Crude oil demand growth to remain stable

Crude oil demand growth to remain stable

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets. On the Multi Commodity Exchange, crude for July delivery went up by Rs 25, or 0.61 per cent,

Crude oil futures up 0.8 pc on global cues

Crude oil futures up 0.8 pc on global cues

Crude oil prices rose 0.8 per cent to Rs 4,149 per barrel in futures trade Thursday as speculators raised their exposure on positive global cues. On the Multi Commodity Exchange, crude for July delivery went up by Rs 33, or 0.8 per cent, to Rs 4,149 per barrel in a business turnover of 23,033 lots.

IOC’s Sankari terminal set for expansion

IOC’s Sankari terminal set for expansion

An emergency safety drill to avert fire and other types of accidents and how to handle any unexpected incident was held at the IndianOil’s Sankari terminal near Salem. Indian Oil is India’s largest commercial enterprise and is in the Fortune 500 Global listing, straddling the entire hydrocarbon value chain.

Daimler, HPCL launch co-branded fleet card

Daimler, HPCL launch co-branded fleet card

Daimler India Commercial Vehicles, a subsidiary of German commercial vehicle-maker Daimler, Wednesday said it has launched a co-branded fleet card in association with oil marketing major Hindustan Petroleum Corporation Ltd to offer its services for its entire range of trucks.

Fuel rates up by Rs 2 across Telangana

Fuel rates up by Rs 2 across Telangana

The prices of petrol and diesel increased by Rs 2 on Monday, with a litre of petrol costing by 74.33 and diesel by 69.67 across Telangana state. Dealers attribute the price rise to the increase in barrel price.

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