Oil Dependent Economy
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"Starting To Crumble": German Minister On EU Unity On Russia Sanctions
German Economy Minister Robert Habeck on Sunday expressed fears that the European Union's unity was "starting to crumble" ahead of a summit to discuss an oil embargo against Russia and plans to cut dependence on Russian energy.
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Analysis-When It Comes To Oil, The Global Economy Is Still Hooked
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving that can still disrupt economies, confound policymakers and spark political strife.
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Commodities Could Face Inflationary Pressure Due To Ukraine Crisis: ICRA
ICRA has said that short term impact of Russia's invasion of Ukraine on India will be via inflationary pressures, as it is dependent on imported oil
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Jet Fuel Price Increased Over 16%, Second Hike This Month
ATF rates were increased across the country. The rates vary from state to state depending on local sales tax.
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Petrol, Diesel Rates Unchanged. Here's How Much You Pay In Your City Today
Currently, petrol and diesel rates vary in different parts of the country, depending on factors such as taxes and transportation cost.
-
Petrol Prices Cut For Second Straight Day, Diesel For Fourth
Oil marketing companies such as state-run Indian Oil Corporation review the rates on a daily basis, and adjust the domestic prices with effect from 6 am depending on crude oil and foreign exchange rates.
-
Petrol Price Cut By 23-24 Paise Per Litre, Diesel By 25-27 Per Litre In Metros
Petrol, Diesel Rate Latest: Oil marketing companies such as state-run Indian Oil Corporation review the rates on a daily basis, and adjust the rates depending on crude oil rates overseas and the rupee-dollar foreign exchange rate.
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A Huge Challenge For Whoever Wins India Election Will Be Fuel Prices
For the oil-import dependent country, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned. Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move t...
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How To Check Daily Petrol, Diesel Rates In Your City
Any changes in domestic petrol and diesel prices are effected at the fuel stations by oil marketing companies at 6 am every day. The domestic domestic petrol and diesel rates are determined broadly by crude oil and rupee-dollar rates. Petrol and diesel prices in the country vary from city to city, and pump to pump, depending on local taxes and tran...
-
Petrol Price Cut By Up To 22 Paise Per Litre, Diesel By 26 Paise Per Litre In Metros
Currently, the prices of petrol and diesel vary from city to city depending on local taxes.Oil marketing companies such as state-run Indian Oil Corporation review the rates on a daily basis, and adjust the rates depending on crude oil rates overseas and the rupee-dollar foreign exchange rate.
-
Saudi Encouraged "Oil Boom" Foreign Workers To Leave. Now It's Struggling
Mohammed Iqbal joined the throng of foreign workers bound for Saudi Arabia during the oil boom of the 1970s, after recruiters from Pepsi visited his native India and dangled an opportunity in the kingdom driving a delivery truck.
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As Oil Prices Fall, Saudi Arabia Taps Its White Gold - Religious Tourism
With global oil prices flailing, Saudi Arabia is turning to another natural resource: billions of dollars gained from religious tourism as the kingdom hosts the annual hajj pilgrimage
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How Much You Pay For Petrol, Diesel Could Change Every Day
Currently, petrol and diesel prices are revised on a fortnightly basis.
-
Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
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Saudi Arabia's Post-Oil Plan Off To Rough Start In Year One
The first year of Saudi Arabia's drive to reduce its oil dependence may end with the opposite result.
-
"Starting To Crumble": German Minister On EU Unity On Russia Sanctions
German Economy Minister Robert Habeck on Sunday expressed fears that the European Union's unity was "starting to crumble" ahead of a summit to discuss an oil embargo against Russia and plans to cut dependence on Russian energy.
-
Analysis-When It Comes To Oil, The Global Economy Is Still Hooked
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving that can still disrupt economies, confound policymakers and spark political strife.
-
Commodities Could Face Inflationary Pressure Due To Ukraine Crisis: ICRA
ICRA has said that short term impact of Russia's invasion of Ukraine on India will be via inflationary pressures, as it is dependent on imported oil
-
Jet Fuel Price Increased Over 16%, Second Hike This Month
ATF rates were increased across the country. The rates vary from state to state depending on local sales tax.
-
Petrol, Diesel Rates Unchanged. Here's How Much You Pay In Your City Today
Currently, petrol and diesel rates vary in different parts of the country, depending on factors such as taxes and transportation cost.
-
Petrol Prices Cut For Second Straight Day, Diesel For Fourth
Oil marketing companies such as state-run Indian Oil Corporation review the rates on a daily basis, and adjust the domestic prices with effect from 6 am depending on crude oil and foreign exchange rates.
-
Petrol Price Cut By 23-24 Paise Per Litre, Diesel By 25-27 Per Litre In Metros
Petrol, Diesel Rate Latest: Oil marketing companies such as state-run Indian Oil Corporation review the rates on a daily basis, and adjust the rates depending on crude oil rates overseas and the rupee-dollar foreign exchange rate.
-
A Huge Challenge For Whoever Wins India Election Will Be Fuel Prices
For the oil-import dependent country, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned. Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move t...
-
How To Check Daily Petrol, Diesel Rates In Your City
Any changes in domestic petrol and diesel prices are effected at the fuel stations by oil marketing companies at 6 am every day. The domestic domestic petrol and diesel rates are determined broadly by crude oil and rupee-dollar rates. Petrol and diesel prices in the country vary from city to city, and pump to pump, depending on local taxes and tran...
-
Petrol Price Cut By Up To 22 Paise Per Litre, Diesel By 26 Paise Per Litre In Metros
Currently, the prices of petrol and diesel vary from city to city depending on local taxes.Oil marketing companies such as state-run Indian Oil Corporation review the rates on a daily basis, and adjust the rates depending on crude oil rates overseas and the rupee-dollar foreign exchange rate.
-
Saudi Encouraged "Oil Boom" Foreign Workers To Leave. Now It's Struggling
Mohammed Iqbal joined the throng of foreign workers bound for Saudi Arabia during the oil boom of the 1970s, after recruiters from Pepsi visited his native India and dangled an opportunity in the kingdom driving a delivery truck.
-
As Oil Prices Fall, Saudi Arabia Taps Its White Gold - Religious Tourism
With global oil prices flailing, Saudi Arabia is turning to another natural resource: billions of dollars gained from religious tourism as the kingdom hosts the annual hajj pilgrimage
-
How Much You Pay For Petrol, Diesel Could Change Every Day
Currently, petrol and diesel prices are revised on a fortnightly basis.
-
Saudi Arabia Boosts Wealth Fund With $27 Billion Injection
Saudi Arabia, hurt by low oil prices, has drawn down foreign reserves and cut spending while it funds a budget deficit that reached about 15 percent of gross domestic product last year.
-
Saudi Arabia's Post-Oil Plan Off To Rough Start In Year One
The first year of Saudi Arabia's drive to reduce its oil dependence may end with the opposite result.
