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PETROLEUM CONSUMPTION TRENDS
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- No runaway rally likely; markets to trade in broad range: Sameer DalalEquity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon r...
- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
- US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- Petrol, diesel prices today on May 30: Have fuel rates changed? Check latest prices in Delhi, Mumbai, Bengaluru, Kolkata and morePetrol, diesel prices today: Fuel prices in India remained steady on May 30, offering a brief respite after recent increases. Prices, howev...
- Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
- Fuel Price Today, May 23, 2026: What is the petrol, diesel & CNG price in Delhi, Mumbai, Kolkata & Chennai after latest hike?Fuel prices in India have seen another hike, with petrol and diesel rates increasing by Rs 0.87 and Rs 0.91 per litre respectively. This ma...
- India Inc's earnings growth to slow down in next 12-18 months, warns Moody’s Ratings. Here’s whyMoody’s Ratings warns that India’s corporate earnings growth may slow over the next 12–18 months due to rising input costs, rupee depreciat...
- PM Modi Work from Home Advisory Updates: Here's what IT companies, industry bodies and leaders are saying about WFH shiftPrime Minister Narendra Modi has called for a return to work-from-home and virtual meetings. Businesses are reviewing remote work options. ...
- Why did the stock market fall today? Sensex tumbles 1,300 pts, Nifty below 23,850. 6 key factorsIndian stock markets experienced a significant downturn on Monday. The Sensex and Nifty saw sharp declines as oil prices surged. Fading hop...
- PM Modi pushes work-from-home revival, lower foreign travel & less gold purchases as West Asia conflict heightens concernsPrime Minister Narendra Modi called for a return to work-from-home and urged citizens to delay foreign travel for a year. This is to addres...
- From Rs 658 to Rs 3,000+: How commercial LPG cylinder prices skyrocketed since 2008Commercial LPG prices have reached a record high, with a Rs 993 hike per 19-kg cylinder, bringing the total increase in three months to Rs ...
- Petrol, diesel, domestic LPG prices remain unchanged; no change in ATF price for domestic airlinesAirline fuel costs are holding steady even as oil firms take the hit from rising global prices to keep fares manageable for travelers. Mean...
- Govt sets export duty on diesel at ₹23/litre, ATF at ₹33; petrol levy stays nilThe government has set export duties on diesel at ₹23 per litre and on aviation turbine fuel (ATF) at ₹33 per litre for the fortnight start...
- Iran war may crush oil demand today, but send it soaring long termThe Iran war has caused a significant drop in global oil demand, with consumption plummeting due to supply disruptions and record-high fuel...
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