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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...
- India LPG consumption slides 13% amid West Asia conflictIndia's LPG consumption plummeted by 13% in March due to West Asia conflict-induced supply disruptions. Despite government efforts to boost...
- 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...
- Bitumen scam: CBI court convicts ex-Bihar minister, 4 othersA special CBI court in Ranchi has sentenced former Bihar Minister Md. Illiyas Hussain and four others to three years in prison and fined th...
- Fuel demand growth slows to 3.5% in Apr-JanIndia's petroleum demand growth slowed to 3.5% this fiscal, down from 5.1% last year, mainly due to reduced diesel consumption and declinin...
- Nexxus Petro Industries share list with 20% premium on BSE SMENexxus Petro Industries' shares debuted positively on the BSE SME, opening at Rs 126, surpassing the upper price band expectations. Engaged...
- Petroleum products demand up 2.6% in JuneLPG, used mostly as cooking gas in the country, grew 3.2% in sales in June. Jet fuel consumption grew 10%, helped by a rise in holiday trav...
- Bitumen sales hit 10-year high in FY24"Road construction activity is in full swing. The Ministry of Road Transport and Highways (MoRTH) constructed 12,349 km of national highway...
- India's fuel demand rises 5.7% YoY in February on strong factory outputIndia's fuel consumption increased by 5.7% YoY in February, reaching 19.72 million metric tons, according to government data. This growth w...
- Demand for diesel drops, petrol remains stable: Oil MinistryThe consumption of diesel, which accounts for 38% of total refined products demand in the country, had contracted 3% year-on-year in Novemb...
- India's fuel demand hits seven-month high in DecemberIndia's fuel consumption reached a seven-month high in December, reaching 20.054 million metric tons. Total consumption increased by 6.2% f...
- India's fuel demand rises 5% in March year on yearSales of gasoline, or petrol, rose 6.8% to 3.1 million tonnes while cooking gas, or liquefied petroleum gas (LPG), sales fell 2.7% year-on-...
- India's February fuel demand rises 5.4% year-on-yearCooking gas or liquefied petroleum gas (LPG) sales increased 6.1% to 2.40 million tonnes, while naphtha sales fell 2.4% to 1.19 million ton...
- Polls ignite petrol, diesel salesA ban on fuel oil in Delhi, Uttar Pradesh, Rajasthan and Haryana cut its demand, according to PPAC.
- India's August fuel demand declines 6.1%, most in 14 yearsThe drop in demand is most since April 2003. This is the second time this year that the demand has shrunk. In January, the consumption had ...
- Is India's economic growth for real? Take a look at key numbersBetter-than-expected GDP growth of 7.9% in the last quarter of FY16 and 7.6% in the full year, in line with estimates, makes for a robust e...
- Softening WPI inflation not to impact roads companiesA softening WPI in the past one year would not have a material impact on roads companies whose toll rates are linked to WPI movement.
- High fuel cost speeds up natural rubber useDefence engineers have started experimenting with retread rubber sheathing over the metal chains of battle tanks and armoured vehicles to i...
- Essar Oil - L&T sign MoU for bitumen supplyEssar Oil, amongst India's top private sector refiners, and Larsen & Toubro (L&T), have signed a Memorandum of Understanding (MoU) for supp...
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