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Petroleum Prices


Illustration: Ramandeep Kaur Text size: A- A + New Delhi: Crude oil and edible oil have been the two main commodities that have driven inflation up in the country in recent months. Their prices have risen sharply over the past six months, mainly due to the high taxes the government imposes on them. As gasoline …

In an interview with PTI, Chakraborty – the director of the National Institute of Finance and Public Policy (NIPFP) – said that high inflation is certainly a concern and that there is a need to stabilize inflation at a level manageable. “I think this debate started at the start of the pandemic and printing money …

As July enters its first week, fuel budgets are not really favorable to consumers, as oil prices are expected to rise again this week, especially for gasoline-based products, although a hiatus is scheduled for kerosene-based products. 16823 As inferred from the oil companies’ initial calculation, prices will increase from P 0.55 to P 0.65 per …

Oil maintained its gains and remained near US $ 75 a barrel after the Organization of the Petroleum Exporting Countries and their allies (known as OPEC +) delayed a much-anticipated decision on raising levels of production. New York oil futures traded close to US $ 75 after jumping 2.4%. OPEC + was forced to postpone …

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New Mexico’s oil and gas production this spring is back to levels not seen since the COVID-19 pandemic hit the state and nation last year, propelling the Land Enchantment to overtake Dakota from North as the second largest oil producer in the United States In April 2020, a month after the onset of the health …

Gasoline has crossed the 100 rupees per liter mark in Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, Ladakh and in some towns in Bihar and Punjab. (Photo: REUTERS) Gasoline and Diesel Rates Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The price of gasoline and diesel remained unchanged today …

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U.S. operators have completed, started construction or announced a total of 19 petroleum liquids pipeline projects so far this year, the Energy Information Administration (EIA) mentionned Friday. Two pipelines have so far been completed in 2021, while 17 projects are either under construction or announced, according to the latest data from the EIA’s Liquid Pipeline …

The OPEC logo pictured before an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS / Ramzi Boudina NEW DELHI, June 24 (Reuters) – India’s Petroleum Minister Dharmendra Pradhan on Thursday again urged the Organization of the Petroleum Exporting Countries to phase out crude …