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LPG SALES DROP
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...- LPG sales decline 24% in May; Petrol and diesel see 4.8% and 6.4% rise, respectivelyLPG sales saw a significant drop of 24 percent in May compared to last year. Meanwhile, petrol and diesel sales by state-run companies incr...
- ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
- EV demand charges ahead but supply runs lowIndia's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a ...
- US DoJ drops charges against Adanis, othersUS authorities have dropped criminal charges against Gautam Adani and Adani Group executives. This follows a 19-month investigation. The co...
- LPG sales dip 13% in April as Hormuz closure chokes suppliesLPG supplies saw a sharp drop in April. Households and businesses received less fuel. Industries faced an 82% reduction, prompting a shift ...
- Petrol Diesel Price Hike: Fuel prices raised by up to Rs 3/litrePetrol Diesel Price Increase: Fuel prices have risen nationwide. Petrol and diesel rates saw an increase of up to Rs 3 per litre. In Delhi,...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
- Upstream oil and gas producers to shine in Q4, but OMCs and gas distributors face profit squeezeOil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms f...
- Household LPG sales fall 8% in MarchIn March, household LPG sales experienced a notable 8 percent decline, largely attributed to state oil companies adjusting their supplies a...
- Price hikes on the horizon: Expect a hit on your budget as Iran war's impact becomes clearIndian consumer firms are seeing rising costs from higher crude oil prices. This could lead to price increases soon. Companies are trying t...
- West Asia war: India’s $334-billion F&B industry simmers on a low flameThe West Asia conflict is posing significant challenges for India’s F&B industry, with LPG shortages and supply disruptions pushing many sm...
- Diesel sales jump 8% in March amid panic buyingFuel demand saw a surge in March. Diesel sales climbed 8% as consumers stocked up fearing shortages. Petrol demand also rose above trend. H...
- LPG consumption slumps 17% in March on war-related shortagesCooking gas LPG use in India dropped significantly in the first half of March. Supply disruptions from West Asia caused this steep decline....
- Petrol sales rises 2.8% in September, diesel drops 2%Petrol sales in India saw a 2.8% increase in September year-on-year, while diesel fell by 2%, indicating an oil demand slowdown. LPG sales ...
- Domestic LPG cylinder price hiked by Rs 50, now just 50 paise short of Rs 1,000 markIn March, the price of domestic cooking gas (LPG) was hiked by Rs 50 per cylinder to Rs 949.50.
- Petrol sales down 36.5%, diesel down 31% in May; improves from AprilDiesel sales fell 31% year on year in May compared with a 56% slump in April while petrol consumption declined 36.5% in May as against a 60...
- 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.
- LPG use in country falls due to cap on subsidized cylindersA tight vigil against diversion of subsidized fuel meant for domestic use seems to be paying off.
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