Fuel Consumption

Showing of 1 - 20 from 15 results
Fuel Consumption - Total results - 15
Coronavirus impact: Fuel demand nearly halves in April as lockdown, travel curbs erode economic activity
Business

Coronavirus impact: Fuel demand nearly halves in April as lockdown, travel curbs erode economic activity

Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes-its lowest since 2007, government data showed on Saturday.

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month
Business

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

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

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
India

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?
Business

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?

Fuel consumption surges to 10.7% in 2016; highest in 16 years
Business

Fuel consumption surges to 10.7% in 2016; highest in 16 years

Consumption of fuels, a proxy for oil demand, surged 10.7 percent to 196.48 million tonnes in 2016, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.

Petrol, diesel, LPG sales jump in June; fuel consumption rises 6.2%
Business

Petrol, diesel, LPG sales jump in June; fuel consumption rises 6.2%

Sales of gasoline, or petrol, were 4.4 percent higher from a year earlier at 1.85 million tonnes

Saving rupee: India to announce steps to cut fuel use on 16 Sep
Economy

Saving rupee: India to announce steps to cut fuel use on 16 Sep

India could announce steps to curb fuel consumption on September 16, Foreign Minister Salman Khurshid said on Friday, in a bid to cut the biggest item in the country's import bill and help support a rupee skittering just above record lows.