Rising Gas Prices

Gas price hike: Analysts say CNG prices may rise by at least Rs 8-12 per kg

The government last week raised the prices of gas produced from old fields, called APM gas, to $8.57 per million British thermal unit from $6.1

Fitch cuts India FY23 GDP growth forecast to 7%; world GDP growth at 2.4%

At a more macro level, Fitch now expects world GDP to grow by 2.4 per cent in 2022 - revised down by 0.5 percentage points (ppt) since the June assessment

Deflating gas economy: Kirit Parikh has a tough task on hand as prices soar

As global prices soar, another committee to review gas pricing policies may find the going more challenging

Natural gas soars 700%, becoming driving force in the new cold war

In short, natural gas now rivals oil as the fuel that shapes geopolitics. And there isn't enough of it to go around

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

Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura

Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months

Rising gas prices hurting Essar Steel, Torrent Power margins

While company officials declined to comment, they said volatility in gas prices was a challenge