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GLOBAL FUEL PRICES
New data points to a sharper divide in consumption trends in rural, urban IndiaIndian households in urban areas are showing a decline in quarterly expenditure while rural spending is increasing. A study indicates urban...
Rupee drops to two-month low as global bond rout deepens, oil jumpsThe Indian rupee fell to its weakest level in two months as global bond yields rose sharply. Oil prices soared past $100 per barrel, compli...
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...
India bonds end choppy quarter at over 2-year lows as rate hike bets mountIndian government bonds closed the quarter at their weakest levels in more than two years. Fluctuations in oil prices and rising global yie...
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...
Foreign outflows from Indian stocks hit 6-month high in September on higher oil, yieldsForeign portfolio investors saw a notable outflow of $2.7 billion from Indian equities in September, marking the most significant withdrawa...
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 fuel economy standards: Trump admin set to roll out new regime for cars, light trucksThe Trump administration is set to announce relaxed fuel economy standards affecting gasoline cars and light trucks. These changes aim to l...
India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
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...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
India to continue diesel exports despite US ban threat, says Hardeep Singh Puri amid global fuel crunchIndia's Oil Minister Hardeep Puri reaffirmed the commitment to diesel exports amid potential US restrictions. The global diesel market face...
Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
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...
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...