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PETROL PRICES AUSTRALIA
India set to implement 2-3 more FTAs in six months, says commerce minister Piyush GoyalIndia is set to implement at least two to three more free trade agreements within the next six months, with an additional three to four sig...
Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
Leadership crisis, 'loot' in BJP govt: Kharge attacks after 3rd fuel price hikeFuel prices have surged for the third time in eight days. Congress leader Mallikarjun Kharge criticizes the government, accusing it of "loo...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
'Impact on India less due to good management, foresight': Harsh Vardhan Shringla on global energy challenges due to West Asia crisisIndia's energy crisis impact remains limited. Rajya Sabha MP Harsh Vardhan Shringla credits the government's effective planning and timely ...
Silver imports restricted; licence now must for select categoriesThe Centre has restricted imports of certain silver categories, including high-purity silver bars, making licences mandatory to curb rising...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
West Asia crisis drives up fuel losses for OMCs: ICRAAt crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre for petrol and Rs 18 per litre f...
LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRAIndian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
Pakistani journo Sanaullah Khan, who invited Vikrant Gupta, says his brother kidnapped from Lahore, fans blame PCB chief Mohsin NaqviPakistan sports journalist Sanaullah Khan's brother, Amanullah Khan, has been kidnapped by unknown men in Lahore. Sanaullah Khan shared the...
Crude unlikely to return to pre-war levels soon; India's import bill may rise $70bn annually: ReportIndia's oil import bill is set to surge by over $70 billion annually as crude oil prices remain high due to the West Asia conflict. Shippin...
Middle East war revs up EV demand as Asia moves away from costly fuelElectric vehicle sales have jumped in Southeast Asia as cost-conscious buyers have poured into dealerships looking to dodge the fuel price ...
$20 million fuel campaign sparks backlash as government defends conservation push amid Middle East crisis and global energy strainsThe Australian government has launched a $20 million campaign encouraging fuel reduction and efficient driving habits amidst global energy ...
Gas supply to fertiliser plants raised to 90% of demand amid West Asia war, Hormuz closureNatural gas supply to fertilizer plants has reached 90 percent of their needs. Oil companies are procuring liquefied natural gas from the s...
Australia to halve fuel tax in response to Middle East warAustralians will soon pay half the fuel tax for three months. Prime Minister Anthony Albanese announced this measure to ease pressure from ...
Charting the global economy: Extensive growth toll from Iran warBusiness surveys from Australia to the US revealed growing pessimism about economic growth, with several price readings accelerating signif...
Australia faces surge in fuel theft as petrol nears $3/litre, supply crisis spurs rationing calls and conservation pushFuel theft is on the rise across Australia as petrol prices soar. Police are investigating incidents in Victoria, while truck drivers in Qu...
Australia to change fuel quality standards to boost supplyAustralia will adjust fuel quality standards to allow higher sulfur levels for around two months in a move that will release 100 million li...
Petrol in India cheaper than UK, Germany but costlier than US, China, Pakistan, Sri LankaThe rise in fuel prices is mainly due to the global price of crude oil (raw material for making petrol and diesel) going up. Further, a str...