Tag: Petroleum
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Indian Oil Consumption Slow Even After Lockdown Opens Up
Despite the economy showing signs of progress and recover post a long 90 day lockdown period, India’s fuel consumption is not going seeing an upward movement. Blame it on many corporate still opting to work from home, the demand for fuel has not gone by since June 2020. According to government data, the demand has ... -
Veerappa Moily slams centre for sadistically hiking fuel prices amidst COVID-19
On Monday, Senior Congress leader, Veerappa Moily slammed centre for hiking the fuel prices at frequent intervals. He accused the BJP-led government of fleecing the people especially at the distressing time of COVID-19 pandemic. Former Petroleum minister’s statement critical of the government’s price rise policy came on the day, when petrol pricesrose by 33 paise ... -
Price hike: Petrol, Diesel, Liquor
On Wednesday morning (May 6) people were likely to wake up to the petrol price hikes revised and announced by the Central Govt on Tuesday night(May 5). Price hike The Indian Central Govt have raised the excise duty on petrol by Rs 10 and on diesel by 13 per litre and these new price hikes ... -
Oil price fall at Global level will not affect price in domestic level
Oil prices falls at global level that nobody would have ever-thought of: No Wolrd Leaders, No Political crisis, No Natural calamities was able to that but Corona Pandemic was able to. In the history of US oil trading, Monday(April 20,2020) will remain a nightmare because of the never-seen drop faced by the trade. Oil price ...