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DIESEL SALES DECLINE
Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...- Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
- Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- Oil below $80 may cap fuel price hikes, boost India outlookFalling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic ...
- Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethinkIndian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability....
- India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
- Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
- 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 eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- 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's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...
- Volatility as opportunity, depends on framework of mind: 5 mid-caps from different sectors with upside potential of up to 31%The Indian stock market is no longer correcting only because of sentiment. It is now adjusting to the possibility of weaker numbers in the ...
- India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
- 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...
- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
- Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...
- Petrol, diesel prices today on May 30: Have fuel rates changed? Check latest prices in Delhi, Mumbai, Bengaluru, Kolkata and morePetrol, diesel prices today: Fuel prices in India remained steady on May 30, offering a brief respite after recent increases. Prices, howev...
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