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FUEL PRICE SURGE
G7 nations agree to release 100 million barrels of oil, including diesel, a boost for TrumpG7 nations have agreed to release 100 million barrels of oil over four months to ease soaring fuel prices, with a substantial amount of die...
Trump says Europe to unlock ‘massive amount of Diesel’; G7 agrees 100 million-barrel oil release amid global crunchUS President Donald Trump said Friday that Europe had agreed to release a “massive amount” of heavily stocked diesel oil, with the process ...
UK average diesel pump price hits £2 per litre for first timeThe average price of a litre of diesel fuel in Britain has reached £2 for the first time. This increase is a result of ongoing global surge...
Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
Market crash wipes out Rs 26 lakh cr in 8 weeks! Why soaring bond yields may hurt Sensex, Nifty more than elevated oil pricesThe Sensex and Nifty have fallen for eight straight weeks, wiping out more than Rs 26 lakh crore in market capitalisation. While elevated o...
US wants European allies to do this 'immediately' to lower diesel pricesThe US has urged European allies to release strategic diesel reserves immediately as global fuel prices surge amid supply disruptions linke...
Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reportsOil secretary Neeraj Mittal stated that restricting fuel sales at pumps is unacceptable during a press conference. He emphasized that no co...
Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
Mind the diesel retail-bulk gapHigh global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...
Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...
Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: ReportJio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...
High airfares could stick around even if jet fuel prices fallUS airfares could remain elevated even if jet fuel prices fall, as airlines adjust schedules and ticket prices only gradually after sharp s...
US to ban diesel exports? Trump weighs drastic move as White House tells Ted Cruz ‘no’: ReportThe White House has assured Senator Ted Cruz that the Trump administration will not impose a blanket ban on US diesel exports, Bloomberg re...
US diesel futures fall on report of export ban plan; White House calls it fake newsUS diesel futures fell significantly following reports of a potential 90-day export ban. President Donald Trump expressed his support for t...
Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
US fuel prices surge ahead of midterm elections 2026; Republican candidates face pressure as voters struggle with rising costsWith midterm elections looming, soaring diesel prices are causing alarm among Republican candidates. In response to the economic strain, ma...
Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...