sales fall with the arrival of monsoonPreliminary industry data showed that sales of petrol and diesel declined in the first half of June due to a drop in demand in the agricult...
- India's April fuel demand drops over 10% from March'23Fuel sales fell 10.2% from March, when they jumped to a record high on robust economic activity in the world's third biggest oil consumer.
- Fuel sales drop after February fireworksIndia's fuel demand fell in the first half of March after posting a record growth in the previous month, preliminary industry data showed o...
- January fuel demand rises 3.3% year on yearSales of gasoline, or petrol, jumped 14.2% to 2.82 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales decreased 2.1% to 2.5...
- Increase in crude prices will weaken Indian oil companies if net realisation doesn't go up: Moody'sLast week, the Central government approved the grant to the Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BP...
- India's fuel sales moderate in April, fall 4%This was a slight retreat from the 19.41 million tonnes in March, a three-year high, when petrol sales hit an all-time peak, as the market ...
- Numaligarh Refinery Limited gets environmental clearance for the Refinery Expansion ProjectThe company stated that its focus is primarily on three major ongoing projects namely the Refining Capacity Expansion Project, Indo-Banglad...
- HPCL drops 53% on lower refiner margins, inventory lossesNet profit slipped to Rs 811 crore in April-June as compared to Rs 1,719 crore a year back.
- GAIL Q2 profit nosedives 66 per cent to Rs 441 croreState gas utility GAIL India today reported a 66.19 per cent plunge in second quarter net profit on lower LPG and petrochemical prices.
- GAIL shares fall as Q1 net drops 32%GAIL fell 3.32 per cent in intraday trade after the state-owned gas utility company reported a 32 per cent drop in net profit.
- GAIL Q1 net drops 32% at Rs 424.14 croreThe company had earned a net profit of Rs 621.44 crore in the April-June quarter of the previous fiscal, a company press statement said her...
- Profit on diesel swells to Rs 1.90 a litreState-owned fuel retailers - IOC, BPCL and HPCL are losing about Rs 156 crore a day on sale of PDS kerosene and domestic LPG.
- Indian Oil Corp net dips 82% in Q2, losses on diesel and cooking fuel not fully compensatedState-owned Indian Oil Corp posted a 82% drop in net profit after the government did not compensate it fully for losses on diesel and cooki...
- Jump in Subsidy bill hits Gail India hardThe company’s subsidy payout for the quarter jumped 18% to Rs 1062.5 crore, while it had to book Rs 335.5 crore of subsidy towards the prec...
- Government may hike fuel prices tomorrowGovernment may raise prices of petrol, diesel and LPG on Saturday, after a week-long consultations at the highest level narrowed on a packa...
- RIL's retail fuel outlets threaten indefinite strikeReliance Industries Ltd (RIL) owned fuel retail outlets have threatened to launch an indefinite strike from Thursday, protesting against th...
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