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UAE FUEL RETAIL
Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refinersBenchmark Brent fell to around $72 a barrel Thursday, down from an average of $99 in first week of June and $109 during the three months ti...- No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
- Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
- West Asia War: US-Iran draft 60 day-truce extension, all eyes on Trump nod, says US official; Tehran denies claimsA fragile ceasefire between the United States and Iran is reportedly extended for 60 days. Formal talks on Tehran's nuclear program are set...
- CV industry showing resilience, not much impact of fuel price hike on demand: Ashok Leyland MDThe Indian commercial vehicle sector shows remarkable strength. Fuel price increases from the West Asia conflict have not significantly imp...
- LNG tanker exits Hormuz for India for first time since war beganThe exit of an LNG tanker from the Strait of Hormuz marks a pivotal moment for India, signaling its first shipment from the Persian Gulf in...
- India's fuel price hike among world's lowest outside Gulf nations: BJPFuel prices saw a hike of about 90 paise per litre. The BJP stated this increase is among the lowest globally. State-run oil firms absorbed...
- UAE announces increase in fuel prices for May 2026Fuel prices in the UAE have seen an increase for May 2026, with Super 98, Special 95, and E-Plus 91 all rising. This adjustment, effective ...
- Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...
- LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRAIndian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...
- India is making a big move to outflank China in Sri LankaIndia and China appear to be locked in an escalating energy rivalry in Sri Lanka. India plans a new energy hub at Trincomalee with the UAE,...
- UAE shoppers pull back and stash cash as war drags onUAE households are cutting back on non-essential spending and saving more. This shift comes as the Iran-Israel conflict continues. Fuel pri...
- UAE announces higher petrol and diesel prices for April 2026Starting April 1, 2026, residents of the United Arab Emirates should prepare for a noticeable increase in fuel costs. The price of Super 98...
- As Iran-Israel-US war begins to hurt, UAE takes steps to ease the painThe UAE is taking proactive steps to shield its economy from regional conflict. The Central Bank is injecting liquidity into banks, allowin...
- Nawgati partners with Seed Group to modernise the UAE’s fuel retailNawgati and Seed Group are collaborating to upgrade fuel retail in the UAE. The partnership aims to introduce digital tools for better perf...
- UAE: Taxi fare increased in this emirate after third straight hike in petrol, diesel ratesFollowing the UAE's increase in petrol and diesel rates, the emirate of Ajman has raised taxi fares for September. The new rate will be 1.9...
- UAE raises petrol, diesel prices sharply for September in third straight hikeThe UAE's Fuel Price Committee has raised retail petrol and diesel prices for September, marking the third consecutive monthly increase. Su...
- UAE government announces fuel prices for SeptemberThe country’s fuel price committee has recently been following the trend of reviewing the rates on the last day of every month. Reports sho...
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