Domestic Gas Price Hike

Domestic gas price for April at $7.92, price for consumers capped at $6.5

The government on Thursday amended the domestic pricing model of natural gas in line with the recommendations of the Kirit Parikh committee on gas pricing

Gas price for April at $7.92 but price for consumers capped at $6.5: Govt

The capped rates which are about a quarter less than the current prices, will lead to CNG and piped cooking gas prices being cut by up to 10 per cent

RIL bats for no caps on domestic gas price as govt panel seeks review

Any such move will delay investments in fuel production, company tells govt panel

Domestic LPG cylinder rate increased by Rs 50 from today; check prices

A domestic LPG cylinder will now cost Rs 1,053 in the national capital Delhi. In Mumbai, it will cost Rs 1,052.50

Higher prices of natural gas take the steam out of gas utility stocks

However, despite the likely pressure on volumes and margins, and having cut earnings estimates, most analysts are positive on the natural gas sector

Domestic LPG cylinder price hiked by Rs 3.50; to now cost Rs 1,003

The hike comes on the back of a Rs 50 per cylinder increase effected on May 7

Price hike boost! Gail India, Petronet, Gujarat Gas may rally up to 11%

Natural Gas related stocks were in focus on the back of CNG and piped gas price hike in several northern India cities

Gas stocks in focus: Adani Gas, GAIL, Petronet can see up to 15% upside

The likes of Adani Total Gas, GAIL India, Petronet LNG, Indraprastha Gas, Gujarat Gas can witness 6-15 per cent upside as per the daily and weekly chart patterns

Domestic gas price hiked to $2.9 per mBtu, ceiling raised to $6.3 per mBtu

These prices have almost doubled from the price determined by the government for the April 2021 to September 2021 period

Domestic gas price revised to $2.9 for Oct 2021-March 2022, up 62%

The rate for gas produced from difficult fields such as deepsea will be $6.13 per mmBtu

Domestic gas price to be raised by 60% from Oct: ONGC's Subhash Kumar

This will offer relief to exploration companies that have found it hard to sustain profitability in the face of low domestic price

Domestic LPG to be cheaper by Rs 10 per cylinder from April 1

After raising cooking gas prices by Rs 125 per cylinder last month, state-owned oil firms on Wednesday announced a Rs 10 per cylinder cut in LPG rates on softening international oil prices. A 14.2-kg LPG cylinder -- both for subsidised and market price users -- will cost Rs 809 from April 1 as against Rs 819 currently, Indian Oil Corporation (IOC) said in a statement. The price cut, which traditionally is announced on the day the change is effective -- four times the rates went up in a span of one month -- was announced a day ahead of the second phase of voting in West Bengal. The politically-crucial Nandigram constituency from where state Chief Minister Mamata Banerjee is taking on her once-trusted aide Suvendu Adhikari, who is contesting on BJP ticket, is also going for polls on Thursday. "Prices of crude oil and petroleum products in the international market have been on a constant uptrend since November 2020. As India is largely import-dependent on crude oil and the prices are

Better consumption brightens growth prospects of gas utility companies

Fertiliser and city gas segments set to fuel growth; power demand may revive soon

Govt set to lift price restrictions on all locally produced natural gas

A panel led by the Niti Aayog vice chairman has also suggested free-market pricing for natural gas produced from all fields to boost domestic output

Domestic gas price hike of 6% brings small relief for producers: Report

This will increase the cost of manufacturing urea and petrochemicals, for which natural gas is used as feedstock