India’s fuel sales drop 18% in March; petrol demand falls 16%, diesel slips 24% New Delhi: India’s fuel consumption slumped by over 66 per cent in April as a nationwide lockdown […]
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Sugar mills seek third ethanol supply tender from govt-owned OMCs
Sugar mills seek third ethanol supply tender from govt-owned OMCs Sugar mills have urged government-owned oil marketing companies (OMCs) to float the third tender for ethanol procurement because of the […]
As crude prices plummet, India’s tanks are only half full
As crude prices plummet, India’s tanks are only half full Global crude oil prices are plummeting to historic lows. On Monday, the benchmark North Sea Brent was at $33.52, roughly […]
Vedanta cuts oil production at its Rajasthan block by a tenth
Vedanta cuts oil production at its Rajasthan block by a tenth Vedanta has cut oil production at its prolific Rajasthan block by a tenth as refiners, faced with deep demand […]
India to continue prompt fuel exports for at least two more weeks
India to continue prompt fuel exports for at least two more weeks A three-week lockdown due to end in mid-April slashed state fuel retailers’ local diesel sales by about 26 […]