LPG gets costlier from today: Price of cylinder goes up by Rs 37 in metros; jet fuel price hiked 50%
The Oil Marketing Companies (OMCs) have hiked the price of Liquified petroleum gas (LPG) cylinder rates effective from today (1 June) to Rs 37 for a cylinder of non-subsidised LPG in metro cities.
Fuel demand shows signs of revival; petrol, diesel sales rise in May after easing lockdown restrictions
The drop in fuel sales in the first half of May is lower than the reduction seen during 1-15 April 2020.
Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month
India's fuel consumption slumped by close to 70 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel
Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%
India's fuel consumption slumped by a record 50 percent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel
Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops
Petrol and diesel consumption, which saw its biggest-ever decline in the aftermath of a nationwide lockdown, is likely to pick up in the second half of the month as the government has allowed trucks to ply as well as farmers and industries in rural areas to resume operations after 20 April
Coronavirus Outbreak: Petrol, diesel demand slumps 66% in April; ATF down 90% due to nation-wide lockdown
India’s fuel consumption slumped by over 66 percent in April as a nationwide lockdown halted economic activity and travel, which eviscerated demand
Coronavirus Outbreak: IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait
India's top oil firm IOC has declared force majeure on crude purchases from four of its biggest suppliers - Saudi Arabia, Iraq, UAE and Kuwait - as refinery run rates have been cut down in view of plummeting fuel demand following a nationwide lockdown
Coronavirus Outbreak: IOC cuts crude processing by 25%-30% on low fuel demand; several industries to shut operations
State-owned IOC controls about a third of India’s 5 million barrels per day (bpd) refining capacity.
Jet fuel price cut by steep 10%; non-subsidised cooking gas costs Rs 53 less as international oil declines
Jet fuel (ATF) prices were on Monday slashed by a steep 10 percent, the second straight reduction in rates in as many months, as international oil prices slumped on fears of the spread of coronavirus
Indian aviation sector outlook remains 'negative' amid coronavirus outbreak: ICRA report
The outlook for India's aviation industry remains "negative" in the wake of coronavirus outbreak, which has resulted in many international passengers cancelling their travel to South East Asian countries, according to rating agency ICRA
Non-subsidised LPG price hiked by Rs 19 per cylinder, jet fuel cost up 2.6% on rise in international rates
Jet fuel or ATF price was on Wednesday hiked by 2.6 percent and that of non-subsidised cooking gas LPG by Rs 19 per cylinder on the back of a rise in international rates
Global oil prices set to be relatively low in 2020 on weak global demand; airlines fuel bill will decline to $182 bn: IATA
Oil prices have a massive effect on Indian airlines, as Aviation Turbine Fuel (ATF) takes around 40 percent of the total revenues of an air carrier in India.
Relief for Air India: OMCs defer decision to suspend fuel supplies after national carrier promises to clear dues
State-owned fuel retailers on Friday decided to defer their decision to suspend jet fuel supplies to Air India after the national carrier promised to make regular payments to clear outstanding dues, officials said
State-owned oil companies say Air India not honouring Rs 100 cr per month payment promise
State-owned oil companies on Tuesday accused Air India of not honouring its commitment to pay Rs 100 crore every month to clear overdue ATF outstanding of over Rs 5,000 crore and will be forced to snap supplies at major airports from Friday if no solution is offered
Aviation Turbine Fuel price cut by 5.8% to a four-month low as crude oil rates soften; subsidised LPG by Rs 3
Jet fuel price was on Monday cut by a steep 5.8 percent to a four-month low on softening international oil prices, according to state-owned fuel retailers
Jet Airways failure a 'wake up call' for aviation industry; part of blame at doorstep of policymakers: SpiceJet chief Ajay Singh
Low-cost carrier SpiceJet is expanding its operations and is set to take on lease 30 planes that were flown by Jet Airways
Aviation turbine fuel under GST will ensure level playing field for domestic airlines: Suresh Prabhu
Airlines have been demanding inclusion of aviation turbine fuel in the new indirect tax regime.
Non-subsidised LPG price hiked by Rs 5 per 14.2-kg cylinder, jet fuel price by 1% to Rs 63,472 per kilolitre
Jet fuel price was on Monday hiked by over one percent, the second straight monthly increase in rate coming on the back of firming global prices
India lose Junior Davis Cup, Fed Cup hosting rights as a result of Pakistan's closure of air space following Balakot strikes
The closure of Pakistan's air space following the Balakot air strikes has resulted in India losing the hosting rights of the junior Davis Cup and Fed Cup.
Aviation turbine fuel price hiked by 8.1%, cost still less than petrol, diesel
Jet fuel price was hiked Friday by a steep 8.1 percent to its costliest level this year as international oil prices rose, state-owned oil firms said