December,17,2018,Monday

​GOOD MORNING INDIA!

WEEKLY NEWS UPDATES IN OIL & GAS SECTOR

LATEST NEWS

Petrol Price Hiked by 14 Paise in Delhi and Mumbai, Diesel Dearer by 31 Paise

Petrol Price Hiked by 14 Paise in Delhi and Mumbai, Diesel Dearer by 31 Paise

The petrol and diesel prices saw yet another hike on Sunday, days after the central government cut excise duty on fuel.

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MOST NOTABLE STORIES OF THE WEEK

Oil prices mark weekly gain ahead of Iran sanctions

Oil prices mark weekly gain ahead of Iran sanctions

Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions on Iranian oil exports. U.S. West Texas Intermediate (WTI) crude futures rose 1 cent to settle at $74.34 a barrel.

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Bad Move. NDA-2’s biggest achievement was oil and fiscal reforms

Bad Move. NDA-2’s biggest achievement was oil and fiscal reforms

First, the good news. The Centre’s munificence on oil prices on Thursday would only cost the exchequer Rs 6,500 crore. The gap could probably be managed if tax or other receipts grow and the finance minister

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List of states where petrol, diesel has become cheaper by Rs 5 per litre

List of states where petrol, diesel has become cheaper by Rs 5 per litre

The government has announced a relief of Rs 2.50 on petrol and diesel at a time when the Brent crude has touched $86 per barrel and there is uncertanity in the international crude oil market.

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Centre Gives Rs 2.50 Per Litre Relief on Petrol, Diesel; Some States Announce Additional Rs 2.50 Cut

Centre Gives Rs 2.50 Per Litre Relief on Petrol, Diesel; Some States Announce Additional Rs 2.50 Cut

Government has announced a relief of Rs 2.50 on petrol and diesel to consumers at a time when the Brent crude has touched $86 per barrel and there is uncertainity in the international crude oil market.

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Indian Oil delivers much needed kerosene to tsunami-hit Indonesia

Indian Oil delivers much needed kerosene to tsunami-hit Indonesia

The Indian Oil Corporation (IOC) airlifted 25 barrels of kerosene, providing much-needed relief supplies to tsunami-hit Indonesia. In a press statement issued here on Wednesday,

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Why The Saudis Can’t Keep A Lid On Oil Prices

Why The Saudis Can’t Keep A Lid On Oil Prices

Saudi Arabia is incapable of offsetting all of Iran’s crude oil supplies, according to the latest oil market message shared by several analysts who spoke to CNBC.

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Government Signs OALP-1 Contracts With Vedanta, ONGC

Government Signs OALP-1 Contracts With Vedanta, ONGC

As much as Rs 5,900 crore of investment has been committed in 55 oil and gas exploration areas awarded under India's maiden open acreage auction, OALP-1, Oil Minister Dharmendra Pradhan said Monday.

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Diesel crosses Rs 75 per litre in Delhi, petrol above Rs 91 in Mumbai. Here are the fuel prices for today

Diesel crosses Rs 75 per litre in Delhi, petrol above Rs 91 in Mumbai. Here are the fuel prices for today

The prices of petrol and diesel have escalated again on Monday. Petrol is now selling at above Rs 91 per litre in Mumbai, while diesel has almost touched Rs 80 per litre. in Delhi, diesel has crossed Rs 75 per litre mark.

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