Fuel Consumption

Stock Market Latest Updates: Sensex soars 997 points, Nifty holds 9,850-level; ONGC, HCL Tech among major gainers

Stock market today LIVE Update: Sensex above 33,000, Nifty surges past 9,800-mark; RIL, HUL share prices gain ahead of Q4 results

Oil climbs more than $1 a barrel as OPEC, allied producers agree record output cut; gains capped amid coronavirus concerns

Total global oil supply cuts could come to 20 million barrels per day, around 20 percent of global supply, Kuwait’s oil minister said.

India's fuel demand expected to rebound to 3.8% in FY21; diesel to witness 2.8% growth next fiscal

Fuel consumption in the current fiscal ending 31 March will grow by just 1.3 percent, its slowest pace in six years.

Oil slips from five-month high as sluggish economic outlook counters tight market, Brent futures at strongest level

Despite the economic concerns, global oil markets are tight, and Brent and WTI crude oil futures have risen by 40% and 30% respectively since the start of the year.

Fuel rates continue to decline further due to fall in crude prices; OMCs, oil producers to get a breather

Friday is the is the 30th consecutive day when fuel prices have not been increased in the country

Indian oil demand to become important driver of global growth as China's economy slows: Fitch

Indian oil demand, which faced substantial pressures in 2018 because of rising rates and a weakened rupee, is set for recovery next year, Fitch Solutions Macro Research said

India's fuel demand jumps 7.3% in July, driven by sharp rise in petrol and diesel consumption

During July, petrol sales were up 7.8 percent at 2.3 million tonnes while diesel consumption was up 4.8 percent to 6.6 million tonnes.

India's fuel demand rose a meagre 3.8% in May as frequent price hikes dented petrol, diesel consumption

The primary reason for this small growth was the increase in retail selling price after state-owned oil firms lifted pre-Karnataka poll hiatus to resume daily price revisions from 14 May

Narendra Modi launches 'Saubhagya' scheme; promises complete electrification of India by December 2018

Prime Minister Narendra Modi on Monday launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana on the occasion of Pandit Deendayal Upadhyay's birth anniversary.

Petrol pumps to remain shut on Sundays: Fuel conscious? Or merely money-conscious?

Could it be that the privileges these pump owners once enjoyed – of cash transactions, of favourable deals and of shortchanging customers – are now coming to a close in a digitized and more transparent age?