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THIS AFTERNOON: India Oil eyes Hormuz crude and LPG cargoes
Plus: India could draw USD 80 bn in fresh investment
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
Second fuel hike in a week as crude prices remain elevated
India has begun gradually hiking fuel prices after years of controls, as soaring crude costs test the limits of consumer…
THIS AFTERNOON: ENBD nears RBL takeover after Sebi nod; India plans to add 62 vessels to its commercial fleet
Price hike for industrial LPG and ATF
Govt slashes fuel taxes, brings back windfall levies as crude surges
With the Indian Crude Basket nearing USD 150, the government’s tax cuts will shield state-run retailers but cost the treasury…
THIS AFTERNOON: Reserve Bank of India intervenes as rupee slides past 92 per USD
Plus: Reserve Bank of India rushes to defend INR amid energy market turmoil
Aramco sells Jafurah condensate to Indian Oil, US majors
Chevron, Exxon and Indian Oil Corporation lift ultra-light cargoes ahead of the gas field’s first export
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