Oil tracked equities higher in Asia, but an outlook for weaker refinery demand held gains in check.
1 min read3 Sep 2020A boost in Indian fuel consumption for everything from diesel to gasoline may signal the worst of the virus-driven demand crash is over.
1 min read19 May 2020Consumption of fuel, a proxy for oil demand, totalled 17.27 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed
1 min read11 Dec 2018Consumption of fuel, a proxy for oil demand, totalled 17.41 million tonnes, shows data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry
1 min read11 Dec 2017Daily price change, higher gross refining margins and higher fuel consumption will raise the profitability of India Oil, HPCL and BPCL
2 min read2 Oct 2017Oil ministry says the move to keep petrol pumps closed on Sundays will be of much inconvenience to the public
1 min read20 Apr 2017Consumption of kerosene dropped by 21% in 2016-17 from a year ago to 5.3 million tonnes, while that of LPG jumped 9.8% to 21.5 million tonnes in the same period
2 min read17 Apr 2017Consumption of fuel, a proxy for oil demand, totalled 17.36 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed
1 min read10 Apr 2017Consumption of fuel, a proxy for oil demand, totalled 15.52 million tonnes, oil ministry data shows
1 min read10 Feb 2017An oil ministry official says India has the best fuel consumption growth amongst the large economies in the world
1 min read16 Jan 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared