Fuel Costs
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Airlines React To Rs 10,000 Crore Fund Approval Amid Rising Jet Fuel Costs
Major Indian airlines have welcomed the government's ATF price stabilisation support, calling it a crucial relief measure amid a sharp rise in fuel costs triggered by the ongoing West Asia crisis.
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Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
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India's Oct WPI Inflation Accelerates To 5-Month High As Firms Face Rising Costs
India's annual wholesale price-based inflation, a proxy of producers' prices, accelerated in October to a five-month high, pushed up by increases in fuel and manufacturing prices, fuelling concerns of rising inflationary pressures for firms.
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Petrol Price Hike Continues On 5th Consecutive Day; Diesel Prices Unchanged
There has been an increase in the price of petrol by 10 paise per litre in Delhi, Kolkata, Mumbai and Chennai, though there has been no change in the price of diesel for the second consecutive day.
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Uber, Indian Oil To Offer Fuel Discounts To Drivers
Ride-hailing giant Uber on Thursday announced it is partnering with state-run Indian Oil Corp Ltd (IOCL) to offer discounts to drivers on petrol, diesel and CNG at IOCL petrol pumps across India.
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Electric Vehicles Could Help Save $60 Billion In Fuel Cost By 2030
A joint report released today by Niti Aayog says that Electric Vehicles a.k.a. EV could help save $60 Billion in fuel cost by 2030.
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Air India Plans Hedging Fuel Costs Up To 25 Per Cent
As it looks to turnaround, Air India plans to hike the limit for hedging fuel costs to 25 per cent amid oil prices hovering at low levels.
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Dressed for Cycling, Egypt's Sisi Calls for Help on Fuel Subsidies
Wearing sporting gear including cycling gloves, President Abdel Fattah al-Sisi asked Egyptians on Friday to cycle and walk more to help the cash-strapped government that spends tens of billions of dollars a year on fuel subsidies.
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Airlines React To Rs 10,000 Crore Fund Approval Amid Rising Jet Fuel Costs
Major Indian airlines have welcomed the government's ATF price stabilisation support, calling it a crucial relief measure amid a sharp rise in fuel costs triggered by the ongoing West Asia crisis.
-
Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
-
India's Oct WPI Inflation Accelerates To 5-Month High As Firms Face Rising Costs
India's annual wholesale price-based inflation, a proxy of producers' prices, accelerated in October to a five-month high, pushed up by increases in fuel and manufacturing prices, fuelling concerns of rising inflationary pressures for firms.
-
Petrol Price Hike Continues On 5th Consecutive Day; Diesel Prices Unchanged
There has been an increase in the price of petrol by 10 paise per litre in Delhi, Kolkata, Mumbai and Chennai, though there has been no change in the price of diesel for the second consecutive day.
-
Uber, Indian Oil To Offer Fuel Discounts To Drivers
Ride-hailing giant Uber on Thursday announced it is partnering with state-run Indian Oil Corp Ltd (IOCL) to offer discounts to drivers on petrol, diesel and CNG at IOCL petrol pumps across India.
-
Electric Vehicles Could Help Save $60 Billion In Fuel Cost By 2030
A joint report released today by Niti Aayog says that Electric Vehicles a.k.a. EV could help save $60 Billion in fuel cost by 2030.
-
Air India Plans Hedging Fuel Costs Up To 25 Per Cent
As it looks to turnaround, Air India plans to hike the limit for hedging fuel costs to 25 per cent amid oil prices hovering at low levels.
-
Dressed for Cycling, Egypt's Sisi Calls for Help on Fuel Subsidies
Wearing sporting gear including cycling gloves, President Abdel Fattah al-Sisi asked Egyptians on Friday to cycle and walk more to help the cash-strapped government that spends tens of billions of dollars a year on fuel subsidies.
