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a few moments ago copy link Due to the ongoing war between America, Iran and Israel in the Middle East, the prices of crude oil in the international market have reached a three and a half year high. On Sunday, the price of Brent crude has crossed the level of $ 100 per barrel. Earlier…
New Delhi: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday told the Parliament that the government is committed towards ensuring energy security, affordability, and accessibility for every citizen, highlighting that despite international crude oil price fluctuations, domestic petrol and diesel prices have been reduced owing to various steps taken by the government…
New Delhi: Oil prices fell by over 5 per cent to a two-week low in the international market on Tuesday after Israel announced that it has agreed to US President Donald Trump’s proposal for a ceasefire with Iran. Price of the benchmark Brent crude declined by nearly $4 to $67.7 a barrel while U.S. West…
New Delhi: Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday allayed fears over any disruption in oil supplies to Indian consumers due to the Israel-Iran war and further escalation in geopolitical tensions in the Middle East because of the US bombing of Iran’s nuclear sites. “We have been closely monitoring the evolving geopolitical…
Commercial vehicle owners in Mizoram have decided to go on strike for an indefinite period from October 14 to protest against fuel price hikes and demanded that prices of petrol and diesel be reduced in the state, an official said on Wednesday. Mizoram Commercial Vehicle Union (MCVU) president PC Malsawma said they have repeatedly appealed…
In a move that can ease burdern on common man’s pocket in near future, the government on Tuesday slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18. The reduction could make petrol, diesel cheaper. Last week, Petroleum Secretary Pankaj Jain had said that oil marketing companies would consider…