Posts in category

Petroleum Prices


LONDON (Reuters) – Oil company BP said on Thursday it had temporarily closed some of its service stations in Britain after its ability to transport fuel from refineries was hit by a shortage of truck drivers throughout industry. “We are having fuel supply issues at some of our UK retail locations and have unfortunately seen …

A worker holds a nozzle to pump gasoline into a vehicle at a gas station in Mumbai, India on May 21, 2018. REUTERS / Francis Mascarenhas / File Photo US crude inventories fall to lowest since October 2018, according to EIA High natgas prices support the rise OPEC + strives to keep prices around $ …

New Delhi: Under the aegis of the Ministry of Petroleum and Natural Gas (MoPNG), Oil and Natural Gas Corporation Limited (ONGC) organized several student visits to its oil fields in different regions of India, as part of of ‘Azadi Ka Amrit Mahotsav.’ The energy company organized visits by students from Kendriya Vidyalaya and engineering schools …

Bhupesh Baghel, Chief Minister of Chhattisgarh Raipur: Expressing resentment against the central government for not allowing Chhattisgarh to produce ethanol from paddy, Chief State Minister Bhupesh Baghel said on Tuesday that the state has infrastructure and a surplus of paddy for the production of ethanol. Addressing the inaugural event of the two-day “Vanijya Utsav” here …

Mergers and acquisitions firm ILUS International Inc (OTCMKTS: ILUS), which is primarily involved in the tech space, has seen its shares become a major player over the past week. The stock continued to be the center of attention yesterday and managed to post gains of 34%. This took his gains from last week to 100%. …

That the Biden administration and the Democratic-majority Congress set their sights on the oil and gas industry as the ultimate culprit of climate change was clear even before last year’s election. Now it looks like Washington is doubling down on its pledge to crack down on oil and gas in any way it can. But …

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford / File Photo Dollar strengthens, number of US platforms weighs on crude benchmarks Investors Consider Fed Policy Meeting This Week For Tapered Indices US Gulf oil production is gradually returning to …

State-run fuel retailers may soon raise gasoline and diesel prices due to rising international oil prices, ending month-long relief for consumers – initially due to small cuts price, then holding prices at the pump for about two weeks, people in the know said. Retail gasoline and diesel prices are likely to be affected by soaring …

Auto fuel prices in the country have maintained stability amid volatile global oil prices as crude is on the rise again. The petroleum marketing companies (WTO) kept the pump prices of automotive fuels, gasoline and diesel unchanged on Sunday, the 14th consecutive day without revision, as they preferred to wait and observe the world oil …

KARACHI: The business community has rejected the recent price hike for petroleum products and called on the government to immediately withdraw its decision, a statement said on Saturday. The Pakistan Federation of Chambers of Commerce and Industry (FPCCI) businessmen panel, while rejecting the massive increase of up to 5.92 rupees / liter, urged the government …