Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or value added tax
23 Jun 2020 11:40 AM
Production from seven major U.S. shale formations is likely to drop to close to a two-year low of 7.63 million barrels per day by July
16 Jun 2020 9:02 AM
Petrol and diesel sales in May, however, increased by 81.8% and 69.1% respectively from April
11 Jun 2020 11:14 AM
At the same time, gasoline stockpiles grew more than expected to 258.7 million barrels
11 Jun 2020 8:48 AM
Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase
10 Jun 2020 9:12 AM
U.S. crude and gasoline inventories are estimated to have fallen by 1.5 million barrels and about 100,000 barrels respectively in a week
09 Jun 2020 11:37 AM
On Saturday OPEC+ agreed to extend the deal by a third month through end-July
08 Jun 2020 9:03 AM
Saudi Arabia is proposing to extend record cuts from May and June until the end of the year, but has yet to win support from Russia
01 Jun 2020 9:11 AM
OPEC+ countries are set to meet again in early June to discuss maintaining their supply cuts to shore up prices
26 May 2020 8:42 AM
Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months
23 May 2020 9:22 AM
A bleak economic outlook from the U.S. Federal Reserve put downward pressure on oil prices
20 May 2020 9:16 AM
Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a virus-induced demand slump
13 May 2020 8:29 AM
The country’s fuel demand is set to recover with easing restrictions on industrial activity and transport in areas
10 May 2020 3:22 PM
Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide
27 Apr 2020 10:12 AM
Indian state retailers sold 50% less refined fuel in the first two weeks of April
23 Apr 2020 11:46 AM
Sales of gasoline, or petrol, were 8.8 per cent higher from a year earlier at 2.52 million tonnes.
12 Aug 2019 9:04 AM
The IEA is reducing its 2019 oil demand forecast due to a slowing global economy amid a US-China trade spat.
19 Jul 2019 11:01 AM
During April-December, consumption of petroleum products has been 157.4 million tonnes, up 2.5 per cent.
22 Jan 2019 4:09 PM
Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.
16 Oct 2018 11:28 AM
The estimated growth in global demand has been reduced by 1,10,000 barrels per day for each of the two years.
12 Oct 2018 2:44 PM