Oil Price Hike
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Commercial LPG Cylinder Prices Hiked By Rs 48.50
The oil marketing companies on Tuesday announced a hike in the prices of commercial LPG gas cylinders, effective from today (October 1st), according to the sources.
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Jet Fuel Price Cut 4.6%, Commercial Cooking Gas Up By Rs 39 Per Cylinder
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
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Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
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Oil Climbs As Chances Of Gaza Truce Talks Appear Slim, Saudi Hikes Prices
Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.
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Israel-Hamas War Could Cause Hike In Oil Price: World Bank
The war between Israel and Hamas could trigger price shocks for raw materials such as oil and agriculture products if the conflict escalates across the Middle East, the World Bank warned in a report Monday.
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Jet Fuel Price Rises 1.6% To Rs 90,779.88 Per Kilolitre On Global Cues
Jet fuel or ATF price was today hiked by 1.65 per cent - the first increase in rate after fourth months of reduction warranted by softening oil prices.
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Cooking Gas Cylinder Price Hiked By Rs 50, Will Now Cost Rs 1,103 In Delhi
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect from Wednesday.
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Jet Fuel Price Hiked By 4%, Petrol, Diesel Prices Remain On Freeze For Record 10 Month
Jet fuel (ATF) price on Wednesday was hiked by 4 per cent in line with firming international oil prices but petrol and diesel rates remained on freeze for a record 10th month in running.
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Commercial Cooking Gas Prices Up By Rs 25. Rates Were Hiked 4 Times Last Year
The oil marketing companies (OMCs) on Sunday raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 25 with immediate effect on the first day of the New Year 2023.
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Rupee Trades At Over A One-Month Low Of 82.72 Per Dollar Ahead Of RBI
Rupee Today: The rupee trades only a touch weaker ahead of the RBI's policy decision on Wednesday as oil prices tumbled on demand concerns.
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Rupee Plunges To All-Time Low Of 82.33 Against Dollar
While it found brief respite after the RBI delivered its fourth consecutive interest rate hike last week, a widening trade deficit driven by rising oil prices and a slowdown in exports have dragged the rupeedown.
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Oil Rises On Rebounding Chinese Demand, Geopolitical Risks
Oil rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.
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Oil Prices Tick Up On Supply Concerns But Fed Rate Hike Bets Cap Gains
Oil prices ticked up on Wednesday on supply concerns, but expectations of another aggressive U.S. interest rate hike capped gains amid investor concerns it could lead to a recession and hurt fuel demand.
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Oil Prices Steady On Expectations Fed Rate Hike To Curb Fuel Demand
Oil prices steadied on Tuesday after rising in the previous session on concerns that further U.S. interest rate hikes this week to tame inflation will curb economic growth and fuel demand in the world's biggest oil consumer.
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Oil Prices Edge Lower On Prospect Of Rising US Interest Rates
Oil prices inched lower on Wednesday on concerns of another U.S. Federal Reserve interest rate hike next week after consumer prices unexpectedly rose in August, outweighing support from a robust OPEC oil demand growth forecast.
-
Commercial LPG Cylinder Prices Hiked By Rs 48.50
The oil marketing companies on Tuesday announced a hike in the prices of commercial LPG gas cylinders, effective from today (October 1st), according to the sources.
-
Jet Fuel Price Cut 4.6%, Commercial Cooking Gas Up By Rs 39 Per Cylinder
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
-
Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
-
Oil Climbs As Chances Of Gaza Truce Talks Appear Slim, Saudi Hikes Prices
Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.
-
Israel-Hamas War Could Cause Hike In Oil Price: World Bank
The war between Israel and Hamas could trigger price shocks for raw materials such as oil and agriculture products if the conflict escalates across the Middle East, the World Bank warned in a report Monday.
-
Jet Fuel Price Rises 1.6% To Rs 90,779.88 Per Kilolitre On Global Cues
Jet fuel or ATF price was today hiked by 1.65 per cent - the first increase in rate after fourth months of reduction warranted by softening oil prices.
-
Cooking Gas Cylinder Price Hiked By Rs 50, Will Now Cost Rs 1,103 In Delhi
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect from Wednesday.
-
Jet Fuel Price Hiked By 4%, Petrol, Diesel Prices Remain On Freeze For Record 10 Month
Jet fuel (ATF) price on Wednesday was hiked by 4 per cent in line with firming international oil prices but petrol and diesel rates remained on freeze for a record 10th month in running.
-
Commercial Cooking Gas Prices Up By Rs 25. Rates Were Hiked 4 Times Last Year
The oil marketing companies (OMCs) on Sunday raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 25 with immediate effect on the first day of the New Year 2023.
-
Rupee Trades At Over A One-Month Low Of 82.72 Per Dollar Ahead Of RBI
Rupee Today: The rupee trades only a touch weaker ahead of the RBI's policy decision on Wednesday as oil prices tumbled on demand concerns.
-
Rupee Plunges To All-Time Low Of 82.33 Against Dollar
While it found brief respite after the RBI delivered its fourth consecutive interest rate hike last week, a widening trade deficit driven by rising oil prices and a slowdown in exports have dragged the rupeedown.
-
Oil Rises On Rebounding Chinese Demand, Geopolitical Risks
Oil rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.
-
Oil Prices Tick Up On Supply Concerns But Fed Rate Hike Bets Cap Gains
Oil prices ticked up on Wednesday on supply concerns, but expectations of another aggressive U.S. interest rate hike capped gains amid investor concerns it could lead to a recession and hurt fuel demand.
-
Oil Prices Steady On Expectations Fed Rate Hike To Curb Fuel Demand
Oil prices steadied on Tuesday after rising in the previous session on concerns that further U.S. interest rate hikes this week to tame inflation will curb economic growth and fuel demand in the world's biggest oil consumer.
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Oil Prices Edge Lower On Prospect Of Rising US Interest Rates
Oil prices inched lower on Wednesday on concerns of another U.S. Federal Reserve interest rate hike next week after consumer prices unexpectedly rose in August, outweighing support from a robust OPEC oil demand growth forecast.
