Oil Factory

Oil prices fell on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 curbs will curtail demand.

India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.

Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this week to determine whether to increase supply.

Rajasthan Fire: A major fire broke out at a paper plate factory in Rajasthan's Dausa. The police said they suspect crude oil allegedly stolen from a pipeline could be the reason which is making it difficult to douse the fire.

Risk sentiment in broader Asian markets was also down as surges in oil and Chinese factory prices added to worries of a hot U.S. inflation reading.

Oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers.

इस कदम से खाद्य तेल को बायोडीज़ल में बदलने वाले अवसरों को पैदा करने के लिए एक इको-सिस्टम बनाने की पहल की गई है.

The initiative has been taken to create an eco-system for collection and conversion of UCO into Biodiesel and developing entrepreneurship opportunities.

Three labourers died on Saturday while they were cleaning an underground tank which was used to store waste oil in a now-defunct chemical factory in Ambernath town in Thane district of Maharashtra, fire officials said.

Oil has climbed 75 per cent since the start of November as major economies vaccinate their populations and reopen after the pandemic shut down factories and grounded planes

Fuel demand massively dropped in April after Prime Minister Narendra Modi announced complete lockdown across the country to contain the spread the coronavirus pandemic. Prime Minister urged everyone to break the chain of the COVID-19 by staying at home, which resulted in a temporary closure of factories, offices, air travel suspension and more. Wit...

Currently, the global economy is witnessing a major slowdown and economies like China, Germany and India have reported declining factory output.

Police today claimed to have busted a factory allegedly producing fake Dabur oil and arrested one person in connection with the incident in Uttar Pradesh's Mathura district.

The BSE Sensex closed 21 points lower at 33,835 on Wednesday, recovering most of the day's losses, while the NSE Nifty closed above the 10,400 mark. Banking stocks, which had dragged down the indices earlier during Wednesday's session, rose with the Bank Nifty - the NSE's sub-index for banking stocks - closing 0.5 per cent higher. Oil stocks such a...

Three tankers carrying hydrogen gas exploded one after the other at a private oil factory at Samalkot in Andhra Pradesh's East Godavari district in the wee hours today, police said.

Oil prices fell on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 curbs will curtail demand.

India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.

Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this week to determine whether to increase supply.

Rajasthan Fire: A major fire broke out at a paper plate factory in Rajasthan's Dausa. The police said they suspect crude oil allegedly stolen from a pipeline could be the reason which is making it difficult to douse the fire.

Risk sentiment in broader Asian markets was also down as surges in oil and Chinese factory prices added to worries of a hot U.S. inflation reading.

Oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers.

इस कदम से खाद्य तेल को बायोडीज़ल में बदलने वाले अवसरों को पैदा करने के लिए एक इको-सिस्टम बनाने की पहल की गई है.

The initiative has been taken to create an eco-system for collection and conversion of UCO into Biodiesel and developing entrepreneurship opportunities.

Three labourers died on Saturday while they were cleaning an underground tank which was used to store waste oil in a now-defunct chemical factory in Ambernath town in Thane district of Maharashtra, fire officials said.

Oil has climbed 75 per cent since the start of November as major economies vaccinate their populations and reopen after the pandemic shut down factories and grounded planes

Fuel demand massively dropped in April after Prime Minister Narendra Modi announced complete lockdown across the country to contain the spread the coronavirus pandemic. Prime Minister urged everyone to break the chain of the COVID-19 by staying at home, which resulted in a temporary closure of factories, offices, air travel suspension and more. Wit...

Currently, the global economy is witnessing a major slowdown and economies like China, Germany and India have reported declining factory output.

Police today claimed to have busted a factory allegedly producing fake Dabur oil and arrested one person in connection with the incident in Uttar Pradesh's Mathura district.

The BSE Sensex closed 21 points lower at 33,835 on Wednesday, recovering most of the day's losses, while the NSE Nifty closed above the 10,400 mark. Banking stocks, which had dragged down the indices earlier during Wednesday's session, rose with the Bank Nifty - the NSE's sub-index for banking stocks - closing 0.5 per cent higher. Oil stocks such a...

Three tankers carrying hydrogen gas exploded one after the other at a private oil factory at Samalkot in Andhra Pradesh's East Godavari district in the wee hours today, police said.