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    Global Oil Shock Drives ATF Losses for Indian Fuel Retailers

    New Delhi, April 2 – The government's calibrated 8.5 per cent increase in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts.Analysts at global brokerage firm Nomura estimate that state-owned fuel...
    • Himanshu
    • Thread
    • atf aviation turbine fuel bharat petroleum corporation city gas distributors commercial lpg domestic airlines energy market fuel prices global oil prices hindustan petroleum corporation india indian oil corporation oil marketing companies omc price increase
    • Replies: 0
    • Forum: Business
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    Domestic Airlines Face Modified Jet Fuel Costs

    New Delhi, Apr 1 Aviation stocks saw strong demand on Wednesday morning, with InterGlobe Aviation rising by over 9 per cent, despite a hike in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, further jumped 9.41 per cent to Rs 4,315 on the BSE.The stock of SpiceJet surged...
    • Himanshu
    • Thread
    • airline industry airline operations aviation stocks aviation turbine fuel (atf) bse domestic airlines energy prices fuel costs global oil prices iata india interglobe aviation jet fuel prices spicejet william walsh
    • Replies: 0
    • Forum: Business
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    India's Fuel Reserves Secure Amid Global Oil Concerns

    Government Slashes Excise Duties on Petrol, Diesel Fuel Price Relief: Excise Duty Cut Announced New Delhi – The government announced a reduction in excise duties on petrol and diesel on Friday, aiming to alleviate the impact of rising global oil prices. The excise duty on petrol has been lowered...
    • Himanshu
    • Thread
    • aviation turbine fuel brent crude diesel prices excise duty fuel prices fuel reserves global oil prices import duty relief india middle east crisis oil market petrol prices petroleum supply strategic storage wti crude
    • Replies: 0
    • Forum: Business
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    Pakistan's Economy: Reforms Needed Amid Global Uncertainty

    Pakistan Economy Remains Vulnerable Despite Petroleum Levy Hike New Delhi, March 25 – Experts have cautioned that Pakistan’s economy remains highly vulnerable to global shocks due to its heavy reliance on imported fuel, weak external finances, and limited fiscal space. The situation could worsen...
    • Himanshu
    • Thread
    • economic challenges economic policy economic vulnerability energy demand fiscal policy fuel import dependence global oil prices government finance middle east conflict muhammad aurangzeb new delhi pakistan economy petroleum levy south asia structural reforms
    • Replies: 0
    • Forum: Business
  5. H

    Petrol & Diesel Prices: Premium Grade Increases, Normal Rates Remain Stable

    New Delhi, March 20 The price of premium or higher-grade petrol increased by Rs 2 per litre on Friday, while the rate of bulk diesel sold to industrial users was hiked by about Rs 22 per litre, reflecting the spike in global oil prices amid the conflict in the Middle East.However, the price of...
    • Himanshu
    • Thread
    • bharat petroleum corporation ltd crude oil diesel price energy fuel prices global oil prices hindustan petroleum corporation ltd india indian oil corporation middle east conflict ministry of petroleum and natural gas petrol price petroleum pricing deregulation strait of hormuz
    • Replies: 0
    • Forum: Business
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