Punjab budget: Petrol, diesel rates slashed

Punjab budget: Petrol, diesel rates slashed

The Punjab government on Monday slashed the rates of petrol and diesel by Rs 5 and Re 1, respectively in the annual budget presented for the state. The reduced rates will be applicable from midnight, Finance Minister Manpreet Singh Badal said.

Indian oil refiner BPCL buys gasoline cargo for March in rare move

Indian oil refiner BPCL buys gasoline cargo for March in rare move

India’s Bharat Petroleum Corp Ltd has bought a gasoline cargo for first-half March arrival, two trade sources said on Monday. BPCL bought late last week 35,000 tonnes of 91.5-octane gasoline at a low single-digit premium to Singapore quotes on a cost-and-freight (C&F) basis, said the sources.