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Saudi Arabia raises June Arab light crude price to AsiaBy : Sustainability ..., May 8, 2020
Saudi Arabia's state oil giant Aramco has raised the June price for its Arab light crude oil to Asia by $1.40 a barrel from May, setting it at a discount of $5.90 to the Oman/Dubai average, according to a document seen by Reuters on Thursday. The rise in the crude oil... Read more.. |
OPEC+ agrees to cut world oil productionBy : Sustainability ..., Apr 13, 2020
The oil-producing countries of the OPEC+ alliance have agreed to cut their crude production by some 9.7 million barrels per day (mbd) in an historic accord to stabilize world petroleum prices. "At the end of the telematic ministerial meeting of the OPEC+ members and those... Read more.. |
BS-VI costs: Oil companies to raise rates by rupee 1 at one go in AprilBy : Sustainability ..., Jan 31, 2020
State-run fuel retailers will raise fuel prices by 50 paise to Re 1 per litre in one go from April to recover investments made for producing Bharat Stage-VI (BS-VI, akin to Euro-VI standard) petrol and diesel. “I don't think premium (for BS-VI fuels) will be large enough for... Read more.. |
Fuel price hike aimed to boost public transport:NirmalaBy : Sustainability ..., Jul 8, 2019
As petrol and diesel price hike became effective Saturday onwards, leading to protests in some pockets, Finance Minister Nirmala Sitharaman said that the move to raise prices of transport fuel... Read more.. |