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ONGC will add 13 mn bbl strategic petroleum reserve at its Mangalore petrochemicals hub
The expansion comes as India looks to enhance west-coast storage and widen commercial use of reserves to offset Gulf-linked supply…
June crude imports show Russia widening its lead over MENA suppliers
Plus: India is in no hurry to cut retail fuel prices
THIS AFTERNOON: India Oil eyes Hormuz crude and LPG cargoes
Plus: India could draw USD 80 bn in fresh investment
78 days of the Iran war cost the Indian government USD 13 bn to control fuel prices
India’s fuel-price cushion is turning into a wider fiscal challenge, with support now covering OMCs’ losses, jet fuel stabilization, and…
Why retail India’s fuel-price is cracking
Recent gasoline and diesel price hikes have eased some pressure on state-run retailers, but India’s hybrid fuel-pricing model remains untenable
Fuel price hikes again as India’s oil shock moves downstream
India is now passing the energy shock through every major fuel category — commercial LPG, CNG, and transport fuels
Fourth fuel hike in India surges retail fuel prices by nearly 8% in 10 days
Diesel is now up 8.6% and petrol 7.8% since 15 May
Nayara and Shell take a massive sales hit in India as state-run competitors absorb crude price shocks
Public-sector fuel retailers saw petrol and diesel sales rise nearly 9% in April as buyers shifted from higher-priced private pumps
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