Tag: Petrol price
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Gas Pricing to be market driven for India soon
India is making a move towards gradually ending government control over gas pricing. According to Union Oil minister Dharmendra Pradhan, going ahead, gas pricing would essentially be dependent on market forces than on government controlled pricing. Since 2012, there has been debate over whether gas prices should come under the purview of the government itself. ... -
Indian oil Stockpiles to take months to clear
India might have discovered a self reliance formula to recover from the lockdown but its oil refineries are dwindling thumbs; wondering how to traverse a rock bottom low consumption. Stockpiles continue to swell in a demand that has gone back to stone age. According to Bloomberg reports, operations across 23 refineries nationwide are reported to ...