The real-time price of Brent crude oil is at $72.53 per barrel, and the price of WTI crude oil is at $68.62 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
Why is diesel cheaper than petrol? Despite the fact that both diesel and petrol are derivatives of the same crude oil, the prices of both commodities vary in India. This is primarily due to the ...
In Mumbai, Chennai and Kolkata diesel costs Rs 90.03 , Rs 92.39and Rs 91.82 respectively. India imports about 80% of its oil needs and so domestic pump rates are dependent on international prices ...
Oil prices saw their largest jump in over two weeks as US sanctions on Iranian crude and OPEC+ discussions to extend production cuts spurred market gains.
Based on estimates by Rodela Romero, director of the Department of Energy Oil Industry Management Bureau, diesel may have the biggest jump ranging from P1.70 to P1.90 a liter. For the past few ...
Oil demand in India is projected to register a 2x growth to reach 11 million barrels per day by 2045. * Diesel demand in India is expected to double to 163 MT by 2029-30, with diesel and gasoline ...
Oil has made headlines during this coronavirus crisis, although not for reasons investors want to see. In addition to issues caused by international events, especially those that impede the safe ...
Thus, marginal changes in international trade or demand fro crude oil can have noticeable impacts on domestic diesel prices in Chennai as well. Chennai is the largest city of Tamil Nadu with more ...
A hefty oil price hike is set starting Tuesday, November 12, with diesel costs surging by P2.10 a liter, based on separate advisories of petroleum companies. Seaoil, PetroGazz, Shell Pilipinas ...
Metro Vancouver has passed a plan to swap diesel feeding a fleet of heavy-duty trucks in favour of a low-carbon fuel made from inedible animal fats and used cooking oil. The phase-out of fossil ...