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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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Petrol Queues, Search Spikes: India's Oil Panic Eases After Hormuz Opens
Diesel demand jumped to 8.72 million tonnes, up sharply from 7.66 million tonnes in February, while petrol consumption surged to 3.77 million tonnes.
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US Says It Will Not Renew Sanctions Waiver Allowing India To Buy Russian Oil
The waivers on the purchase of Russian oil had allowed India to secure additional supplies amid global oil disruption. Reports suggest that Indian refiners have placed orders for roughly 30 million barrels of Russian oil during the period.
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What Really Makes An Oil Barrel And How It Impacts Your HouseHold Budget
Every barrel of oil matters, not just for energy markets but for global economic growth, inflation, and transport costs.
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Centre Hikes Export Duty On Diesel To Rs 55.5 Per Litre, Jet Fuel To Rs 42
The government had, on March 26, imposed an export duty of Rs 21.50 a litre on diesel, and Rs 29.5 per litre on Aviation Turbine Fuel (ATF).
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Pakistan Says It Will Repay $3.5 Billion In Matured Loan Deposits To UAE
Last week, authorities scrapped a blanket fuel subsidy and raised diesel and petrol prices for the first time in nearly a month to help government coffers weather a spike in oil costs arising from the war in the Middle East.
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Trump Says "We Don't Need" Hormuz. Why Reopening It Matters For US
In his latest address, Trump passed the buck on the opening of the strait, critical to global oil supply, to oil-dependent nations.
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Premium Petrol Price Rises To Rs 160 Per Litre, Jet Fuel Hiked By 8.5%
US Israel Iran War: Premium Petrol, XP100, Price Hiked By Rs 11 per litre, Jet Fuel Crosses Rs 2 Lakh Per Kilolitre
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US President Donald Trump Follows Nitin Gadkari's Footsteps, Gives A Push To Biofuel
The revised biofuel-related mandates by the US President Donald Trump are expected to benefit farmers by increasing the demand for agricultural products like corn.
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US Gas Prices Soar Past $4 A Gallon, Highest Level Since 2022
Since the US and Israel launched a joint war against Iran on Feb. 28, the cost of the main ingredient in gasoline, crude oil, has spiked rapidly.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
Petrol Queues, Search Spikes: India's Oil Panic Eases After Hormuz Opens
Diesel demand jumped to 8.72 million tonnes, up sharply from 7.66 million tonnes in February, while petrol consumption surged to 3.77 million tonnes.
-
US Says It Will Not Renew Sanctions Waiver Allowing India To Buy Russian Oil
The waivers on the purchase of Russian oil had allowed India to secure additional supplies amid global oil disruption. Reports suggest that Indian refiners have placed orders for roughly 30 million barrels of Russian oil during the period.
-
What Really Makes An Oil Barrel And How It Impacts Your HouseHold Budget
Every barrel of oil matters, not just for energy markets but for global economic growth, inflation, and transport costs.
-
Centre Hikes Export Duty On Diesel To Rs 55.5 Per Litre, Jet Fuel To Rs 42
The government had, on March 26, imposed an export duty of Rs 21.50 a litre on diesel, and Rs 29.5 per litre on Aviation Turbine Fuel (ATF).
-
Pakistan Says It Will Repay $3.5 Billion In Matured Loan Deposits To UAE
Last week, authorities scrapped a blanket fuel subsidy and raised diesel and petrol prices for the first time in nearly a month to help government coffers weather a spike in oil costs arising from the war in the Middle East.
-
Trump Says "We Don't Need" Hormuz. Why Reopening It Matters For US
In his latest address, Trump passed the buck on the opening of the strait, critical to global oil supply, to oil-dependent nations.
-
Premium Petrol Price Rises To Rs 160 Per Litre, Jet Fuel Hiked By 8.5%
US Israel Iran War: Premium Petrol, XP100, Price Hiked By Rs 11 per litre, Jet Fuel Crosses Rs 2 Lakh Per Kilolitre
-
US President Donald Trump Follows Nitin Gadkari's Footsteps, Gives A Push To Biofuel
The revised biofuel-related mandates by the US President Donald Trump are expected to benefit farmers by increasing the demand for agricultural products like corn.
-
US Gas Prices Soar Past $4 A Gallon, Highest Level Since 2022
Since the US and Israel launched a joint war against Iran on Feb. 28, the cost of the main ingredient in gasoline, crude oil, has spiked rapidly.
