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The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

India's fuel demand jumps 8.6 per cent in June

Fuel consumption in June totalled 17.99 million tonne as compared to 16.56 MT in the same month last year.

12 July 2018 1:30 PM GMT

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

India's fuel demand to rise by average 4.7 pc through 2025: Nayara...

India's gasoil demand will rise by an average 5.3 pc per year through the 2025 fiscal year, said Nayara Energy's B...

10 Sep 2019 7:28 AM GMT

Iranian fuel reaches Venezuelan stations as prices set to rise. (AFP Photo)

Iranian fuel reaches Venezuelan stations as prices set to rise

Washington has warned governments, seaports, shipping firms and insurers that they could face sanctions if they aid the...

31 May 2020 3:43 AM GMT

Indias crude oil imports fall, product exports surge in April. (AFP Photo)

India's crude oil imports fall, product exports surge in April

Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months

23 May 2020 3:52 AM GMT

Indias fuel demand dipped 45.8% in April. (PTI Photo)

India's fuel demand crashes nearly 50% in April

The country's fuel demand is set to recover with easing restrictions on industrial activity and transport in areas

10 May 2020 9:52 AM GMT

Oil prices rose on Thursday after U.S. inventories swelled less than expected. (AFP Photo)

Oil gains as US inventories grow less than feared

While prices have risen sharply since April as some countries started easing lockdowns put in place to combat worst...

7 May 2020 3:50 AM GMT

India stockpiles low-cost oil, fills 32 million tonnes of commercial storage. (AFP Photo)

India takes advantage of low oil prices, stockpiles 32 million tonnes

India, the world's third biggest oil importer, buys over 80% of its oil needs from overseas markets

5 May 2020 5:30 AM GMT

Petrol sales down 61%, diesel 56.5% in April. (PTI Photo)

Petrol and diesel sales shrink in April; demand expected to pick up...

The demand is expected to further pick up as more areas were opened up on Monday

4 May 2020 10:41 AM GMT

Oil prices fell in early trade on Tuesday after weak Japanese industrial production data was enough to jangle trader nerves over a bumpy recovery in fuel demand as coronavirus pandemic restrictions ease. (AFP Photo)

Oil prices fall as weak Japan data exposes market jitters over fragile...

Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a...

30 Jun 2020 3:24 AM GMT

Oil prices creep up on demand recovery, tempered by virus outbreaks. (AFP Photo)

Oil prices rise on demand recovery, despite surge in virus cases

The prospect of increased US crude production also kept a lid on gains on Friday

26 Jun 2020 3:55 AM GMT

Indias oil imports in May hit the lowest since Oct 2011. (AFP Photo)

India's oil imports in May sink to lowest in over 8 years

Indian refiners in April filled tanks with cheaper oil, sold extra cargoes to the federal government for strategic...

24 Jun 2020 4:59 AM GMT

Oil prices nudged higher on Monday on tighter supplies from major producers. (AFP Photo)

Oil prices higher on tighter supply, but demand concerns resurface

Oil prices have also been supported by a recovery in fuel demand globally following a collapse in April-May during...

22 Jun 2020 3:28 AM GMT