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Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- Bitumen demand surges 47% in August as road construction activity picks upBitumen demand in India rebounded sharply in August, surging 47% after a monsoon-induced slump in previous months, driven by renewed road c...
- Canada battles toxic waste crisis as Alberta moves to pump oilsands tailings underground amid health and cost concernsAlberta considers a new plan for oilsands waste. The province may inject toxic tailings deep underground. This aims to reduce surface pollu...
- Big jump in economic growth, but beware the frail legs: 3 readouts from India’s Q1 GDP dataIndia's GDP: India's economy grew by 7.8% in the first quarter of the fiscal year, but the coming quarters are expected to be slower due to...
- 70 investors rejected an idea. It has become a unicorn and helped create anotherHandling two tough services of fulfilment and finance, the growth story of OfBusiness and Oxyzo is all about skill, hard work and determina...
- India's fuel sales drop 9.4% in April on COVID waveFuel consumption fell 9.38 per cent to 17.01 million tonnes in April from 18.77 million tonnes in March, data from Oil Ministry's Petroleum...
- India's fuel demand continues to recover in June, up 11 per cent over MayPetroleum product consumption rose 11 per cent to 16.28 million tonnes in June over demand witnessed in the previous month, according to da...
- Fuel demand grows 5.4 per cent in May; petrol, diesel sales surgeFuel consumption in May stood at 17.79 million tons as compared to 16.87 million tons in the same month a year back, according to the Oil M...
- Inflation likely to hit 9% markInflation, after the present hike in fuel prices, is inching closer to 9% - a 13 year high.
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