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Petroleum Prices


Oil prices fell on Thursday as concerns over demand in India and the potential for increased supplies from Iran offset optimism about the summer driving season in the United States and Europe. Brent fell 60 cents, or 0.9%, to $ 68.27 a barrel at 11:21 a.m. GMT. U.S. West Texas Intermediate (WTI) crude fell 57 …

Fuel Prices: Domestic gasoline and diesel prices vary from state to state due to value added tax (VAT). Gasoline and Diesel Prices Today: On Thursday, May 27, gasoline and diesel prices rose in all four subways. liter at Rs 84.61 per liter, according to the Indian Oil Corporation. Gasoline is approaching the Rs 100 mark …

(Bloomberg) – An unprecedented fight over who should sit on the board of Exxon Mobil Corp. turns into a referendum on CEO Darren Woods as a decades-long struggle by climate activists comes to a head. Activist investor Engine No. 1 LLC wants to replace a third of Exxon’s board of directors in a bid to …

by ASILA JALIL / photo by TMR FILE HIBISCUS Petroleum Bhd aims to deliver three more offtakes during the last quarter of its fiscal year ended June 30, 2021 (FY21), reaching approximately 3.7 million barrels sold in total. The independent oil and gas exploration and production company sold a total of 874,944 barrels of crude …

America’s top Latin American ally and region’s fourth-largest oil producer Colombia finds itself shaken by anti-government protests who are now in their third week. It even rekindled fears of a new civil war in the conflict-torn Andean country. Colombia’s anti-government protests began with a nationwide strike on April 28, 2021 called by various civil society …

After a day’s hiatus, gasoline and diesel prices rose again on Sunday for the twelfth month, according to a price notification by state-owned fuel retailers. As gasoline prices rose 17 paise to ₹93.21 per liter in Delhi, diesel prices soared to ₹84.07 per liter after the addition of 27 paise. The tariffs had already crossed …

Human rights lawyer Femi Falana, SAN, says the country’s governors do not have the power to set oil prices. He said this on Friday night while featured on a PUNCH live interview program. The punch previously reported that a committee set up by the Nigeria Governors’ Forum headed by the Governor of Ekiti State, Kayode …

Motorists were delighted to see crew members paving the road outside Red’s Shoe Barn on Broadway in Dover on Friday morning, but that project came to a screeching halt when a main pipe snapped. City officials said on Friday afternoon that the area was closed to traffic as workers tried to identify and resolve the …

New Delhi: India’s domestic production, consumption and exports of petroleum products fell 11.0%, 8.7% and 13.3%, respectively, the last fiscal year ended in March 2021 due to the impact of the Covid pandemic. On a cumulative basis, a 4.7 percent year-over-year decline in domestic crude production was recorded in 2020-2021. Natural gas production fell 7.9 …

Protests and civil dissent are once again sweeping across Latin America, a region infamous for its political instability and economic inequality. While the Colombian security crisis is threatening Conflict-Torn Country’s Oil Industry, Argentina’s Oil Sector Recovers After Health Workers Strike blockade lifted in the province of Neuquén at the end of last month. In early …