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Browsing: Oil & Stock Correlation
State-run oil companies have ended credit for petrol pump dealers, demanding same-day payments instead of the usual 3-5 days. State-run…
LPG shortage forces manufacturers to switch fuels to keep production running, ETEnergyworld
Manufacturers are shifting from LPG to alternative fuels like oxy-acetylene and diesel to combat supply shortages and maintain steady production.…
External Affairs Minister S Jaishankar’s talks with EU counterparts in Brussels focused on the West Asian conflict’s impact on global…
India’s LPG consumption plummeted by 17.7% in early March due to West Asian supply disruptions caused by regional conflict. New…
Oil prices dipped as US crude inventories unexpectedly rose, according to API data. Oil prices slightly fell on Wednesday morning…
India’s economy ‘in a position of strength’; domestic LPG output up by 25% to offset import risks, FM Sitharaman says, ETEnergyworld
Finance Minister Nirmala Sitharaman assured Parliament of India’s resilience against global shocks, detailing supplementary spending for fertilisers, MSMEs, and MGNREGA…
Punjab LPG distributors say gas supply ‘inadequate’ even as Union govt claims otherwise, ETEnergyworld
Punjab LPG distributors reported inadequate gas supply, contradicting official claims of availability. Chandigarh, Punjab-based LPG distributors on Tuesday said there…
The Centre has directed states and Union Territories to fast-track approvals for city gas distribution pipeline projects to strengthen energy…
Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say, ETEnergyworld
Macquarie has withdrawn from a potential $7 billion deal for Kuwait’s oil pipeline network, citing the Iran war and uncertain…
LPG crunch continues; central govt pushes states to clear city gas projects, ETEnergyworld
Amidst an LPG supply squeeze due to West Asian conflict, the Centre urges states to expedite piped gas project approvals…