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Govt may extend diesel, gasoline export curbs beyond March 31: Report

The extension of rules may discourage some Indian refiners, mainly private companies, from buying Russian fuels for re-exports to countries

Govt may extend diesel, gasoline export curbs beyond March 31: Report
Updated On : 20 Mar 2023 | 1:55 PM IST

Cold weather hits India's gasoline, gasoil sales in Jan: Prelim data

Sales of gasoline and gasoil by Indian state-run retailers declined in January from the previous month as cold weather in parts of the country

Cold weather hits India's gasoline, gasoil sales in Jan: Prelim data
Updated On : 02 Feb 2023 | 1:45 PM IST

India's fuel demand hits 9-month high in Dec due to uptick in PV sales

On a daily basis, consumption of gasoline rose marginally in December compared to the previous month

India's fuel demand hits 9-month high in Dec due to uptick in PV sales
Updated On : 10 Jan 2023 | 12:17 AM IST

Relief for pilot training schools as Indian Oil begins Avgas production

Global Avgas market is expected to grow from the current $ 1.92 billion to $ 2.71 billion by 2029

Relief for pilot training schools as Indian Oil begins Avgas production
Updated On : 26 Sep 2022 | 11:17 PM IST

India's August fuel demand rises 16.3% y-o-y to 17.81 million tonnes

Sales of gasoline, or petrol, were 11.6% higher from a year earlier at 3 million tonnes

India's August fuel demand rises 16.3% y-o-y to 17.81 million tonnes
Updated On : 08 Sep 2022 | 6:28 PM IST

Oil slips to six-month low as fears over global recession weigh

Oil fell on Wednesday to a 6 month low after a brief respite as concerns about the prospect of recession that would weaken demand overshadowed a report showing lower US crude & gasoline stocks

Oil slips to six-month low as fears over global recession weigh
Updated On : 17 Aug 2022 | 4:52 PM IST

Oil prices edge up on low inventories, high gasoline demand in U.S

Oil gained more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors.

Oil prices edge up on low inventories, high gasoline demand in U.S
Updated On : 28 Jul 2022 | 10:05 AM IST

Oil slips below $100 again as gasoline, food drive US inflation higher

Despite a tight physical oil market, investors have sold oil futures on worries that aggressive rate hikes to stem inflation will slow economic growth and hit oil demand.

Oil slips below $100 again as gasoline, food drive US inflation higher
Updated On : 13 Jul 2022 | 8:08 PM IST

Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts

The government has imposed a sharp windfall tax of Rs 13 per litre on diesel exports and Rs 6 per litre on gasoline exports

Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts
Updated On : 02 Jul 2022 | 1:54 PM IST

India feels the heat as investors face brutal emerging markets selloff

The government raised import taxes on gold, while increasing levies on exports of gasoline and diesel in an attempt to control a fast-widening current account gap.

India feels the heat as investors face brutal emerging markets selloff
Updated On : 01 Jul 2022 | 11:30 PM IST

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry

Amidst fuel crisis in Sri Lanka, the government declared Friday a holiday for public offices and schools to curtail vehicular movement, leaving many roads in and around the capital Colombo deserted

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry
Updated On : 17 Jun 2022 | 11:45 AM IST

Oil jumps to 13-week high on rising US gasoline demand, supply concerns

US gasoline stocks fell despite sky-high pump prices. Analysts had expected gasoline stocks to rise 1.1 million barrel but this was not the case

Oil jumps to 13-week high on rising US gasoline demand, supply concerns
Updated On : 08 Jun 2022 | 11:32 PM IST

Oil jumps to 13-week high on rising US gasoline demand, supply concerns

NEW YORK (Reuters) -Oil prices rose about 2% to a 13-week high on Wednesday as U.S. demand for gasoline has kept rising despite record pump prices, on expectations China's oil demand will rise and on supply concerns in several countries.

Oil jumps to 13-week high on rising US gasoline demand, supply concerns
Updated On : 08 Jun 2022 | 10:13 PM IST

Oil prices rise on China's demand recovery, gasoline at an all-time high

In line with the unexpected industrial output decline, China processed 11% less crude oil in April, with daily throughout the lowest since March 2020.

Oil prices rise on China's demand recovery, gasoline at an all-time high
Updated On : 16 May 2022 | 11:08 PM IST

Biden sent Gasoline prices soaring long before Ukraine: Trump

National fuel prices in the US have been surging for the past month amid the Russian special military operation in Ukraine and a cascade of sanctions imposed on Moscow that followed it.

Biden sent Gasoline prices soaring long before Ukraine: Trump
Updated On : 10 Apr 2022 | 7:39 AM IST

India's gasoil, gasoline sales top pre-Covid level on price hike fears

India's gasoline and gasoil sales rose above pre-Covid levels of 2019 in the first half of March, preliminary data released on Wednesday showed

India's gasoil, gasoline sales top pre-Covid level on price hike fears
Updated On : 16 Mar 2022 | 12:39 PM IST

China urges state refiners to halt April fuel exports, says report

Russia is the world's top exporter of crude and oil products combined, at around 7 million barrels per day

China urges state refiners to halt April fuel exports, says report
Updated On : 09 Mar 2022 | 11:44 PM IST

India increasing ethanol storage, targets 20% blended gasoline by 2025

India's state-run fuel retailers are increasing their ethanol storage capacity by 51% as the nation targets to double the biofuel's blending with gasoline to 20% by 2025

India increasing ethanol storage, targets 20% blended gasoline by 2025
Updated On : 04 Mar 2022 | 11:56 PM IST

India's Feb first-half gas fuel sales pick up as Covid curbs are eased

Sales of gasoil, which account for about two-fifths of India's overall refined fuel consumption, are directly linked to industrial activity in Asia's third-largest economy

India's Feb first-half gas fuel sales pick up as Covid curbs are eased
Updated On : 16 Feb 2022 | 1:18 PM IST

Explainer - What is happening with United States gasoline prices?

The White House on Tuesday announced plans to release millions of barrels of oil from strategic reserves

Explainer - What is happening with United States gasoline prices?
Updated On : 24 Nov 2021 | 9:41 PM IST