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FUEL MARKETS
Rising fuel costs likely to weigh on cement makers' Q1 earningsRising fuel and freight costs are impacting cement producers' profitability. Demand saw a seven to eight percent increase due to dry monsoo...
Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
Flex-fuel vehicles better fit for India than E25 rollout: AIDAA national debate has been raging over the impact of 20% ethanol-blended petrol (E20) on the engines and fuel efficiency of vehicles not de...
India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
Jump on this bandwagon: India’s ethanol push gathers speed as it transforms energy security and rural economyEthanol, a renewable biofuel, has become integral to India's transport fuel strategy. India achieved ten percent blending ahead of schedule...
Tata Motors PV flags concern over proposed direct credit buys from BEE in CAFE II shiftsTata Motors has voiced concerns regarding a government proposal on CAFE II compliance credits. The company believes allowing direct credit ...
Retailwinds delayed, so, nothing to fretRetail inflation has risen above the RBI's target, driven by fuel and food prices. Core inflation remains subdued, offering a better measur...
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
HPCL ramps up fuel quality surveillance, finds no adulterationHindustan Petroleum Corporation Ltd intensified fuel quality surveillance across its retail network. Over 3,600 inspections were conducted ...
How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...
Brent below $80 to sustain OMC earnings recoveryOil marketing companies' margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly ...
Delhi isn't flexing yet as India's ethanol dream gets an early reality checkOnly four flex-fuel passenger vehicles have been registered in Delhi since the technology entered the market last month, highlighting a slo...
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
Which countries use E20 or higher ethanol blends? A global guideCountries using E20 fuel: India has achieved its nationwide E20 ethanol blending target ahead of schedule. This transition significantly re...
India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 a...
Russia bans diesel exports to ensure domestic supply after targeted Ukrainian drone strikesRussia has banned diesel exports to support its domestic fuel market. This action follows Ukrainian drone attacks on oil refineries causing...
Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...