E-PaperIndia Fuel Demand News
India's fuel demand growth hits near 2-year high in November
India's fuel demand grew by 10.5% in November from a year earlier, its fastest pace since January 2018India's oil demand will rise by 2.8% to 5 million barrels per day in 2019 and by 3.6% to 5.18 million bpd in 2020, IEA said
2 min read12 Dec 2019India’s oil demand fell 1.8% y-o-y in November
Consumption 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 2018Why India’s fuel prices are sky-high when oil isn’t
The great global oil price slump of 2014 pushed prices below the levels set by the Indian government. So when India abolished price controls that year, local prices actually fell
3 min read30 Apr 2018Indian Oil to invest Rs1.4 trillion to double refining capacity
Indian Oil Corp (IOC) says it plans to invest about Rs1.43 trillion to nearly double its oil refining capacity to 150 million tonnes and boost petrochemical production by 2030
2 min read31 Mar 2018India’s fuel demand rose 7.5% in December
Consumption of fuel, a proxy for oil demand, totalled 17.39 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed
1 min read10 Jan 2018India’s fuel demand grows 1% in July
Fuel consumption in July totalled 15.8 million tonnes as compared to 15.63 million tonnes in the same month of 2016
1 min read14 Aug 2017Popular Topics
Budget
The 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