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GLOBAL FUEL TRENDS LPG PRICING
IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...- Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
- Railways will replace 500 kg of LPG & 2,500 litres of diesel daily with PNG at 22 sites under IGL deal; Delhi, New Delhi and Anand Vihar among stations coveredIndraprastha Gas Ltd (IGL) has partnered with Northern Railway's Delhi Division to replace LPG and diesel with piped natural gas (PNG) at 2...
- Indian Oil net profit triples YoY to 21,630 cr in Q2Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attri...
- EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...
- India's domestic air traffic fell 8.3% in September as demand remained under pressure: IATAIn September, India's domestic air traffic declined by 8.3% year-on-year, marking a significant drop. This decrease was the steepest observ...
- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
- Petrol price in India cheaper than US, UAE, China, Canada: Global average petrol rate is Rs 150, diesel Rs 159, data showsPetrol rate in India are lower than in the US, UAE, China, Canada and several other countries, according to global fuel price data. While t...
- Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
- IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
- Why is Adani betting $3.4 billion on global energy trade chaos?Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape ...
- High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
- Pakistan running out of gas: 12 kg LPG cylinder costs PKR 7000Pakistan’s gas crisis has intensified as LPG prices climb to PKR 600 per kg in some areas following disruptions to imports from Iran. Domes...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- Mizoram to get piped cooking gas by 2028, ₹491 crore pipeline underwayMizoram is set to receive piped natural gas connections for cooking by early 2028. Indradhanush Gas Grid Limited is constructing a 119.45-k...
- LPG cylinder costs Rs 10,000 in Pakistan as border closure triggers shortages, 6,000 dealer shops shutPakistan's LPG crisis has pushed prices to Rs 750 per kilogram in some areas, taking cylinder costs above Rs 10,000. The Gabd-Rimdan crossi...
- OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDAIn a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at ...
- US secretary of state Marco Rubio, Ambani discuss energy and tech cooperationUS Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing...
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